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Falsified identity and customer impersonation are the same thing. True or False?

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Final answer:

Falsified identity and customer impersonation are related but distinct concepts. Falsified identity refers to the creation or alteration of identity, while customer impersonation involves assuming an actual person's identity, as seen in identity theft or 'True-name Fraud'. They both have unique legal implications and require different approaches for resolution.

Step-by-step explanation:

Falsified identity and customer impersonation are not exactly the same, although they share similarities and can often overlap in practice. Falsified identity typically refers to the complete fabrication of an identity or the alteration of one's own identity to deceive. Customer impersonation, on the other hand, specifically involves assuming the identity of another existing person, usually a customer, to improperly access their services, benefits, or accounts.

Identity theft, or 'True-name Fraud', is a form of customer impersonation. This crime occurs when someone illegally acquires personal identification such as a social security number, and uses it without permission, often leading to financial theft and significant debts in the victim's name. Big ticket items are commonly purchased using the stolen identity, causing significant stress and financial damage to the person whose identity has been taken.

It is important to differentiate between these terms as they have distinct legal implications and the strategies for prevention and resolution may differ accordingly.

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