ID Theft Ranks #1 On FTC Complaint List
For the ninth year in a row, identity theft was the top consumer complaint reported to the FTC in 2008. Of more than 1.2 complaints received throughout the year, 313,982 or 26 percent were related to ID theft, the agency announced last week. Third-party and creditor debt collection as well as shop-at-home and catalog sales came in second and third place respectively while complaints about Internet services; television and electronic media; and computer equipment were also high on the list.
The FTC report breaks out complaint data on a state-by-state basis and contains data about the 50 metropolitan areas reporting the highest per capita incidence of fraud and other complaints. In addition, the document lists the 50 metropolitan areas reporting the highest incidence of ID theft. Credit card fraud was the most common form of reported ID theft at 20 percent, followed by government documents/benefits fraud at 15 percent, employment fraud at 15 percent and phone or utilities fraud at 13 percent.
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