What identity thieves do with stolen credit cards

The convenience of modern digital commerce comes with an unfortunate side effect: it makes identity theft more convenient as well.
The 2016 Identity Fraud study from Javelin Strategy and Research found that 13.1 million consumers in the U.S. were victims of identity theft during 2015, to the tune of $15 billion. Over the last six years of available data, the identity theft totals have reached approximately $112 billion.
In the end, the fraud affects you and your creditors and card issuers direct