ID theft is the most common consumer fraud
FINANCIAL CRIME
The extent of the problem is laid bare in Consumer Fraud and Identity Theft Complaint Data: January-December 2006. Some 36% of all complaints were in relation to identity theft and subsequent fraudulent behaviour using that person's identity. Catalogue sales fraud came next on the survey with 7%.
Under the banner of identity theft, 25% of complaints related to credit card fraud, with phone fraud and bank fraud each registering 16%. But despite these statistics, the figures showed a slight
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