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Is Identity Theft really a problem?

identity theft problem
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Is Identity Theft really a problem?

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The Federal Trade Commission reported in its report Consumer Fraud and Identity Theft Complaint Data January -December 2005 found their were 7,139 Identity Theft complaints in Michigan in 2005. However, the FTC believes this number to be low as their data shows some 61% of people do not report Identity Theft to the police.

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