{"id":359935,"date":"2010-02-24T11:46:21","date_gmt":"2010-02-24T16:46:21","guid":{"rendered":"tag:redtape.msnbc.com:\/\/c12aad547daabadd2cbb326abc4b84ea"},"modified":"2010-02-24T11:46:21","modified_gmt":"2010-02-24T16:46:21","slug":"ftc-id-theft-complaints-drop-credit-woes-grow","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/359935","title":{"rendered":"FTC: ID theft complaints drop, credit woes grow"},"content":{"rendered":"<p><P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><font size=3><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 13px\">For the first time since the Federal Trade Commission started counting 10 years ago, the number of Americans reporting identity theft dropped in 2009, the agency said Thursday.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>The drop was significant \u2013 about 10 percent \u2013 but doesn&#8217;t necessarily indicate the crime is disappearing.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>The 278,078 reports taken last year still represent more than any year prior to 2008.<span style=\"mso-spacerun: yes\">&nbsp; <\/span><\/span><\/font><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 13px\">Meanwhile, reports of other kinds of fraud to the agency skyrocketed by 24 percent, with consumers telling the FTC they had lost $1.7 billion in those frauds.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>The median lost per complaint was $399.<\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><\/span><\/P><\/p>\n<p><P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 13px\">Tops among this &#8220;other fraud&#8221; category were debt collection firms.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Nearly 10 percent of all complaints taken by the FTC involved debt collection, totaling nearly 120,000.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Debt collection complaints jumped by 11 percent from <\/span><A href=\"http:\/\/www.ftc.gov\/opa\/2009\/02\/2008cmpts.shtm\"><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 13px\">last year.<\/span><\/A><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 13px\">Other credit-related complaints also jumped, including complaints about credit cards, which more than tripled from last year.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Complaints labeled &#8220;banks and lenders&#8221; were up by nearly 50 percent<\/span>.<\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><A style=\"FLOAT: left\" href=\"http:\/\/www.facebook.com\/group.php?gid=311230934909\"><img decoding=\"async\"  style=\"MARGIN: 7px\" class=\"asset asset-image at-xid-6a00d83451b0aa69e201310f34de44970c \" title=FightPledge alt=FightPledge src=\"http:\/\/onthescene.msnbc.com\/.a\/6a00d83451b0aa69e201310f34de44970c-120pi\"><\/A> <span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 13px\">The results can be found in the FTCs annual report of top complaints to its Consumer Sentinel database, which was released Wednesday morning. John Krebs, director of the Sentinel database, said the jump in complaints about financial companies should come as no surprise.<\/span><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 13px\">&#8220;These do seem to be in line with what we&#8217;ve seen given the state of the economy,&#8221; he said.<\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Krebs cautioned against viewing the drop in ID theft reports as a trend, because the complaints represent only self-reported information from consumers.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Still, multi-year drops in reports of a particular type of ID theft involving credit card fraud provide a reason for optimism, he said.<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>&#8220;Hopefully some of that represents increased awareness by consumers and increased vigilance by industry,&#8221; he said.<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Once again, most consumers reported their first contact with fraudsters generally arrived via the Internet \u2013 48 percent said e-mail, while another 12 percent said a Web site. Only 10 percent of complainers said their incident began with a phone call, perhaps an indication of the success of the Do Not Call list, Krebs said.<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Other notable observations from the FTC data: Nevada is the state with the highest per capita rate of reported \u201cother\u201d fraud, followed by Colorado and New Hampshire.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Florida is the state with the highest per capita rate of reported identity theft complaints, followed by Arizona and Texas.<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Credit card fraud (17 percent) was the most common form of reported identity theft, followed by government documents\/benefits fraud (16 percent), phone or utilities fraud (15 percent), and employment fraud (13 percent). Other significant categories of identity theft reported by victims were bank fraud (10 percent) and loan fraud (4 percent).<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Krebs said it&#8217;s hard to draw definitive conclusions from the raw data that the agency releases every year, other than to serve as warning to consumers that fraud is alive and well.<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>&#8220;Clearly whether the number goes up or down, ID theft and fraud are still major issues,&#8221; he said. &#8220;The key message is it&#8217;s still out there, and with each new situation that arises in the economy fraudsters try to take advantage of it.&#8221;<\/font><\/span><\/P><br \/>\n<P style=\"MARGIN: 0in 0in 10pt\" class=MsoNormal><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>Krebs urged consumers to maintain a healthy skepticism and to take advantage of educational materials available on the <\/font><\/span><A href=\"http:\/\/www.ftc.gov\/opa\/2010\/02\/2009fraud.shtm\"><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>FTC&#8217;s Web site<\/font><\/span><\/A><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Arial; FONT-SIZE: 13px\"><font face=Verdana>, including a new video with tips on avoiding fraud and filing complaints.