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Schumer: Do more to address Social Security theft Sen. Charles Schumer, D-N.Y., wants legislation that would protect consumers from Social Security identity theft, according to a story from the Associated Press. People who have stolen an individual's Social Security account would face tighter penalties under the bill. The legislation would seek a new office to provide assistance to victims and an automated system designed to inform workers on changes in the way their Social Security benefits are deposited into their accounts.  --Yahoo Finance

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