Saturday, November 24, 2007

You Kid Can Be A Victim of ID Theft

Believe it or not kids are the perfect target for ID theft if a minors social security number is compromised it can be years before it's even suspected. This particular case happened in Taiwan but in the US ID thieves go after kids personal information because there are no prior credit or bank accounts histories; for scam artists and cons this represents the ideal situation. Kids are also more likely to compromise information both on line or over the telephone and are especially vulnerable to social engineering attacks. A parent or guardian should always monitor their kids on line activities. Parents should both educate themselves and their kids about on line safety. They should also monitor what mail arrives addressed to their child. You'll be surprised at how many credit card offers and IRS notices are addressed to kids everyday across the country.

Newborn becomes victim of identity theft
(China Daily)
Updated: 2007-11-24 16:40


A baby boy in Taiwan became blacklisted by police just 40 days after he was born.

Based on police records, he was guilty of overdrawn credit card accounts for the past three years. Parents of the newborn found out the shocker when they tried to open a bank account for their son on Tuesday.

After investigations, police now suspect it was a man, surnamed Wang, who stole the newborn's identification card number and used his identity to carry out the transactions. The authorities are considering getting a new ID card number for the boy.

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