Your Questions About Identity Theft Statistics

Sandy asks…

Where can I find the most updated Identity Theft Statistics?

From the previous IDT report shows 1 out of 6 people become a victim of IDT. I think that report was back on 2002. Does anyone knows where can I find out the most current study/Statistics?

Any website or published documents?


Jack answers:

As many as 10 million Americans a year are victims of identity theft.

Victims spend from 3 to 5,840 hours repairing damage done by identity theft. This difference is due to the severity of the crime – for example a lost credit card versus the use of your social security number to become your “evil twin.” The average number of hours victims spend repairing the damage caused by identity theft is 330 hours.

47% of victims have trouble getting credit or a loan as a result of identity theft
19% of victims have higher credit rates and 16% have higher insurance rates because of identity theft
11% of victims say identity theft has a negative impact on their abilities to get jobs
70% of victims have trouble getting rid of (or never get rid of) negative information in their records
40% of victims experience stress in their family lives as a result of displaced anger and frustration over the identity theft
45% of victims feel denial or disbelief
85% of victims anger and rage
45% of victims feel defiled by the identity thief
42% of victims feel an inability to trust people because of the identity theft
60% of victims feel unprotected by the police

Laura asks…

Is a 2003 survey on identity theft a good source of statistics for fall 2007?

There are many identity theft surveys do you think think that it is right to use 2003 survey information to explain what is happening in 2007?

Jack answers:

The data is getting a little to old. There have been too many changes in security and how business is conducted that have changed the risks for identity theft. I would say this data is right on the cusp of being to old to be worth anything. I might be cool to compare this data set to a current data set and see what has changed over the last four years. Then the data would be useful.

Thomas asks…

Outline HELP!….(desperate need) Outline=Identity Theft?

Hello ..I need major desperate help on just fixing my outline adding or minusing things: I did an outline for my term paper : Identity theft : My teacher said that
*I need a “problem”
*Nothing addressed how it can be prevented
*She wrote – Since ID tehft costs consumers and businesses billions, can it be prevented?

Here is my outline:
Tentative Outline

I. What is Identity Theft
a. Define Identity Theft
b. Statistics of Identity Theft Occurrences
c. Number of convictions
II. Major Types of Internet Fraud
a. Auction & Retail Fraud
b. “Work At Home” Schemes
c. Investment Schemes
d. Credit Card Schemes
e. Identity Theft

III. How Can Internet Fraud Be Avoided
a. Avoid Giving Out Valuable Personal Information Online
b. Don’t Judge By First Appearances
c. Exercise Caution if Dealing with a Person or Agency who Disguises or Hides their Identity
d. Be Careful of Advance Fee Agencies
IV. Where Does Internet FraudGet Reported

A. Agencies Dealing With Internet Fraud
a. Department of Justice
b. Internet Fraud Initiative
1) Federal Trade Commission
2) National Advocacy Center
c. Internet Fraud Complaint Center
d. FBI
e. National White Collar Crime Center
f. Securities and Exchange Commission
h. National Consumers League
I showed it to another teacher that i have and she said that it was ok … BUT MY TEACHER not that teacher is ANAl and picky and a hard garder …

I want to fix my outline…
she said it was too informational .
-It is for an Analytical research paper
-This outline is important since I have to split the work up into 4 people….

This is an outline that has been graded and turned in already …
I need to fix it because this outline will guide us on doing out paper …

SHE ALSO SAID THAT THERE IS TOO MUCH OVER LAP BETWEEN c. investment schemes and a. avoiding out valuable personal info.outline…..

i really need help …
Thanxs so much

Jack answers:

A problem is your “Thesis”. Your paper should address a central research question, and your thesis should express a reasonable answer to that question. For instance, regarding your topic, a typical research question can be: “How can identity theft be prevented by consumers, organizations and anti-fraud agencies?”. Your thesis or problem can be: “Research shows that identify theft are prevented by incorporating anti-fraud laws, educating online consumers and updating website securities. However, several issues are still unresolved: (1) Are anti-fraud laws effective? (2) Are online consumers responsive when they are being educated? (3) Are there any growth and improvements in online securities?”

Those were just examples. Read through your book and find out more about research problems and thesis.

On the other hand, if you want custom help, visit

Mark asks…

what are some facts about identity theft?

i need statistics, types of crimes related to identity theft, and strategies to avoid it

Jack answers:

It makes you feel bad.
It can be prevented.
Ain’t gonna happen to me.

Helen asks…

How to de an MLA citation for this site?

This is the site i need to cite i cant find the author and MLA is not my strongest area. Please help me, i only have about 30 minutes before class starts

Jack answers:

If you cannot find the name you can technically leave it out. It is also an option to make a likely name up, but you should never do that.

Cite as Spend On Life Staff if you cannot find specific name.

You sound like you know what you’re doing for actually formatting, so I won’t bother showing examples. Just go to Perdue Owl for tips on MLA.

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