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Location: Scotts Valley, CA, United States

Monday, August 09, 2010

New ID theft targets kids' Social Security numbers

The latest form of identity theft doesn't depend on stealing your Social Security number. Now thieves are targeting your kid's number long before the little one even has a bank account.

Hundreds of online businesses are using computers to find dormant Social Security numbers — usually those assigned to children who don't use them — then selling those numbers under another name to help people establish phony credit and run up huge debts they will never pay off.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/economy/ap-impact-new-id-theft-targets-kids-social-security-numbers-could-threaten-credit-system-99761934.html

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