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ID Theft Fast Facts
- It takes an average of 607 hours for ID theft victims to resolve their case.
- ID theft results in an average of $1,495 in out-of-pocket expenses.
- In 2007, the FTC received 260,000 identity theft complaints; the number one consumer complaint category.
- Consumers reported losses from fraud of more than $1.2 billion in 2007 (median loss per person of $349,) up from $547 million in 2004.
- Teens and adults younger than the age of 29 are the No. 1 target of identity thieves and make up almost one-third of the 10 million victims annually.
Source:
Federal Trade Commission
ID Theft Data Clearinghouse |