February 10
For the seventh year in a row, identity theft is the top consumer complaint to the FTC
It accounted for 36 percent of the 674,354 complaints received between January 1 and December 31, 2006. Catalog sales and Sweepstakes/lotteries (both 7%) ran a distant second and third.
From the FTC page:
- Consumers reported fraud losses totaling more than $1.1 billion; the median monetary loss was $500.
- Credit card fraud (25 percent) was the most common form of reported identity theft, followed by phone or utilities fraud (16 percent), bank fraud (16 percent), and employment fraud (14 percent).
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