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FINCEN report highlights identity theft as major concern

Identity theft
Photo: Getty Images

Carmen Cracknell

1 min read
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General fraud, false records, and identity theft accounted for majority of incidents.

The Financial Crimes Enforcement Network (FinCEN) has honed in on identity theft in its recent Financial Trend Analysis. Released in January, the report relates to threats and trends in 2021.

FinCEN found that an overwhelming number of crimes reported related to identity-related suspicious activity, amounting to around 1.6 million, or 42%

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