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For the past seven years in a row, identity theft was the number one consumer fraud complaint. The Federal Trade Commission (FTC) keeps records of reported cases. According to the agency’s yearly report on fraud complaints for 2014-2015, the total identity theft complaints received increased from, 332,647 to 490,220. That’s a 47 percent increase. In that same time frame, 16 percent of all reported complaints were related to identity theft.

According to the U.S. Department of Justice, over 17.5 million people in the United States were affected by identity theft. The total consumer fraud loss totaled over $1.2 billion. The average monetary loss for an individual is up to $2000.