This report details the prevalence of seven types of personal financial fraud victimization and the patterns of reporting fraud to police and other authorities. This report also contains the characteristics of personal financial fraud victims and describes the consequences resulting from fraud incidents.
- About 3.0 million (1.25%) persons age 18 or older were victims of financial fraud.
- About 2.0 million persons (0.81%) age 18 or older reported experiencing consumer products and services fraud.
- About 1.7 million females experienced financial fraud, compared to 1.4 million males.
- About 14% of financial fraud victims reported the incident to police.