Federal Trade Commission
“We got your son, we got your son and we’re going to kill him,” a caller screamed to Elizabeth Manger while she was at work. This scam has been ringing South Florida phones for more than a year. INSIDE: How to identify the scammer.
The last thing on most parents’ mind this time of year is worrying about having identity thieves steal their children’s personal data to take out credit cards, loans, and even renting homes in their kids’ names. But it’s something that is a growing problem that parents should pay attention to it.
This years’ holiday shopping season is expected to be a record-breaker, with online spending approaching $25 billion dollars so far. With all that spending, consumers may be tempted to borrowing money, or help a friend borrow money by cosigning a loan for them.