Facts about Identity Theft

1.       In 2008 the FTC received 1,223,370 complaints that involved identity theft which is a 15% increase from 2007.  That number is expected to increase by 15-25% in 2009.

2.       From the years 2005 to 2008 identity theft has grown by over 25% with an average increase of 79,000 victims per year.

3.       65% of all Identity Theft Victims don’t report identity theft to police.

4.       52% of all Identity Theft is through email and 11% is from fake websites.   The internet is responsible for 63% of all fraud and identity theft victims.

5.       The largest group of identity theft victims are between the ages of 40-49.

6.       Average cost per victim of identity theft $500 and that number doesn’t take into account time lost contacting credit cards companies, banks, and police. 

7.       Credit Card fraud accounted for 20% of all theft.

States with the Highest Number of Identity Theft Victims

State                     Complaints per 100,000

                                Population

California               51,140

Texas                    31,708

Florida                  24,440

New York            22,647