A Ripe Target For Identity Thieves: Prisoners on Death Row

Identity thieves have found an insidious target: death row inmates. A SentiLink report published this week reveals scammers are stealing identities of Texas prisoners awaiting execution to orchestrate 'bust-out' fraud schemes -- patiently building credit before disappearing with up to $100,000.

Nearly 10% of Texas' 172 death row inmates have fallen victim. The operation, active since March 2023, exploits inmates' isolation from financial communications. 'They wouldn't receive text or email alerts from a financial institution,' said Robin Maher of the Death Penalty Information Center.

Beyond opening credit accounts, NBC reports, fraudsters have registered fake businesses using inmates' identities, including a landscaping company created under Ronald Haskell's name -- a man imprisoned since 2014 for killing six people. TransUnion estimates bust-out scams now cost banks $1 billion annually.

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