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MarketWatch reveals new ID fraud

by Emily Peters on 10/24/2005

MarketWatch reveals a new kind of ID fraud tactic today (free login required). In this scam, thieves pose as college students to gather federal student aid funds and grants under false pretenses. One thief stole over $300,000 dollars in student aid using 43 different identities.  It’s a must read article on what appears to be a growing crime.

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