Identity Theft Tops FTC Complaints
According to a study that was just released by the Federal Trade Commission (FTC), identity theft is the most-complained-about consumer fraud. Of 686,683 complaints that they receieved, 37% (255,565) were about identity theft. Number two on the list was online auction fraud, weighing in at 12%. Third? Foreign money offers (ahhh, the famous Nigerian bank scam). All in all, 46% of all complaints were somehow related to the internet. The top three major metro areas in terms of the per capita rate of consumer fraud were Washington, D.C., Tampa/St. Petersburg/Clearwater, and Seattle.
[Via: The Checkout]
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Filed under: Identity Theft
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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January 31st, 2006 at 12:57 pm
I know — and still no decent laws to protect against ID theft/punish the criminals.