LITIGATION NEWSLETTER | IDENTITY THEFT | IMPACT OF THE NATIONAL CREDIT ACT ON LOANS – MARCH 2011

Thursday, April 14, 2011
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Identity theft is a form of fraud in which someone pretends to be someone else by assuming that person's identity. Fraud is defined as the unlawful and intentional making of a misrepresentation which causes actual prejudice or which is potentially prejudicial to another. The purpose of identity theft is predominantly to access resources or to obtain credit or other benefits in the victim's name. Identity theft may also be used to facilitate or fund other crimes such as illegal immigration, terrorism and espionage.

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