New ID theft targets kids’ SS numbers
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.