look up any word, like ratchet:
 
1.
the fraudulent appropriation and use of someone's identifying or personal data or documents, as a credit card. Then using it to spend all their coin.
TOM: "My Visa bill says I've spent five grand on hookers in Tijuana!"

PHIL: "Yeah? Sounds like the evils of identity theft."

TOM: "It surely does man, it surely does."
by P'diddy Hite May 21, 2008
 
2.
The fraudulent appropriation of someone's identifying or personal data or documents, such as a driver's license, social security number (in USA), medical records, credit cards, etc. and then using that information to fraudulently procure goods and services essentially trading on the victim's good name.
TOM: "I had a job interview. They couldn't hire me because I had just been fired after working there for two years. Rather, the identity thief was hired there using my social security number and name to pass the background check. Now the state is after me to pay back the welfare benefits he got after losing his, er... my job."

PHIL: "Yeah? FBI raided my house and took my computer because someone opened a child porn website using my name, address, and credit card information."

BOB: Hospital almost gave me a lethal dose of insulin because the identity thief who stole my identity was diabetic so it showed up in my charts that I was diabetic. Thank goodness the doctor tested me first.

TOM: "Dang, remember when identity theft only took your credit cards and drained your bank account."
by Sleepwalker248 June 15, 2012
 
3.
The art of cutting off all of someones skin and wearing it over your own. Posing as them, you can turn up at their parents house
(while wearing camerons skin - Identity Theft!)

Me: "Hey mum and dad! Look im cameron!
Them: "Wtf who are you? What do you want?"
Me: "WoOoOo but im Cameron!"
Them: "No your not, we are calling the police!"
Me: *laughing, runs off down street screaming "woo im cameron!"*
by Ge15t/Unbrednoobman January 20, 2009
 
4.
When someone steals someone else's credit card, and then proceeds to buy tons of stuff and put it ont their account.
Citi can help with identity theft.
by Rodney Basil November 05, 2003
 
5.
copying someones style or the way they talk or trying to become friends with all their friends. socially losing your identity and assuming the identity of another.
she completly commited identity theft of my entire life. shes always at my friends house and wearing the same kind of clothes i wear. when we first became friends she used to have her own identity and wear earth tones. now shes just a clone of me.
by richdelrio May 02, 2009
 
6.
One of the most innacurate myths in U.S. history. In reality, if a credit card is stolen, the business where the criminal spent the funds at, will be hurt, not the card holder. If someone steals your card, and you tell the card company, they will take the money away from the business, not the customer. In turn, the business will lose money, go our of business, or be hurt permanently. However, most people still believe that THEY are the victim.
I don't recognize this $10 charge on my card, it must be identity theft, like they said on TV. I better call mastercard, so they can put the money back on my card. Wow, I'm so traumatized.
by Brian Leeon January 16, 2006