Identity Theft Consumer Info

Not even kids safe from identity theft
Article from Chicago Tribune:

Millions of cases of identity theft are reported in the United States each year.

And although most of the victims are adults, children are not immune to having their identities stolen.

Indeed, according to experts, children often make easier targets for several reasons, including the fact that the identity theft can go undetected for years.

“Almost every child is a potential victim,” said Gabby Beltran, victim adviser with the San Diego-based Identity Theft Resource Center. “All thieves need to do is to obtain a child’s Social Security number. It can be devastating for them (children) later in life.”

A financial identity theft against a child occurs after someone uses the child’s Social Security number and name to establish new lines of credit. There are 140,000 identity frauds committed against children per year in the United States, according to a study by ID Analytics Inc., a consumer risk management company. The study also found that thieves open up credit cards and are involved in wireless financial activities about 60 percent of the time.

So just how do thieves acquire a child’s Social Security number? The proce…………………continues on Chicago Tribune
>>> Read the full article from the source
.

Related News:

Man sentenced to 17.8 years in credit fraud, identity theft
Article from USA TODAY:

FARGO, N.D. – He was unemployed and receiving welfare, but Adekunle Adetiloye was somehow living lavishly, complete with a Range Rover, extended trips to England and an expensive condominium.

That alone piqued authorities’ interest, b…………………continues on USA TODAY
>>> Read the full article from the source

Related posts:

1. Five ways to guard kids from ID theft
2. Rep works to protect kids from ID theft
3. Protect your kids from identity thieves
4. Child Identity Theft Takes Advantage Of Kids’ Unused Social Security Numbers
5. If you think you’re identity is safe, think again

Leave Your Comments »