Identity theft is a form of fraud or cheating of another person’s identity in which someone pretends to be someone else by assuming that person’s identity, typically in order to access resources or obtain credit and other benefits in that person’s name. The victim of identity theft (here meaning the person whose identity has been assumed by the identity thief) can suffer adverse consequences if he or she is held accountable for the perpetrator’s actions. Organizations and individuals who are duped or defrauded by the identity thief can also suffer adverse consequences and losses, and to that extent are also victims.
Investment & Economic Snapshot July 2026
In summary Volatility returned to Global markets in July, with renewed tensions in the Middle East causing a whipsawing in the price of crude oil, which rose by 37% intra-month before closing July at $85. The Australian equity market outperformed global equities in...



