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What are the possible ramifications of identity theft?

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What are the possible ramifications of identity theft?

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Identity theft can have a serious impact on victims. Those who fall victim to identity theft can lose uncountable hours as they attempt to rectify the misinformation resulting from the theft. The crime also can pose a significant cost to victims, sometimes reaching into the thousands. Additionally, victims of identity theft can lose out on job opportunities, be denied for loans and even arrested for crimes they did not commit.

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