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Identity fraud News

Child identity theft — A little known silent and growing epidemic

Children are 51 times more likely to be victims of identity theft than adults. When an unused Social Security number is linked to a different name, the theft will be discovered when children use their ID for the first time, often with dire consequences.

Calgary family of five charged in identity theft scam

Calgary - A Calgary couple, their son, daughter and daughter-in-law, all adults, face a total of 114 fraud-related charges. Police allege the family members broke into vehicles, stole personal identification and then used it to defraud Home Depot.

Study: Offline schemes are top causes of identity fraud

A new study conducted by an insurance company says, despite the increased use of the Internet being used to conduct business, that offline schemes are the top known causes of identity fraud.

Identity theft: NY woman learns she'd been married multiple times

New York - Sixteen years ago a New York woman lost possession of her birth certificate. Now several years later, that one loss has brought numerous complications into her life.

Obama’s Pre-paid Credit Card Fraud Problem

Why has the Obama campaign allowed donors to use untraceable pre-paid credit cards, which can be used to evade legal campaign contribution limits and to hide a contributor’s identity? McCain’s campaign doesn’t accept pre-paid credit cards.

Italy arrests 26 for phishing operation

Countries around the world are clamping down on phishing as the number of Web sites used to entrap victims continues to increase. Italy has become the latest country to clamp down on phishing, with authorities there arresting 26 people for an alleged scam
 

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This chart shows that although 4 311 identities used by someone other than the child is used for mul...
This chart shows that although 4,311 identities used by someone other than the child is used for multiple purposes due to the longer time the identity thief can use the ID before being discovered. So when the real owner of the ID tries to use it for the first time, the consequences can be dire.
Illustration Courtesy Carnegie Mellon CyLab