chapter  I
15 Pages

I

Identity theft has emerged in the public consciousness as a pressing and prevalent social problem in recent years and has come to be seen as synonymous with financial fraud. The prototypical construction involves the theft or cloning of a credit card that is used by the fraudster to make unauthorized purchases that are attributed to the account holder. There are variations that involve the use of identity information to open a new credit card account or to obtain a loan, but the central theme of the popular perception is firmly based on financial gain.