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Basically you're lending your name and identity as a front for someone with malicious intentions. There are a few different angles to this. Other people have already mentioned the North Korean state-sponsored espionage, but honestly I think this is a small minority of this market. The other two big ones are visa fraud and employment fraud. With the first one, you have a developer, possibly even skilled in a low-wage overseas company (say Thailand) that wants to make American wages. If he applies as who he actually is, he makes Thai wages, which can be as low as $10K/year. If he uses your identity to apply, he makes American wages, say $200K+/year. He can split that with you and make 10x what he would otherwise, while you get $100K/year for doing nothing (assuming he's honest enough to pay out, which is not a guarantee. There's no honor in thieves). With the second, they use his interview skills and your identity to get the job, and then do nothing except get other jobs. It's remarkably hard to fire a U.S. employee without risks of lawsuits. If the employer does seem to catch on, he has a lawyer and a psychiatrist on the payroll too. The psychiatrist produces a doctor's note that you are disabled, the lawyer threatens to sue if you are fired. "You" go on disability, where you can stay for up to a year and they can't fire you. Collect the salary, move on after the year. In the meantime, "you" (or the organization using your identity) has done the same thing to hundreds of other corporations. I personally know 2 managers that have been victimized by this scam. In all 3 cases, you're not the direct victim of the scam. They're using your identity as a shield to legitimize the scam. When it's discovered, it's you who suffer the reputational risk and/or criminal charges. |
That’s… not really true.