Third party fraud is where an individual, or group of people, use another person’s identity or personal details to open or takeover an account without the consent, or knowledge, of the person whose identity is being used. Third party fraud is a growing trend. One form is manufactured identities (Synthetic Identity Fraud) where an individual creates a new identity from stolen and false information. Up to 50% of third party fraud is seen as part of a fraud ring with activities linked to multiple identifies. Third party fraudsters acquire personal identifiable information and then use the data to take over an identity which is used to establish credit or buying products.