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Fraud reports to Loveland police now top 300

October 20, 2011
Total Loss: Unknown

In an ironic twist, hundreds of people across Northern Colorado have fallen victim to banking fraud crimes during National Protect Your Identity Week, an initiative that aims to raise awareness about the dangers of identity theft.

And while Northern Colorado is experiencing a significant uptick in the number of credit and debit card fraud cases, one organization reminds people to protect their financial and personal information at all times, outbreaks aside.

"It's still a daily problem, regardless of the spike here," said Shelley Glause, investigator for the Better Business Bureau.

According to Protectyouridnow.org, 8.1 million people were victims of identity theft in 2010. Losses reported in association with those cases totaled more than $37 billion.

Source: Reporter Herald
Posted in: Account Takeover Identity Theft Credit Card Fraud Debit Card Fraud Check Fraud Deposit Account Fraud