Friday 9 March 2018

Newest ID scam creates fake people, poses terrorist threat

A new kind of identity fraud creates phony identities out of fake people and the U.S. government is expressing concern that this could become a go-to scheme for terrorists and organized crime.



Synthetic identity fraud creates, in effect, a new person by selecting the right social security number (SSN). This is a new twist to identity fraud, which typically uses an existing person’s identity to apply for credit or government benefits.

“The most common plan here is to randomly choose a SSN that wasn’t issued prior to 2011, when the [Social Security Administration] changed the rules on how SSNs were issued,” Kevin King, Director, Product Marketing at ID Analytics, told Fox News.


Source : foxnews

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