Scams are designed to either steal your money or your identity to steal your money later. Scammers have all kinds of techniques to collect personally identifiable information (PII). Once they have it, they can become you, using your identity to open accounts, file taxes, or obtain medical coverage.
How identity theft scams work:
How do people steal your identity? With enough personal information, a scammer can pretend to be you and commit many crimes. They can make false applications for loans and credit cards, withdraw money from your bank account, or obtain services in your name. They can al...
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