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Once identity thieves have your personal information, they can drain your bank account, run up charges on your credit cards, open new utility accounts, or get medical treatment on your health insurance.
The 1998 Kansas Legislature passed a criminal statute recognizing that persons who have their identities stolen are victims. Identity theft, KSA 21-4018, is a Level 7 Person Felony.
As a severity level 8, nonperson felony, identity theft is punishable by a maximum of 11 months in prison and a fine of up to $100,000.
If you report your identity theft to the FTC within two business days of discovering it, you will only be liable to pay $50 of any unauthorized use of your bank and credit accounts (under federal law).
Identity theft is a serious crime. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. Identity theft can cost you time and money. It can destroy your credit and ruin your good name.