Final answer:
The statement in the question is false because the actions described constitute identity theft, which is a more serious crime than petty theft.
Step-by-step explanation:
The statement is false. A person who creates, alters, embosses, or uses a counterfeit access card with the intent to defraud is not committing petty theft; this activity is a form of identity theft or "True-name Fraud." Identity theft involves acquiring and using someone's personal information without their permission, potentially leading to significant financial damage for the victim, such as drained savings accounts or massive credit card debts from purchases of expensive items. The severity of identity theft extends well beyond petty theft, as it typically involves felonies and major financial crimes.