Staying dry through the storm: Consumers' top problems with fraud

STAYING DRY THROUGH THE STORM: CONSUMERS' TOP PROBLEMS WITH FRAUD EVERY YEAR, MORE THAN A MILLION CONSUMER COMPLAINTS ARE RECORDED ONLINE AND PRESENTED BY THE FEDERAL TRADE COMMISSION (FTC). AN ESTIMATED THREE-QUARTERS OF THESE COMPLAINTS TO THE FTC ARE FRAUD (21%) OR IDENTITY THEFT (54%) RELATED. THE FOLLOWING ARE THE MOST COMMON PROBLEMS CONSUMERS FACE. KEY FRAUD CATEGORY PERCENT OF TOTAL FRAUD SUBTYPE CREDIT CARD FRAUD GOVT. BENEFITS FRAUD 17% 16% NEW ACCOUNTS 10% TAX FRAUD 13% EXISTING ACCOUNTS 7% BENEFITS FRAUD 2% DOCUMENT FRAUD 1% JOB RELATED FRAUD 13% PHONE OR UTILITIES FRAUD BANK FRAUD 15% 10% UTILITIES 8% ELECTRONIC TRANSFERS 4% EXISTING ACCOUNTS 3% WIRELESS 4% NEW ACCOUNTS 3% TELEPHONE 2% UNAUTHORIZED CHARGES 1% LOAN FRAUD 4% ATTEMPTED IDENTITY FRAUD OTHER IDENTITY THEFT 6% 23% UNCERTAIN 9% MISC.** 10% EVADING THE LAW 1% BUSINESS / PERSONAL / STUDENT LOAN 2% CAR LOAN 1% REAL ESTATE LOAN 1% MEDICAL 1% INTERNET / EMAIL 1% APT. OR HOUSE RENTAL 1% $#@! Site JABBER MISC. - INSURANCE, MAGAZINES, CHILD SUPPORT, BANKRUPTCY, PROPERTY RENTAL, SECURITIES AND OTHER INVESTMENTS SOURCE: www.FTC.GOV NOTE: NUMBERS ARE ROUNDED ABOVE 100% BY THE FTC O FRAUD FRAUD FRAUD FRAUD F ITY THEFT IDENTITY THEFT IDE Y THEFT FRAUD FRAUD FRAUD FRA AUD FRA AUD FF FRAUD TY THEFT ENTITY THEFT IDENTIT D FRAUD FRAUD FR TY THE IDENTITY THE UD FRAUD AUD FRA EFT IDENTITY THE SUD FRAUD FRAUDERAUD FI FRAV O EFT IDENTITY TE E IDENTITY THEF AUD FRAUDORALUD FRAUD FRA FRAUD FRAUD F/ IDENTITY EFT IDENTITY TH THEFT IDENT AUD FR RAUD FRAUD FR FRAUD FRAUD EFT IDENTITY TH AUD FRAUDTR UD FRAUD FRAUD HEFT IDENTITY THEFT S DENTITY THE AUD FRAUD FA FRAUD FRAUD FRAUD TITY THEFT IDENTITY THE T IDENTITY THEFT D FRAUD FRAUD FRAUD RAUD FRAUD F TIDENTITY THEFT IDENTITY THEFT IDENTI UD FRAUD FRAUD FRAUD THEFT IDENTITY THEFI OFRAUD STAYING DRY THROUGH THE STORM: CONSUMERS' TOP PROBLEMS WITH FRAUD EVERY YEAR, MORE THAN A MILLION CONSUMER COMPLAINTS ARE RECORDED ONLINE AND PRESENTED BY THE FEDERAL TRADE COMMISSION (FTC). AN ESTIMATED THREE-QUARTERS OF THESE COMPLAINTS TO THE FTC ARE FRAUD (21%) OR IDENTITY THEFT (54%) RELATED. THE FOLLOWING ARE THE MOST COMMON PROBLEMS CONSUMERS FACE. KEY FRAUD CATEGORY PERCENT OF TOTAL FRAUD