Identity Theft again Tops Consumer Complaints

Posted by Sun on February 14, 2008
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The Federal Trade Commission yesterday released a list of consumer fraud complaints in 2007. Again, identity theft related fraud tops the list, making up 32% of the total complaints. According to FTC, credit card fraud is the most common form of fraud.

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The report shows that in 2007, frauds cost consumer nearly $1.3 billion, with median loss per person at $349.

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