Teenager Owes $600,000 in Mortgage Loans After ID Theft

Ann Brenoff



Seventeen-year-old Scottsdale, Ariz., resident Caitlin "Caitie" Hemmerle is up to her eyeballs in debt, including owing $600,000 in mortgage loans and another $100,000 in car loans and credit cards.

How did this happen? Easy. Caitie is a victim of child identity theft, a practice that is growing for one simple reason: Nobody bothers to monitor their kids' credit and ID.