Study finds 140, 000 children are victims of identity theft each year

[Jeffrey Walton <noloader () gmail com>]

http://gantdaily.com/2011/07/12/study-finds-140000-children-are-victims-of-identity-theft-each-year/

A new study from ID ANALYTICS found that a startling 140,000 identity
frauds are perpetrated on minors each year.

• Credit card and wireless activity most common—60 percent of the
potential fraudulent identity use alerts sent to minors originated
from the credit card industry. The vast majority of the remaining
alerts were from the telecommunications industry, mostly wireless
providers.

• Minors who received an alert through the study were seven times more
likely to experience fraud than an adult. They received 0.5 perc

...
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