As a result of information forwarded by a Chicago-area credit union, the Illinois Secretary of State Police is investigating a theft ring that may involve as many as 280 vehicles that have been obtained through the use of fraudulent Credit Profile Numbers (CPNs).
These CPNs are nine digit numbers that criminals are buying online through classified ads on Craigslist. The more money individuals pay, the more information they receive, which may come with paystubs and W2s. Typically, in this scam, items a credit union may see when someone is using a CPN are a credit score of over 700, with limited trade lines to support it. Typically only two or three, they usually consist of authorized user or terminated accounts, and the credit history pre-dates their credit “In File” date. In other words, you see an “In File” date of 8/20/2015 but the trade lines have history going back to 2009.
Those using these CPNs most often have a recently issued ID, and their social security or CPN number does not correlate to their date of birth. For instance, you may see someone who was born in 1980, but the social was issued in 2009.
Any credit unions that may be experiencing this activity should report it immediately to their local authorities.
As a way of background, please see the following video from ABC news for a news story about this issue: http://abcnews.go.com/Business/synthetic-identity-fraud-kind-costly-id-theft-youve/story?id=32596029