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Identity theft through social networks get a lot of press these days. Identity thieves use social network sites in combination with many other more tried and true traditional methods of stealing your personal information. Anyone can become a victim. People looking to commit these crimes employ a lot of different methods to breach your privacy. They might search dumpsters, they might pose as a friend, they might troll face book or on line dating sites. They might steal your log in information by figuring out things such as your dog's name, your maiden name, your place of birth, where you spend your days off, etc. Give a little trust and info to the wrong person and they can use that private information to transform themselves into a 'fake' you.
The whole concept of this is called social engineering. I wrote an article on social engineering that is easy to read but gets into more detail about how it can really harm you. Check it out. I linked the post below



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