<\/font><\/span><\/span><\/P><br \/>\n<P><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><br \/>\n<P><span style=\"COLOR: black; mso-themecolor: text1\"><font size=3><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 13px\"><span style=\"MARGIN: 0in 0in 10pt; FONT-FAMILY: Verdana; FONT-SIZE: 14px\"><span style=\"LINE-HEIGHT: 115%; FONT-SIZE: 12pt\"><span style=\"COLOR: black; mso-themecolor: text1\"><font size=3><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 12px\"><span style=\"FONT-FAMILY: Verdana; COLOR: black; FONT-SIZE: 12px\"><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 13px\"><span style=\"COLOR: black; mso-themecolor: text1\"><span style=\"FONT-FAMILY: Verdana\"><span style=\"FONT-FAMILY: Verdana\"><span style=\"FONT-FAMILY: arial, helvetica, clean, sans-serif\"><strong><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 14px\"><font face=Verdana>Become a&nbsp;<\/font><\/span><\/strong><A style=\"COLOR: blue; CURSOR: pointer; TEXT-DECORATION: underline\" href=\"http:\/\/www.facebook.com\/pages\/Bob-Sullivan\/78714223105?_fb_noscript=1\" ><strong><span style=\"FONT-FAMILY: Arial; FONT-SIZE: 14px\"><font face=Verdana>Red Tape Chronicles Facebook fan<\/font><\/span><\/strong><\/A><font face=Verdana>&nbsp;<span style=\"FONT-FAMILY: Arial; FONT-SIZE: 14px\"><strong>or follow me at <\/strong><A href=\"http:\/\/twitter.com\/RedTapeChron\"><strong>http:\/\/twitter.com\/RedTapeChron<\/strong><\/A><\/span><\/font><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/font><\/span><span style=\"FONT-FAMILY: Verdana; FONT-SIZE: 9px\"><\/span><\/span><\/span><\/span><\/font><\/span><\/P><\/span><br \/>\n<P><\/P><br \/>\n<P><\/P><br \/>\n<P><br \/>\n<TABLE border=0 width=458 CELLPADDING=5><br \/>\n<TBODY><br \/>\n<TR><br \/>\n<TD COLSPAN=4><CENTER><HR><P><CENTER><STRONG>THE FTC&#8217;S 2009 LIST OF TOP COMPLAINTS<\/STRONG><\/TD><\/TR><br \/>\n<TR><br \/>\n<TD width=37><STRONG>Rank<\/STRONG><\/TD><br \/>\n<TD width=290><STRONG>Category <\/STRONG><\/TD><br \/>\n<TD width=75><STRONG>No. of Complaints <\/STRONG><\/TD><br \/>\n<TD width=78><STRONG>Percentages<\/STRONG><\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>1<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Identity Theft<\/TD><br \/>\n<TD>278,078 <\/TD><br \/>\n<TD>21%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>2<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Third Party and Creditor Debt Collection <\/TD><br \/>\n<TD>119,549<\/TD><br \/>\n<TD>9%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>3<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Internet Services<\/TD><br \/>\n<TD>83,067<\/TD><br \/>\n<TD>6%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>4<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Shop-at-Home and Catalog Sales<\/TD><br \/>\n<TD>74,581 <\/TD><br \/>\n<TD>6%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>5<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Foreign Money Offers and Counterfeit Check Scams <\/TD><br \/>\n<TD>61,736 <\/TD><br \/>\n<TD>5%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>6<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Internet Auction <\/TD><br \/>\n<TD>57,821 <\/TD><br \/>\n<TD>4%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>7<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Credit Cards <\/TD><br \/>\n<TD>45,203<\/TD><br \/>\n<TD>3%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>8<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Prizes, Sweepstakes and Lotteries <\/TD><br \/>\n<TD>41,763<\/TD><br \/>\n<TD>3%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>9<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Advance-Fee Loans and Credit Protection\/Repair <\/TD><br \/>\n<TD>41,448 <\/TD><br \/>\n<TD>3%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>10<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Banks and Lenders <\/TD><br \/>\n<TD>32,443<\/TD><br \/>\n<TD>2%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>11<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Credit Bureaus, Information Furnishers and Report Users <\/TD><br \/>\n<TD>31,629<\/TD><br \/>\n<TD>2%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>12<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Television and Electronic Media <\/TD><br \/>\n<TD>26,568<\/TD><br \/>\n<TD>2%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>13<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Health Care <\/TD><br \/>\n<TD>25,414 <\/TD><br \/>\n<TD>2%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>14<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Business Opportunities, Employment Agencies and Work-at-Home Plans<\/TD><br \/>\n<TD>22,896<\/TD><br \/>\n<TD>2%<\/TD><\/TR><br \/>\n<TR><br \/>\n<TD><br \/>\n<DIV align=right><STRONG>15<\/STRONG><\/DIV><\/TD><br \/>\n<TD>Computer Equipment and Software <\/TD><br \/>\n<TD>22,621<\/TD><br \/>\n<TD>2%<\/TD><\/TR><\/TBODY><\/TABLE><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first time since the Federal Trade Commission started counting 10 years ago, the number of Americans reporting identity theft dropped in 2009, the agency said Thursday.&nbsp; The drop was significant \u2013 about 10 percent \u2013 but doesn&#8217;t necessarily indicate the crime is disappearing.&nbsp; The 278,078 reports taken last year still represent more than [&hellip;]<\/p>\n","protected":false},"author":5524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-359935","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/359935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5524"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=359935"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/359935\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=359935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=359935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=359935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}