Identity theft is a big problem with hidden victims.
Identity theft is a multi-billion dollar problem in the United States. In 2021, nearly 24 million people were victims of identity theft, and it was the single most common complaint in the Federal Trade Commission’s (FTC) law enforcement database. While people may assume that identity theft victims are wealthy, identity theft harms people across the economic spectrum. A U.S. Department of Justice (DOJ) survey shows that more than one-third of identity theft victims earn less than the national median income. Furthermore, federal agencies and consumer complaints suggest another surprising fact: identity theft is a major problem for incarcerated people.
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