One common identity theft scheme that involves credit card has someone call you on the phone. The caller may make a number of different pitches to you. They may indicate that they have a product to sell you, a service to provide. They may indicate that they are raising money for a well known charity. There are even some schemes that have a caller advise you that you have won the lottery. Additionally, there are schemes in which the caller says that he or she is from a governmental agency.
In any event, the caller manipulates you until you do provide credit card information. And, off goes the person who has committed identity theft. Armed with your credit card information, this criminals will be able to wreak havoc on your credit card account in no time at all -- literally no time at all.