George suffered financial distress as a lot of purchases were made in his name, without his knowledge. He was a victim of identity theft. What caused his financial distress?

George experienced financial distress due to identity theft. Identity theft occurs when someone unlawfully acquires and uses another person's personal information, such as their name, social security number, or financial details, to commit fraud or other criminal activities. In George's case, the unauthorized purchases made in his name without his knowledge are a clear indication of identity theft. The person responsible for the theft likely used George's personal information to make fraudulent transactions, resulting in financial losses and distress for George.

Identity theft can take various forms, including:

1. Credit Card Fraud: The thief may use George's credit card information to make unauthorized purchases, leading to charges on his account that he did not initiate.
2. Bank Account Fraud: The thief may gain access to George's bank account information, making unauthorized withdrawals or transfers without his consent.