A person is mad at their roommate so out of spite they decide to intercept a credit card offer in the mail, and fill it out in their roommate's name. When the new credit card comes in the mail, the person gets the new credit card and goes on a spending spree to stick their roommate with the bill. What type of credit card fraud would this be an example of that we discussed in class?

account takeover

identity theft

credit bureau fraud

application fraud

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19 April, 12:47

A person is mad at their roommate so out of spite they decide to intercept a credit card offer in the mail, and fill it out in their roommate's name. When the new credit card comes in the mail, the person gets the new credit card and goes on a spending spree to stick their roommate with the bill. What type of credit card fraud would this be an example of that we discussed in class?

account takeover

identity theft

credit bureau fraud

application fraud

+1

Answers (1)

Know the Answer?

Deandre Good · Answer 1

The correct answer is letter "B": identity theft.

Explanation:

Identity theft refers to the act of using other people's information to obtain usually a financial advantage. Full names, social security numbers, phone numbers or any other individual information is stolen from others to be used in favor of the criminal.