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I got off lightly with a $600 phone bill. That $600 was racked up in just one week.
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Yeah, I have heard of much worse. The problem is, it is extremely difficult to prove you are innocent so you get stuck.
You illustrate an excellent point however, one I failed to mention

- many folks assume only "constant on", that is, only broadband users have to worry about badguys taking over their computer since they use dial-up. They just don't think their computer's can, or will, be hijacked and turned into bots or zombies of the badguys. Not so as seen here. Broadband and dial-up users alike can be compromised.
BTW, Paul, you should check the credit bureaus to ensure someone has not taken out a credit card with your stolen identity. Not all ID theives use stolen PI (personal information) to rip you off. Some use it because they need credit - they even pay the bills! Or they use your ID to get a job.