Georges Marciano for Governor of California 2010

May 18, 2009

President Obama’s Plan Identity Theft: New Account Fraud

Filed under: Uncategorized — Georges Marciano @ 4:18 pm

New Account Fraud: Thieves use personal information, such as Social Security numbers, birth dates, and home addresses, to open new accounts in the victim’s name, make charges indiscriminately, and then dissappear.  While this type of identity theft is less likely to occur, it imposes much greater costs and hardships on victims.

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