The Checkout

No Surprise Here: Identity Theft Tops FTC Complaints

Once again, identity theft tops the list as the most complained about consumer fraud, according to a just released study by the Federal Trade Commission. Of the 686,683 complaints received by the agency in 2005, 37 percent, or 255,565 were about identity theft. Last year, the agency received 246,847 identity-theft complaints, or about 38 percent of the total 653,040 complaints.
Second on the list: Internet auctions, accounting for 12 percent of the complaints, followed by foreign money offers (8 percent).

Internet-related complaints account for 46 percent of all fraud complaints. Particularly troubling: Internet fraud complaints with "wire transfer" as the reported payment method tripled between 2003 and 2005.

The major metropolitan areas with the highest per capita rates of consumer fraud were Washington D.C., Tampa/St. Petersburg/Clearwater and Seattle.

You can download the report for more information.

By  |  January 25, 2006; 12:42 PM ET Consumer News
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Comments

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It blows my mind that ID Theft is such a major problem in this country (not to mention the world) and yet there are still so many people out there have not yet taken advantage of the protection and restoration services offered by reputable companies.

The best I have found so far is outlined at http://www.prepaidlegal.com/idt/jwcollier

Why is it the best? Because it not only monitors your credit, but it also offers COMPLETE RESTORATION SERVICES, not just advice. All of this is available for a price that ANYBODY can afford.

The company that offers these services is the SAME company that the government hired to track down the finances of Saddam Hussein when they could not find them on their own. How can you beat that??

Of course, this is simply my opinion. You will have to review what is offered and decide for yourself...

Posted by: ID_Protector | January 26, 2006 3:12 PM

Yes, it is very true that an ounce of prevention is worth more than a pound of cure that's why the company I work for along with one of the largest credit union in the world uses the services for their member's id protection at www.idtshield.us

The company that administers this plan is the #1 risk managment company in the world, they are publicly traded on the NASDAQ for over three decades and they are responsible for saving thousands of lives during 9/11 due to the evacuation plan created by them in 1993.

This same company also is responsible for now overseeing the restructing of Enron.

The Dept. of Justice along with the FBI use them to do their forensic accounting. WOW! What credibility.

Again, that priceless piece of mind identity protection can be had at www.idtshield.us

Posted by: Inflowmation | January 26, 2006 3:44 PM

Thank you, Thank you, Thank you to the website www.rescueyourid.com

This company saved us over 600+ hours and the quoted upfront charge for out of pocket expenses of over $1800, and that's before retaining any type of legal help.

You don't have to be a victim like I was, just protect yourself and family with www.rescueyourid.com

Posted by: Recent Victim | January 26, 2006 3:58 PM

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