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How much money do thieves make from identity theft?


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It is estimated that the total losses from identity theft in 2006 was approximately $15.6 billion.
The following breakdown shows the median amounts lost to the different kinds of identity theft:

  • New Accounts & Other Frauds: $1,350 (victims in this category were 3 times as likely to report that thieves obtained more than $5,000 when compared to victims in the other two categories of ID theft)
  • Existing Non-Credit Card Accounts: $457
  • Existing Credit Cards Only: $350


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