Reported about 1 year ago
As fraudsters became more sophisticated during the pandemic, traditional in-person identity theft is making a comeback with criminals using stolen checks, fake IDs, and falsified signatures to drain bank accounts and commit fraud. The surge in old-school identity theft has frustrated banks and the government, with criminals exploiting weaknesses in security measures and sharing intel to perpetrate crimes, such as using Telegram to sell stolen documents and purchase bogus forms of identification like fake passports and driver's licenses.
Source: YAHOO