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New ID theft targets kids’ SS numbers

Posted on August 2, 2010 by Dissent

Bill Draper of the Associated Press reports:

…. 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.

Authorities say the scheme could pose a new threat to the nation’s credit system. Because the numbers exist in a legal gray area, federal investigators have not figured out a way to prosecute the people involved.

Read more on WRAL.

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Category: Breach IncidentsID Theft

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