Synthetic identities are used to obtain financial services, medical benefits, insurance and rental housing. Organized crime and terrorist groups are realizing the benefits that the anonymity of synthetic identities can bring to their operations. Because children do not have public database records, social security numbers are ideal for creating synthetic identities.Download this white paper to explore:What is synthetic identity fraud?? How does it work? Are you a prime target? How do you know you’re a target for synthetic identities? How are you a target?”]
Source: https://www.bankinfosecurity.com/whitepapers/synthetic-identity-fraud-i-borrow-your-ssn-w-2164