Identity Theft – Straightening Out Your Credit In The Aftermath $1.48 billion, this is the total financial loss due to 1.4 million fraud reports the Federal Trade Commission processed in 2018. Identity theft, debt collection and imposter scam were the most common categories of fraud complaints. More than 167,000 users reported that their information was used to open fraudulent credit card accounts. Last year, ITRC (the Identity Theft Resource Center) predicted data abuse, data privacy and data breaches to be…