Michigan Sees Most Identity Theft In Country: Report

Residents in Michigan fall victim to identity theft more often than the rest of America, according to a report, and habitual procrastinators who wait to file their taxes are particularly at risk. There were 371,061 reported cases of identity theft last year, including more than 15,000 in Michigan, the online financial news site 24/7 Wall St. reported on Friday

Identity theft seems to be falling in the country, but benefits fraud and theft of government documents runs rampant across Michigan, according to the report. Still, that’s down from a total of 400,000 cases in 2016 and more than 490,000 known incidents in 2015.

South Dakota had the lowest rate of identity theft with just 46 reported cases for every 100,000 residents. But other states, such as Michigan and Florida, saw identity theft rates that were more than three times as high.

In Michigan, the rate of identity theft complaints was 151 per 100,000 people:

No 1: Michigan

• Identity theft complaints: 151 per 100,000 (total: 15,027)
• Median loss for all types of fraud: $400 (11th lowest)
• Most common form of ID theft: Government Documents or Benefits fraud (27 percent of total)
• Second most common form of ID theft: Employment or tax-related fraud (26 percent of total)

No. 5: Nevada

• Identity theft complaints: 128 per 100,000 (total: 3,828)
• Median loss for all types of fraud: $500 (2nd highest)
• Most common form of ID theft: Credit card fraud (39 percent of total)
• Second most common form of ID theft: Employment or tax-related fraud (32 percent of total)

No. 4: Maryland

• Identity theft complaints: 129 per 100,000 (total: 7,788)
• Median loss for all types of fraud: $458 (22nd highest)
• Most common form of ID theft: Credit card fraud (35 percent of total)
• Second most common form of ID theft: Employment or tax-related fraud (26 percent of total)

No. 3: California

• Identity theft complaints: 140 per 100,000 (total: 5,5418)
• Median loss for all types of fraud: $500 (2nd highest)
• Most common form of ID theft: Credit card fraud (43 percent of total)
• Second most common form of ID theft: Employment or tax-related fraud (20 percent of total)

No. 2. Florida

• Identity theft complaints: 149 per 100,000 (total: 31,167)
• Median loss for all types of fraud: $428 (18th lowest)
• Most common form of ID theft: Credit card fraud (40 percent of total)
• Second most common form of ID theft: Bank fraud (18 percent of total)

Identity theft typically means a third party used someone’s personal identifying information — such as social security number or credit card number — to commit fraud or theft.

Credit card fraud is far and away the most common form of identity theft. This means an individual’s credit card was either used to buy stuff without the victim’s permission or to open new cards in the victim’s name.

With the tax filing deadline looming — and by looming, we mean Tuesday — the site says it’s also common for thieves to try to steal tax returns. There were nearly 63,000 reported cases of tax-related identity theft alone last year.

One of the best ways to prevent that from happening is to file as early as possible.

“Identity theft can take the form of utilities fraud, loan or lease fraud, government benefits fraud, and credit card fraud,” the report said.

Americans in their 30s reported more cases of identity theft last year than any other age group, the site said. The second most-common group was individuals in their 40s.

24/7 Wall St. used data from the FTC’s Consumer Sentinel Network Data Book to assess which states have the most and least identity theft.

Click here to read the full report or here to read the methodology.

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