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pmgoldenretrievers t1_jadcou2 wrote

Reply to comment by pharos147 in Should I disconnect my parents from my Bank Account by Economy_Example_4289

I doubt someone is going to steal their identity and actually walk into a bank to withdraw money from an account they don't know about.

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bluecar92 t1_jadh9td wrote

You're putting in a fair bit of effort to justify an unnecessary security risk to your bank account.

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pharos147 t1_jadi96j wrote

It’s happened to me before and was a lesson learned. My dad opened my account back in high school and shared access. His identity was stolen a decade later and identity thieves were able to get some money out of my account. It wasn’t cash withdrawn at a bank, everything was done online.

Don’t underestimate identity thieves, they take money from anyone, rich or poor.

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