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The Connected Press just reported on November 28th 2007 the final results of a survey carried out by the Federal Trade Commission, the results the FTC came up with stated that the occurrence of ID theft was down 16 percent, from an anticipated 9.9 million victims to eight.3 for folks more than the age of 18, of course a couple of consumer advocacy groups disputed their findings stating that it was challenging to get a precise take care of on the quantity of victims due to a quantity of variables one of them is that individuals don't usually know what specifically is in their credit report.
1 of the factors provided for the FTC survey understating the actual numbers, was that the conclusion is not statistically significant considering that it was a phone survey where a modest sample was used, one more cause was that a separate survey was done by the Gartner Group utilizing the exact same research firm McLean VA. based Synovate. The difference was in the truth that Gartner's survey utilised a internet based data collection method that does not account for non web customers so it really is results really should be statistically be reduced.
The Gartner survey showed that the number of victims of Identity Theft actually rose from 10 million to 15 million men and women in 2006.
Moreover the individuals most probably to be contacted 1st, Banks, and Mortgage companies are not required to report these losses nor are they likely to call interest to their personal fraud difficulties, and most victims will not bother contacting the Government since they will not get the victims money back or correct credit problems.
The bottom line is that Identity Fraud price customers at least 1.2 Billion dollars straight, and businesses 55.7 Billion in annual losses, the price to organizations gets past on to buyers in the type of larger rates and charges. The end outcome is the very same, ID theft charges you regardless if you are an Identity Theft Victim, or a person borrowing income. wholesale victims impact panel online
