Identity Theft Fact Sheet
In 2005, US Consumers reported over $680 million in fraud losses; the median monetary loss was $350. (Consumer Sentinel, FTC)
Colorado had, again, the 5th, highest number of entity theft victims in the US, per capita. (Identity Theft Clearinghouse, FTC)
During 2005, 4535 Colorado residents reported that they had been victims of identity theft (Identity Theft Clearinghouse, FTC)
The age group with the highest incidence of ID Theft in Colorado is from 19-29. (Identity Theft Clearinghouse, FTC)
The most common form of ID Theft is credit card fraud (24%).
Identity thefts can cost businesses up to $17,000 per incident. (Identity Theft Resource Center)
The largest number of identity theft victims in Colorado live in Denver, Colorado Springs, Aurora, Littleton and Pueblo. (Consumer Sentinel, FTC)
A 2005 identity theft survey reports that the average financial loss to someone who monitors financial accounts on line is $551, compared to a $4,542 loss suffered by those who monitor their accounts by paper statements. (Javelin Strategy and Research)
Identity theft can cost business up to $17.000 per incident. (Identity Theft Resource Center)
Identity theft victims spend an average of $1,400 out-of-pocket and 600 hours, over two to four years, to clear their names. (Colorado Public Interest Research Group)
The costs to financial institutions across the United States attributable to identity theft are expected to grow by 30% each year.(Digimarc Corp., 2003)
Compiled by Jeffco DA's Office on 2/10/2006
For Information on How You Can Protect Yourself Against Identity Theft and Fraud Visit Our CASE Partnership Webpage.
Last Modified: Mar 28, 2009 10:19 PM
