100%... The entire premise of "identity theft" is backwards. No one stole my identity, no they committed fraud against the bank. In any other context fraud

100%... The entire premise of "identity theft" is backwards. No one stole my identity, no they committed fraud against the bank. In any other context fraud costs are born by the victim of the fraud, i.e it should be the bank. Only in "identity theft" do we allow a 3rd party of the fraud to be liable for the damages. I am not sure how that even happened