Watch out your wallets!

The irony of today's, obviously not working loan system, has left a 22 years old Chicago student in debt of $412,000. A very scary event, that I feel could have been prevented if the loss was reported, and the bank giving the loans was somehow aware of the social status of the "borrower" :)

In case you are interested in knowing more about identity theft, go through the following :

ID Theft : When Bad Things Happen to Your Good Name
Coping with Identity Theft : Reducing the Risk of Fraud
The Problem of Identity Theft

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identity theft,security,information security,fraud