Some Parents Are Now Stealing Their Children's Credit (VIDEO)

09/13/2010 05:12 am ET | Updated Feb 13, 2014

As if the young didn't have enough privacy issues to worry about.

Good Morning America reports an alarming new trend of desperate parents stealing their own children's identities for financial gain.

Take Larry Brazeil Jr., now 27, whose father "stole" his social security card and ran up a $100,000 debt under his son's name. Larry had no idea until a debt collector called him one day when he was only 19 years old.

"To this day I'm still working on my credit," he tells ABC's Mellody Hobson.

"Parents are privy to children's information," Linda Foley of the Identity Theft Resource Center told GMA. "And if they're desperate enough, or if they're that type of person, they seem to have no reluctance using their children's social security number."

WATCH the video here: