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Based on a recent assessment of 40,000+ SSNs of children, it was found that more than 10% those SSNs were being used by someone other than the child, far in excess of the rate of misuse in the adult population. The study points out the major issues that surround child identity theft and why we need to start paying attention now. It is more prevalent than many think and the threat is growing. Here are a few of the statistics that were found:
- 4,311 or 10.2% of the children in the report had someone else using their Social Security number – 51 times higher than the 0.2% rate for adults in the same population
- Child IDs were used to purchase homes and automobiles, open credit card accounts, secure employment and obtain driver’s licenses
- The largest fraud ($725,000) was committed against a 16 year old girl
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: child identity monitoring, child identity theft, Child Identity Theft Statistics, children, identity theft expert, Identity Theft Prevention, Identity Theft Prevention, Identity Theft Statistics, John Sileo, Theft
In Parts I – III we talked about how easy it is for your child’s identity to be kidnapped and who does it; now let’s get to the heart of…
Protecting Your Children
Acting now on behalf of your child will protect them from consequences common to child victims:
- Starting adulthood with a credit rating low enough to scare away the hungriest of loan sharks
- Being denied a first loan, credit card or apartment rental because of a crime committed 10-15 years earlier (the passage of time makes this crime very hard to clear up)
- Being denied access to college or a new job
- Having a warrant out for her arrest for crimes that she didn’t commit
In the same way that you can’t protect your children from every bruise and scrape, you can’t entirely remove the risk of identity theft. You can, however, prevent or soften the fall if it does happen. Take these steps first:
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: child identity monitoring, child identity theft, Identity Theft Prevention
Are you as protective of your kids as I am of mine?
My wife and two highly-spirited daughters are more than just the center of my universe – they are the compass by which I set my course in every aspect of life. If something is not good for the family, then it isn’t good for me. And that means that I want to do everything in my power to keep them safe.
You and I are called on to protect our children from many things, starting in the womb. Even before they are born, we practice good preventative care. We take specially designed pre-natal exercise classes, coax ourselves to eat right for their benefit, learn CPR and Love and Logic and screen regularly for signs of trouble. Once they are born, we provide the best nourishment, the finest medical care, ample playtime, rest and an infinite flow of unconditional love. You get the point… we do everything in our power to prevent complications and to give them the best chance to grow up healthy, happy and in harmony with the world around them. That is our responsibility, our purpose and our joy.
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: Child ID Theft, child identity monitoring, child identity theft, Child Identity Theft Expert, Must Read
I just finished delivering an identity theft speech for the Department of Defense to the Airmen and Women of Eglin Air Force Base in Ft. Walton, Florida. It is the highest honor for me to be able to serve the United States military, who so valiantly and humbly serve every American. Thank you Eglin AFB, and a special thanks to the person who asked me to clarify this question after the speech:
Is LifeLock identity theft monitoring service truly free to military personnel, or is it just for certain personnel?
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: Air Force, child identity monitoring, freezing your credit, id theft, identity theft expert, Identity Theft Speaker, Identity Theft Speech, John Sileo, LifeLock, Military Identity Theft, Sileo
