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Consumer
Alerts and Financial Information...
Reading That Makes Sense

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An
Update on Identity Theft in California
The
theft of your identity is a growing problem; it's one of
the
fastest growing consumer crimes. In 2006, there were 255,565
reported identity thefts in the United States. According
to
the FTC, that's a 33 percent rise from from 2002 figures.
Nor
should the 'take' be considered chump change: the average
value of an identity theft averages a whopping $92,893!
And it doesn't stop there, according to the Identity Theft
Resource Center; figure on spending 3 to 6 months to resolve
problems arising from such a theft. Victims can average 607
hours and $1,495 in straightening out their financial problems.
Identity
Theft Types Reported by California Victims 2005 / 07
| Rank |
Identity
Theft Type |
% |
Rank |
Identity
Theft Type |
% |
| 1 |
Credit
Card Fraud |
25% |
1 |
Credit
Card Fraud |
23% |
| 2 |
Phone
or Utilities
Fraud |
18% |
2 |
Employment-Related
Fraud |
18% |
| 3 |
Bank
Fraud |
19% |
3 |
Phone
or Utilities
Fraud |
18% |
| 4 |
Employment-Related
Fraud |
15% |
4 |
Bank
Fraud |
14% |
| 5 |
Government
Documents
or Benefits
Fraud
|
8% |
5 |
Government
Documents
or Benefits Fraud
|
8% |
| 6 |
Loan
Fraud |
5% |
6 |
Loan
Fraud |
5% |
| - |
Other |
25% |
- |
Other |
25% |
| - |
Attempted
Identity Theft |
5% |
- |
Attempted
Identity Theft |
5% |
Percentages add to more than 100 because approximately 20%
of victims from California reported experiencing more than
one type of identity theft.
Top
California Identity Theft Victim Locations 2007
|
City
|
No. of Victims |
| Los Angeles |
3,438 |
| San Diego |
1,306 |
| San Francisco |
1,122 |
| Sacramento |
893 |
| San Jose |
736 |
If you have had, or suspect, your identy has been stolen,
the California Office of Information Security &
Privacy Protection has a number of helpful checklists and information
sheets. You can find them at
http://www.oispp.ca.gov/consumer_privacy/identitytheft.asp
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ATDFCU
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it's
members.
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The
National Credit Union Administration
is an independent federal agency that supervises and insures
6,566 federal credit unions and insures 4,062 state-chartered
credit unions. Headquartered in Virginia, NCUA has six regional
offices in New York, Virginia, Georgia, Illinois, Texas and
California. |
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