Identity Thieves Targeting Kids

Wednesday, August 4th, 2010 at 1:43 pm

Identity thieves have gone to a whole new level that doesn’t depend on stealing your Social Security number, instead thieves are gearing their crimes towards kids. Identity thieves are targeting kids’ Social Security numbers before the child even has a bank account. The scheme  involves hundreds of online businesses using computers to find security numbers that are typically assigned to children and selling those numbers under a different name which help these people establish phony credit and run up debt.  This scheme could pose a threat to the entire nation’s credit system.

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