What is the difference between consumer fraud and identity theft?

Consumer fraud and identity theft are both forms of financial crimes, but they differ in what they involve. Consumer fraud occurs when a seller or business deceives a customer in order to gain money, property, or services. Examples of consumer fraud can include false advertising, dishonest pricing, and hidden fees. Identity theft, on the other hand, involves someone using someone else’s personal information without their knowledge or consent in order to commit fraud or other crimes. This can include using someone’s Social Security number, credit card information, or other identifying information to open bank accounts, make purchases, or gain access to someone else’s financial resources. Consumer fraud and identity theft are both serious issues and can cause financial hardship for victims. In California, there are laws in place to protect consumers from fraud and identity theft. It is important to be aware of these laws and know your rights as a consumer. If you feel that you have been a victim of either consumer fraud or identity theft, you should contact your local law enforcement office for assistance.

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What is the difference between consumer fraud and identity theft?

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