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The Connected Press just reported on November 28th 2007 the final results of a survey carried out by the Federal Trade Commission, the final results the FTC came up with stated that the occurrence of ID theft was down 16 percent, from an anticipated 9.9 million victims to 8.3 for individuals more than the age of 18, of course a couple of consumer advocacy groups disputed their findings stating that it was difficult to get a precise handle on the quantity of victims due to a number of variables 1 of them is that folks do not typically know what exactly is in their credit report.

one of the factors given for the FTC survey understating the actual numbers, was that the conclusion is not statistically important given that it was a phone survey where a little sample was used, one more purpose was that a separate survey was carried out by the Gartner Group making use of the exact same study firm McLean VA. based Synovate. The difference was in the reality that Gartner's survey used a net based data collection strategy that does not account for non web users so it is outcomes should be statistically be decrease.

The Gartner survey showed that the number of victims of Identity Theft really rose from ten million to 15 million individuals in 2006.

Additionally the men and women most probably to be contacted first, Banks, and Mortgage companies are not necessary to report these losses nor are they most likely to get in touch with focus to their personal fraud troubles, and most victims will not bother contacting the Government since they won't get the victims funds back or right credit problems.

The bottom line is that Identity Fraud expense shoppers at least 1.two Billion dollars straight, and firms 55.7 Billion in annual losses, the price to companies gets past on to customers in the type of larger prices and charges. The end result is the exact same, ID theft fees you regardless if you are an Identity Theft Victim, or a particular person borrowing funds. research dui