Today, he is a fraud investigator for BDO, a large accounting firm in New York City. He met Abdallah in 1986 when the two made an anti-fraud video. Then a teen, Abdallah described on the tape how easy it was to commit fraud. Records show that since then Abdallah has been arrested at least 16 more times - mostly for identity theft. Biegelman isn't surprised.
Identity theft is a non-violent crime with a high profit margin that can become addictive.
And, he says, you don't have to be a rocket scientist to do it. All you need is access to the Internet. MMI Viacom Internet Services Inc. All Rights Reserved. Identity theft is on the rise. Lesley Stahl reports.