ID Theft Can Happen to Anyone -Even to a Newborn Baby

If you think ID theft can only happen to adults, think again. Even a newborn baby can become a victim of identity theft when the thieves gain access to his Social Security number. All newborn babies are registered and required to have a Social Security number of their own. As a long-term investment, the thieves use the baby’s SSN to apply for jobs, loans, mortgages, credit cards, and other financial aids. It might be 16 to 18 years later before the individual and the parents find out about the theft. There are some cases of ID theft on babies and it would be best to protect your baby’s identity earlier. Avoid fraud and scams, get the Best Identity Protection plan today.

23 May 2010 | Insurance