FTC Identity Theft

Identity theft is getting out of hand and has topped the list of fraud-related crime complaints received by the FTC. As far as consumer fraud is concerned, FTC identity theft is highest when it comes to Internet auctions. Identity theft has increased by 17 percent in 2004 from 2003. This is a worrying figure and it continues to grow like this.

FTC identity theft crimes accounted for as much as 39 percent and it was only 16% the year before. Credit card frauds, bank frauds and employment fraud, all relates to The FTC identity theft crimes. Internet fraud accounts a 53 percent of all fraud complaints.

With the ever improving technology and internet, it is believed that internet fraud is the most common form of FTC identity theft. In the year 2004, the value of such fraud amounted to more than US$265 million. It is going to be a big headache if such figures continue to grow. Things must be put into control before it causes the downfall of internet purchasing.

The internet is the most commonly used medium to commit identity theft and accounted for the greatest number of contact as well as solicitations for personal information according to FTC identity theft figures. Most of the FTC identity theft cases can be filed at the FTC site. Filing a complaint with the FTC will enable complainants to reach many law enforcement partners who could help restore the good name of the victim. These FTC identity theft statistics have been obtained from complaints that were made to consumer protection.

The FTC identity theft resource center is a name that everyone should always remember as they helps consumers by showing them how they can minimize the risks involved or helps to recover from an instance of identity theft. The FTC identity theft resource center provides excellent guides as well as reports that are available to the public and are free of cost.

Accounts that have been tampered with or opened in a fraudulent manner should also be closed. You should go to FTC at once and file a complaint. Then take a copy of that complaint to the police. It’s good to file a complaint with the local police station too. FTC helps people to fight back against identity theft cases. Not forgetting the FTC identity theft resource center is always to provide you with solid information.

February 12 2007 02:14 pm Del.icio.us Digg Furl