Child Identity Theft
In today’s digital world, adults may be fully aware of the need to protect our own personal information. But we also need to realize criminals may already be using some children’s personal information for fraudulent purposes. Parents often don’t realize this because they didn’t think they needed to check their children’s credit or finances. After all, they aren’t supposed to have any such records!
Child identity theft happens once somebody uses a child’s personal and key identity details such as Aadhar, date of birth, etc. to commit fraud, which may include opening credit accounts, casting off loans or applying for advantages or employment. The crime will go undetected for years. Debts might assemble. Fraudsters could even “create” a client by blending a Social Security number with a unique name, address and birth date.
Child identity theft is unique and attractive to fraudsters for several reasons. It’s likely because their Aadhar #, key identity details and credit history represent a clean slate that will remain untouched—and potentially unchecked—for, possibly, quite a few years. This can allow thieves a lot of time to open new credit card accounts, obtain driver’s licenses, get a job, and even buy homes and cars.