“Frankenstein” isn’t just referring to Mary Shelley’s monster in today’s day and age. It can actually be a word referring to a dangerous type of scam that has become more popular in recent years. Scammers are piecing together real and fake information to create a kind of “Frankenstein identity.” This could combine your real Social Security number with a fake name, address, and/or birthdate. In the end, it creates a person who doesn’t technically exist, but it can still have a profound impact on your credit and your life. Here is what you need to know about how scammers are using this type of fraud and how you can best protect yourself.
