What are the (possible) cons of allowing a stranger the use of one's wireless internet connection?

What are the (possible) cons of allowing a stranger the use of one's wireless internet connection?
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answer:* Ability to hack into your other computers connected to the same network, accessing “private” files. * Decreased bandwidth for your own usage. * Anything illegal or infringing (which “watching foreign tv stations” would certainly fall under) would be traced back to you, not him.
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