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Majority of identity frauds start with new accounts
Two women in Bremerton, Washington, pleaded guilty to a federal scheme involving bank fraud and identity theft. They opened credit accounts using stolen mail and personal information, redirecting statements to themselves and stealing nearly $229,000. The article highlights how stolen mail can lead to identity theft and emphasizes the importance of monitoring credit reports, freezing credit, and acting quickly to limit damage if someone's identity is compromised.
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