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Identity thieves target kids, adults

I’m sorry to report that child identity fraud is alive and well in 2014. If anything, the problem may be worsening as identity thieves devise new methods to steal — and use — children’s personal information. Most commonly, they’ll harvest kids’ dormant Social Security numbers and use them to illegally obtain jobs or open fraudulent bank and credit accounts, mortgages or car loans.
Many victims don’t realize there’s a problem until they later apply for a student loan, bank account, job or apartment and are turned down because of the poor credit history someone else racked up…Read More
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