SUBTYPE CREDIT CARD FRAUD GOVT. BENEFITS FRAUD 17% 16% NEW ACCOUNTS 10% TAX FRAUD 13% EXISTING ACCOUNTS 7% BENEFITS FRAUD 2% DOCUMENT FRAUD 1% JOB RELATED FRAUD 13% PHONE OR UTILITIES FRAUD BANK FRAUD 15% 10% UTILITIES 8% ELECTRONIC TRANSFERS 4% EXISTING ACCOUNTS 3% WIRELESS 4% NEW ACCOUNTS 3% TELEPHONE 2% UNAUTHORIZED CHARGES 1% LOAN FRAUD 4% ATTEMPTED IDENTITY FRAUD OTHER IDENTITY THEFT 6% 23% UNCERTAIN 9% MISC.** 10% EVADING THE LAW 1% BUSINESS / PERSONAL / STUDENT LOAN 2% CAR LOAN 1% REAL ESTATE LOAN 1% MEDICAL 1% INTERNET / EMAIL 1% APT. OR HOUSE RENTAL 1% $#@! Site JABBER MISC. - INSURANCE, MAGAZINES, CHILD SUPPORT, BANKRUPTCY, PROPERTY RENTAL, SECURITIES AND OTHER INVESTMENTS SOURCE: www.FTC.GOV NOTE: NUMBERS ARE ROUNDED ABOVE 100% BY THE FTC O FRAUD FRAUD FRAUD FRAUD F ITY THEFT IDENTITY THEFT IDE Y THEFT FRAUD FRAUD FRAUD FRA AUD FRA AUD FF FRAUD TY THEFT ENTITY THEFT IDENTIT D FRAUD FRAUD FR TY THE IDENTITY THE UD FRAUD AUD FRA EFT IDENTITY THE SUD FRAUD FRAUDERAUD FI FRAV O EFT IDENTITY TE E IDENTITY THEF AUD FRAUDORALUD FRAUD FRA FRAUD FRAUD F/ IDENTITY EFT IDENTITY TH THEFT IDENT AUD FR RAUD FRAUD FR FRAUD FRAUD EFT IDENTITY TH AUD FRAUDTR UD FRAUD FRAUD HEFT IDENTITY THEFT S DENTITY THE AUD FRAUD FA FRAUD FRAUD FRAUD TITY THEFT IDENTITY THE T IDENTITY THEFT D FRAUD FRAUD FRAUD RAUD FRAUD F TIDENTITY THEFT IDENTITY THEFT IDENTI UD FRAUD FRAUD FRAUD THEFT IDENTITY THEFI OFRAUD STAYING DRY THROUGH THE STORM: CONSUMERS' TOP PROBLEMS WITH FRAUD EVERY YEAR, MORE THAN A MILLION CONSUMER COMPLAINTS ARE RECORDED ONLINE AND PRESENTED BY THE FEDERAL TRADE COMMISSION (FTC). AN ESTIMATED THREE-QUARTERS OF THESE COMPLAINTS TO THE FTC ARE FRAUD (21%) OR IDENTITY THEFT (54%) RELATED. THE FOLLOWING ARE THE MOST COMMON PROBLEMS CONSUMERS FACE. KEY FRAUD CATEGORY PERCENT OF TOTAL FRAUD SUBTYPE CREDIT CARD FRAUD GOVT. BENEFITS FRAUD 17% 16% NEW ACCOUNTS 10% TAX FRAUD 13% EXISTING ACCOUNTS 7% BENEFITS FRAUD 2% DOCUMENT FRAUD 1% JOB RELATED FRAUD 13% PHONE OR UTILITIES FRAUD BANK FRAUD 15% 10% UTILITIES 8% ELECTRONIC TRANSFERS 4% EXISTING ACCOUNTS 3% WIRELESS 4% NEW ACCOUNTS 3% TELEPHONE 2% UNAUTHORIZED CHARGES 1% LOAN FRAUD 4% ATTEMPTED IDENTITY FRAUD OTHER IDENTITY THEFT 6% 23% UNCERTAIN 9% MISC.