By Jasmine Browley ·Updated March 28, 2024
Recent data shows child identity fraud costs U.S. families about $1 billion annually and affects one out of every 50 children. A large group of the victims are children. The likely perpetrators? Their parents.
Credit specialist Markia Brown says despite the lack of empirical data, she believes parental identity theft takes place more often in Black communities than research reflects.
“For most Black parents, the
