Summary
False identities are created by fraudsters to commit criminal activities such as applying for credit under false information, submitting for loans or opening bank accounts.
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Synthetic identity fraud is a form of identity theft where a single piece of legitimate personal data, such as a Social Security number, is used to create a false identity with a bogus address, phone number and other basic information.
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Sock puppet accounts are also used to deceive, where a false identity is assumed by a member of an internet community.
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Synthetic fraud is a complex form of identity theft where a stolen Social Security Number and fake information are used to create a false identity.
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According to
Summary
Unlike traditional identity fraud, where someone steals and misuses a person’s actual identity, perpetrators of SIF start with a single piece of legitimate personal data – usually a Social Security number – and build a fake identity around it using a bogus address, phone number, and other basic information.
Synthetic identity – a new path for government fraud?
thomsonreuters.com
Summary
False identity fraud occurs when a person creates a fake identity to commit criminal activities. Fraudsters commit identity fraud to apply for credit under false information, submit for loans or open bank accounts.
False Identity Fraud - Definition - Fraud.net
fraud.net
Its rise is mainly down to the availability of data that can now be used to create synthetic identities: our online footprints are growing ever larger and cybersecurity is becoming…
Fake identities: a very real problem
hdi.global
Summary
Synthetic fraud is a complex form of identity theft in which the thing being imitated is a person. A fraudster combines a stolen Social Security Number (SSN) and fake information, such as a false name, incorrect address, made-up date of birth or new phone number to create a false identity.
What Is Synthetic Fraud? – Forbes Advisor
forbes.com
