Fergie's Tech Blog

ID Theft Again Tops List of FTC Complaints

Bob Sullivan writes on MSNBC:

For the sixth year in a row, identity theft tops the annual list of consumer complaints collected by Federal Trade Commission. The list is strikingly similar to last year, with online auction fraud, sweepstakes, and advance-fee loans also in the top 10. But the number of consumers victimized via wire transfer has skyrocketed, tripling in the past two years, the FTC said. And child ID theft cases have nearly doubled in that span.

In all, some 685,000 consumer complaints were filed with the agency last year, with victims reporting losses of $680 million.

posted by Fergie @ 1/25/2006 10:03:00 AM