Promoting and compelling ID theft

For several years beginning around 2010, a lone teenager in Vietnam named Hieu Minh Ngo ran one of the Internet’s most profitable and popular services for selling “fullz,” stolen identity records that included a consumer’s name, date of birth, Social Security number and email and physical address.

https://krebsonsecurity.com/2020/08/confessions-of-an-id-theft-kingpin-part-i/

It’s not entirely clear what is going on here, and the researchers, investigators, and prosecutors are not coming clean with it in court. People go to work with a bunch of W-2s, 1099s and other extraneous tax forms, they have bank accounts, sign up for credit cards, government-mandated health insurance, and all sorts of other junk, get birthday cards in the mail from friends and family, and so on and so forth.

All of this information is a matter of public record. It is not, and cannot be worth as much money as this Vietnamese teenaged “hacker” — working on his own, not part of any serious organized crime network or cártel — is claimed to be making on it.

We’re getting fleeced, bilked, the wool pulled over our eyes, we know that. But it cannot be because we have names, addresses, Social Security numbers and dates of birth, or even bank account numbers. No. Something else is going on, there’s a teenage boy to take the fall for it, and he probably never had access to any of the money anyways, because he’s so beholden to the cártel bosses for his role in it.

The identity thieves have got so much inside help throughout the U.S. govenment and federal law enforcement and intelligence “community” that they’re just lying through their teeth in court to pay the piper and make their books on a 90%+ conviction rate to avoid getting in trouble with the bar as prosecuting attorneys.

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