Identity Theft Now Costs Far More Than All Other Property Crimes COMBINED

[FarCenter]

The Bureau of Justice Statistics (BJS) has a sobering new report finding identity theft cost Americans $10 billion more last year than all other property crimes measured by the National Crime Victimization Survey.

While identity theft cost Americans $24.7 billion in 2012, losses for household burglary, motor vehicle theft, and property theft totaled just $14 billion.

The BJS report measures both direct and indirect losses tied to identity theft. Direct losses, the majority of the $24.7 billion, consisted of the money thieves got by misusing a victim's personal info or account information. Indirect losses included other costs associated with identity theft — like legal fees and bounced checks.

Read more: http://www.businessinsider.com/bureau-of-justice-statistics-identity-theft-report-2013-12

[Amonester]

1. I get tons of 'identity-theft' scams in my Spam folder daily

I also get annoying robot calls of recorded female voices that begin with "CONGRATULATIONS! YOU'VE BEEN SELECTED... (click! = me hanging up)" that can't be traced back.

Not surprised of these stats...

[seattledo]

2. Other property crimes?

How is it a property crime? Who you are is not a thing. It is a concept.