With the explosion of synthetic identity fraud across the United States, the need for an automated social security number verification program has been sorely needed. In response, and under legal requirement, the Social Security Administration is launching a new pilot program to accomplish this, with a reported June 2020 go live date.
More Stories
$3.3 Million for Credit Union CEO Luxury and Only $1.7 Million for 33 Employees
The Pastor, the Credit Repairmen and $460,000 in Fraudulent Auto Loans
One Employer, Hundreds of Auto Loans: The Fed Warns About Concentrated Credit Risk
They Called a Collector; They Got a Credit Repair Company Instead
The Father, the Son and a $2.26 Million Synthetic Identity Scheme
When the Borrower Is the Fraudster