Parents are stealing their children's identities to access debt-and destroying their kids' credit scores in the process
Briefly

Axton Betz-Hamilton discovered her identity had been stolen when establishing utilities in college. This crime, perpetuated by her mother, devastated her credit and financial future.
Initially unaware, Axton received a shocking 10-page credit report revealing multiple fraudulent entries including credit cards created years before she was even a teenager.
A landmark study found that 10% of children have had their Social Security numbers used fraudulently, making them 51 times more likely to experience identity theft than adults.
The nature of identity theft among children is often perpetrated by family members, showcasing a disturbing dynamic where victims are exploited by those they trust.
Read at Fortune
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