Children Are Increasingly Targets
IDENTITY THEFT—U.S.May 12, 2011
NBC's Jeff Rossen and the "TODAY" show explore a rising trend in identity theft--stealing the identities of children--and the challenges that brings for parents trying to protect their kids. Children's clean credit records are prime targets for thieves, and often, the thefts aren't discovered for years. Meanwhile, the FTC and others discourage parents from regularly checking their kids' credit reports because most children don't have them, and the Identity Theft Resource Center says checking may lead to the creation of a report, making it easier for the child's identity to be stolen. The MSNBC report offers tips on how parents should go about checking for fraudulent activities on their children's credit.