Why did banks give this little girl credit cards, home mortgages, and car and boat loans? And how did she keep getting them after defaulting time and time again? The answers should be a warning for every parent in America.
At least 16% of Americans have engaged in some kind of identity fraud -- lying about their Social Security number, name or birthday -- on applications for goods and services, a new study reveals. That's 45 million people trying to game the system, and every time one succeeds, he or she may be making trouble for you.