** 10% EVADING THE LAW 1% BUSINESS / PERSONAL / STUDENT LOAN 2% CAR LOAN 1% REAL ESTATE LOAN 1% MEDICAL 1% INTERNET / EMAIL 1% APT. OR HOUSE RENTAL 1% $#@! Site JABBER MISC. - INSURANCE, MAGAZINES, CHILD SUPPORT, BANKRUPTCY, PROPERTY RENTAL, SECURITIES AND OTHER INVESTMENTS SOURCE: www.FTC.GOV NOTE: NUMBERS ARE ROUNDED ABOVE 100% BY THE FTC O FRAUD FRAUD FRAUD FRAUD F ITY THEFT IDENTITY THEFT IDE Y THEFT FRAUD FRAUD FRAUD FRA AUD FRA AUD FF FRAUD TY THEFT ENTITY THEFT IDENTIT D FRAUD FRAUD FR TY THE IDENTITY THE UD FRAUD AUD FRA EFT IDENTITY THE SUD FRAUD FRAUDERAUD FI FRAV O EFT IDENTITY TE E IDENTITY THEF AUD FRAUDORALUD FRAUD FRA FRAUD FRAUD F/ IDENTITY EFT IDENTITY TH THEFT IDENT AUD FR RAUD FRAUD FR FRAUD FRAUD EFT IDENTITY TH AUD FRAUDTR UD FRAUD FRAUD HEFT IDENTITY THEFT S DENTITY THE AUD FRAUD FA FRAUD FRAUD FRAUD TITY THEFT IDENTITY THE T IDENTITY THEFT D FRAUD FRAUD FRAUD RAUD FRAUD F TIDENTITY THEFT IDENTITY THEFT IDENTI UD FRAUD FRAUD FRAUD THEFT IDENTITY THEFI OFRAUD STAYING DRY THROUGH THE STORM: CONSUMERS' TOP PROBLEMS WITH FRAUD EVERY YEAR, MORE THAN A MILLION CONSUMER COMPLAINTS ARE RECORDED ONLINE AND PRESENTED BY THE FEDERAL TRADE COMMISSION (FTC). AN ESTIMATED THREE-QUARTERS OF THESE COMPLAINTS TO THE FTC ARE FRAUD (21%) OR IDENTITY THEFT (54%) RELATED. THE FOLLOWING ARE THE MOST COMMON PROBLEMS CONSUMERS FACE. KEY FRAUD CATEGORY PERCENT OF TOTAL FRAUD SUBTYPE CREDIT CARD FRAUD GOVT. BENEFITS FRAUD 17% 16% NEW ACCOUNTS 10% TAX FRAUD 13% EXISTING ACCOUNTS 7% BENEFITS FRAUD 2% DOCUMENT FRAUD 1% JOB RELATED FRAUD 13% PHONE OR UTILITIES FRAUD BANK FRAUD 15% 10% UTILITIES 8% ELECTRONIC TRANSFERS 4% EXISTING ACCOUNTS 3% WIRELESS 4% NEW ACCOUNTS 3% TELEPHONE 2% UNAUTHORIZED CHARGES 1% LOAN FRAUD 4% ATTEMPTED IDENTITY FRAUD OTHER IDENTITY THEFT 6% 23% UNCERTAIN 9% MISC.** 10% EVADING THE LAW 1% BUSINESS / PERSONAL / STUDENT LOAN 2% CAR LOAN 1% REAL ESTATE LOAN 1% MEDICAL 1% INTERNET / EMAIL 1% APT. OR HOUSE RENTAL 1% $#@! Site JABBER MISC. - INSURANCE, MAGAZINES, CHILD SUPPORT, BANKRUPTCY, PROPERTY RENTAL, SECURITIES AND OTHER INVESTMENTS SOURCE: www.FTC.GOV NOTE: NUMBERS ARE ROUNDED ABOVE 100% BY THE FTC O FRAUD FRAUD FRAUD FRAUD F ITY THEFT IDENTITY THEFT IDE Y THEFT FRAUD FRAUD FRAUD FRA AUD FRA AUD FF FRAUD TY THEFT ENTITY THEFT IDENTIT D FRAUD FRAUD FR TY THE IDENTITY THE UD FRAUD