Kids in foster care are also particularly vulnerable to identity theft. In an attempt to remedy this, federal law requires states to run credit checks on foster kids over the age of 14 ...
Criminals combine a real person's Social Security number with other real or made-up details to trick credit issuers.
The FTC said that it received 2.6 million reports of fraud last year, with nationwide fraud losses topping $10 billion.
Among victims of child identity theft in the past six years, 96% were active social media users when their identities were compromised and they subsequently suffered financial losses linked to ...
Children are surprisingly frequent victims of identity theft—around 25 percent of them will experience identity fraud or theft by the time they reach adulthood. The consequences of bad credit caused ...
This year’s complimentary report, supported by TransUnion and the Identity Theft Resource Center (ITRC), finds that as a result of having a larger social media and online presence across ...