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Identity theft. You’re hearing the words more and more, on TV and especially online. And there’s good reason. Identity theft is among the largest growing crimes in the world, and it costs consumers millions per year. Here are some facts about identity theft and how you can prevent it from happening to you.

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Identity Theft Statistics

Here are some eye-popping stats about ID theft.

• There were 10 million victims of identity theft in 2008 in the United States (Javelin Strategy and Research, 2009)
• 1 in every 10 U.S. consumers has already been victimized by identity theft
• 1.6 million households experienced fraud not related to credit cards (i.e. their bank accounts or debit cards were compromised) (U.S. Department of Justice, 2005)
• Those households with incomes higher than $70,000 were twice as likely to experience identity theft than those with salaries under $50,000 (U.S.

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