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Professional Insights

ID theft driving identity fraud

Aug 31, 2022 · 3 min read

FIRM MEMBER

EXCLUSIVE

Despite public education and awareness campaigns this past year, the Federal Trade Commission’s (FTC) latest fraud report pointed out that 1.4 million people in the United States were victims of identity theft and fraud in 2021. This was similar to the number of those victimized in 2020 except that the number of victims being “re-victimized” increased noticeably. The findings also point to an expected increase in the dollar amount of financial fraud being perpetrated in 2022 as criminals use increasingly

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