large increases in checking account transfer fraud

ID Theft Doubles in Two Months

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Approximately 15 million Americans fell victim to some sort of identity theft-related fraud in the 12 months ending in July 2006, according to a survey by Gartner. These statistics represent a more than 50 percent increase since 2003, when the Federal Trade Commission (FTC) reported 9.9 million American adult identity theft victims.
According to the Gartner survey of 5,000 online U.S. adults in August 2006, the average loss was $3,257 in 2006, up from $1,408 in 2005. At the same time, the percentage of funds consumers managed to recover dropped from 87 percent in 2005 to 61 percent in 2006.

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IDENTITY THEFT ARTICLES

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Last Modified: 01 September, 2007  Copyright © 2006 by Excite Net