AUD FRA EFT IDENTITY THE SUD FRAUD FRAUDERAUD FI FRAV O EFT IDENTITY TE E IDENTITY THEF AUD FRAUDORALUD FRAUD FRA FRAUD FRAUD F/ IDENTITY EFT IDENTITY TH THEFT IDENT AUD FR RAUD FRAUD FR FRAUD FRAUD EFT IDENTITY TH AUD FRAUDTR UD FRAUD FRAUD HEFT IDENTITY THEFT S DENTITY THE AUD FRAUD FA FRAUD FRAUD FRAUD TITY THEFT IDENTITY THE T IDENTITY THEFT D FRAUD FRAUD FRAUD RAUD FRAUD F TIDENTITY THEFT IDENTITY THEFT IDENTI UD FRAUD FRAUD FRAUD THEFT IDENTITY THEFI OFRAUD STAYING DRY THROUGH THE STORM: CONSUMERS' TOP PROBLEMS WITH FRAUD EVERY YEAR, MORE THAN A MILLION CONSUMER COMPLAINTS ARE RECORDED ONLINE AND PRESENTED BY THE FEDERAL TRADE COMMISSION (FTC). AN ESTIMATED THREE-QUARTERS OF THESE COMPLAINTS TO THE FTC ARE FRAUD (21%) OR IDENTITY THEFT (54%) RELATED. THE FOLLOWING ARE THE MOST COMMON PROBLEMS CONSUMERS FACE. KEY FRAUD CATEGORY PERCENT OF TOTAL FRAUD SUBTYPE CREDIT CARD FRAUD GOVT. BENEFITS FRAUD 17% 16% NEW ACCOUNTS 10% TAX FRAUD 13% EXISTING ACCOUNTS 7% BENEFITS FRAUD 2% DOCUMENT FRAUD 1% JOB RELATED FRAUD 13% PHONE OR UTILITIES FRAUD BANK FRAUD 15% 10% UTILITIES 8% ELECTRONIC TRANSFERS 4% EXISTING ACCOUNTS 3% WIRELESS 4% NEW ACCOUNTS 3% TELEPHONE 2% UNAUTHORIZED CHARGES 1% LOAN FRAUD 4% ATTEMPTED IDENTITY FRAUD OTHER IDENTITY THEFT 6% 23% UNCERTAIN 9% MISC.** 10% EVADING THE LAW 1% BUSINESS / PERSONAL / STUDENT LOAN 2% CAR LOAN 1% REAL ESTATE LOAN 1% MEDICAL 1% INTERNET / EMAIL 1% APT. OR HOUSE RENTAL 1% $#@! Site JABBER MISC. - INSURANCE, MAGAZINES, CHILD SUPPORT, BANKRUPTCY, PROPERTY RENTAL, SECURITIES AND OTHER INVESTMENTS SOURCE: www.FTC.GOV NOTE: NUMBERS ARE ROUNDED ABOVE 100% BY THE FTC O FRAUD FRAUD FRAUD FRAUD F ITY THEFT IDENTITY THEFT IDE Y THEFT FRAUD FRAUD FRAUD FRA AUD FRA AUD FF FRAUD TY THEFT ENTITY THEFT IDENTIT D FRAUD FRAUD FR TY THE IDENTITY THE UD FRAUD AUD FRA EFT IDENTITY THE SUD FRAUD FRAUDERAUD FI FRAV O EFT IDENTITY TE E IDENTITY THEF AUD FRAUDORALUD FRAUD FRA FRAUD FRAUD F/ IDENTITY EFT IDENTITY TH THEFT IDENT AUD FR RAUD FRAUD FR FRAUD FRAUD EFT IDENTITY TH AUD FRAUDTR UD FRAUD FRAUD HEFT IDENTITY THEFT S DENTITY THE AUD FRAUD FA FRAUD FRAUD FRAUD TITY THEFT IDENTITY THE T IDENTITY THEFT D FRAUD FRAUD FRAUD RAUD FRAUD F TIDENTITY THEFT IDENTITY THEFT IDENTI UD FRAUD FRAUD FRAUD THEFT IDENTITY THEFI OFRAUD