Parents, beware: Your offspring are in the crosshairs of financial scammers. According to AllClear ID, an identity-theft protection company, children are 35 times more likely than adults to be identity theft victims.
Identity theft is bad enough when it's a stranger committing the crime. But it gets even more complicated when the perpetrator is a relative. And that scenario is far more common than you might guess.
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.
