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Are my children and elderly parents at risk of identity theft?

Unfortunately, Yes. Kids are now the fastest growing segment of identity theft victims. More than 10,000 kids had their identities stolen in 2006 alone, nearly a 60% increase over 2003. And many more cases may remain undiscovered, because until the child becomes 18, no one may think to check the child's credit report. In many cases, the thief is a family member or someone close to the family. Other children's identities are stolen by complete strangers.

Elderly adults are also popular targets, because identity thieves know that they don't check their credit reports often and are likely to have savings, investments, and good credit to draw on. People over age 50 now make up approximately 20% of all identity theft victims.

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