By Elaine Walker, Certified Fraud Examiner We're constantly bombarded with advertisements for products to keep us safe from identity theft. Let's separate the facts from scare tactics. According to the Institute for Fraud Prevention, 60% of identity theft is perpetrated by someone the victim knows: a family member, friend, or someone who has access to the victim's home. LoveFraud readers know that the sociopath in their lives would have no problem starting a new financial life using a child's identity. But just how much should you pay for protecting your child's identity (and your own)? According to a Consumer Reports article published in February, 2012 (and revisited in January, …
