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Not long ago, a relative of mine was the victim of identity theft. And I have to tell you that I really felt for the entire family.
The thief ran up nearly $20,000 in charges, opened new accounts and tried to open others.
And I can tell you that the frustrations over the losses (most of which ended up being covered) were dwarfed by the helplessness that came whenever new charges showed up - and the worry that was spawned by never finding out how the whole mess started.
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