Final answer:
A confidence trick involves a scammer exploiting a person's trust for fraud, which often occurs in cases of identity theft, where personal information is used illegally, leading to financial loss and trust issues.
Step-by-step explanation:
Any time anyone takes advantage of the confidence of another person to deceive him or her, the type of fraud that is typically occurring is a confidence trick. This kind of fraud involves the perpetrator, who is often a con artist or scammer, establishing trust with the victim and then exploiting that trust for fraudulent purposes. In the context provided, other potential types of fraud that involve deception and can cause significant harm include identity theft, where personal information is used without permission, leading to financial loss and a breach of trust. Cybercrime is another relevant concept, as scammers often use technology to facilitate their fraudulent activities.
Identity theft is referred to as 'True-name Fraud' and occurs when a perpetrator acquires a person's personal identification information and uses it illegally, which can result in the victim experiencing loss of savings and accumulating huge debts. Victims of identity theft can lose trust in institutions they once relied on, such as banks and the government, highlighting the severe impact of such crimes. Embezzlement can also be classified within this context, as it involves a violation of trust with the misappropriation of funds, typically within a corporate or employment setting.