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ID crime: hang on to your ego.(identity theft)
Financial Management (UK)
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April 1, 2006
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COPYRIGHT 2006 Chartered Institute of Management Accountants (CIMA). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Identity fraud and identity theft are terms often applied to any case in which personal details are misused. According to the Credit Information Fraud Avoidance System, identity theft is "the misappropriation of the identity of another person without their knowledge or consent", while identity fraud is "the use of that stolen identity in criminal activity to obtain goods or services by deception".
Examples of identity fraud include using a false ID or someone else's details to gain money, information, goods or services. Last November, for example, a man who stole ...
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