Identity theft is a crime in which an individual's personal information, such as their name or social security number, is used by another person for fraudulent purposes. This can include opening bank accounts, obtaining credit cards, or even committing crimes under the victim's identity. The goal of the thief is usually to gain something of value, such as money or goods, while leaving the responsibility with the victim. Identity theft can have serious consequences for the victim, including damage to their reputation and financial stability, so it is important to take steps to protect personal information and report any suspicious activity.