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Identification theft led the menu of top customer complaints in 2013, that they lost over $1.6 billion to various types of fraud, reports the Federal Trade Commission with US consumers reporting.
The apparently intractable issue of identification theft led record of top customer complaints once more in 2013, that they lost over $1.6 billion to various types of fraud, the Federal Trade Commission said in a report released on Thursday with US consumers reporting.
Of this 2 million customer complaints that the commission received year that is last 290,056, or just around 14 per cent, had been associated with identity theft, the FTC stated.
“This (identify theft) has topped record since at the least 2006,” stated David Torok, manager regarding the FTC’s Division of Planning and Ideas.
Identification thieves will make acquisitions on charge cards they just do not have, make withdrawals from a victim’s banking account and take away loans into the target’s title, among other types of fraudulence.
Florida had the best per capita price of fraudulence, with 804.9 individuals reporting a nagging problem from every 100,000 in populace, the FTC stated with its report for 2013. North Dakota had the cheapest rate of reported fraud.
The average victim lost $2,294, in line with the FTC, which stated that 61 per cent of these defrauded in 2013 place a buck value on the losings.
An overall total of 43 per cent of fraudulence victims had been reached through e-mail, while 21 per cent had been telephoned and another 20 per cent had been defrauded through a webpage, the FTC stated.
While identification fraudulence ended up being the top supply of consumer complaints at 14 % in 2013, business collection agencies (10 %) had been 2nd. Complaints had been things that are such a collector either attempted to gather a debt which was perhaps not owed, harassed a debtor or made false statements about financial obligation.
Another 7 per cent of complaints had been linked to banks and loan providers, such as for example pay day loan dilemmas or overdraft that is unexpected. Imposter frauds, such as for example individuals claiming to be through the federal government and payment that is demanding of debt that will not occur, accounted for 6 per cent for the reported fraudulence situations.
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Complaints about phone and services that are mobile additionally at 6 per cent every, including such dilemmas as unanticipated costs on mobile or phone bills.
Rounding out of the top ten consumer complaints had been: issues about rewards and lotteries (4 %); auto-related complaints (4 %); shop-at-home and catalog product sales (3 %); tv and electronic news (3 percent) and advance repayment for credit solutions (2 %).