Former Scam Artist Helps Combat Identity Theft
More than 50,000 fraudulent student loan applications are filed each year, according to estimates by consumer advocates. Now the U.S. Department of Education is trying to combat such scams by getting help from the perpetrators themselves.
As part of a plea deal, prosecutors forced former identity thief John Christensen to reveal his scamming secrets, in an effort to help stop an exploding problem.
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