Identity theft top consumer fraud of 2006

Of the more than 670,000 consumer fraud complaints made to the Federal Trade Commission in 2006, identity theft was the biggest category of reported cases, accounting for 36 percent of calls.There are several types of ID theft, the most common and most easily fixed being credit card fraud, which not surprisingly accounted for 25 percent of all the identity theft complaints. That was followed by phone or utilities fraud (16 percent of calls), bank fraud (16 percent) and employment fraud (14 percent). (CNN)

See FTC’s tips on how to prevent credit card fraud.

By Richard Brisebois

I help companies develop their leaders. I help managers develop themselves and their teams.
Richard Brisebois is a leadership development professional who has worked with 7,000+ managers, leaders, and business owners in 40+ countries, from Fortune50 executives to SME business owners and tribal leaders. He specializes in designing and facilitating leadership development programs as well in team coaching.