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ID Theft: A $1bn A Year Crime
Precise figures on the exact loss due to identity theft are hard to pinpoint, but there is little doubt about the seriousness of the problem.
In 2002, 161,819 individuals in the US reported to the Federal Trade Commission that their identity had been stolen - bringing the number of reported US incidences of identity theft to nearly 300,000 since the launch of a database clearinghouse in 2000.
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