Special Report

States With the Most Identity Theft

Tax day has come and gone, and whether they know it or not, those who waited until the last minute to file put themselves at increased risk of identity theft. There were nearly 63,000 reported cases of tax-related identity theft alone in 2017. One of the best ways to reduce the likelihood of a criminal using your personal information to claim your tax return is to file as early as possible.

Identity theft is a broad category that covers a range of crimes, including tax fraud. Generally, identity theft is defined as the third party use of an individual’s identifying information, such as social security number or credit card number, to commit fraud or theft. Identity theft can take the form of utilities fraud, loan or lease fraud, government benefits fraud, and credit card fraud.

As the IRS and financial institutions have stepped up efforts to combat identity theft, the number of reported cases in the United States has fallen over the last two years. There were 371,061 reported cases of all forms of identity theft in 2017, down from 399,222 in 2016 and from the 490,226 known incidents in 2015.

One’s likelihood of becoming a victim of identity theft appears to depend heavily on place of residence as the incidence of identity theft ranges considerably across the United States. South Dakota has the lowest incidence of identity theft, with just 46 reported cases for every 100,000 residents. In other states, however, identity theft is more than three times as common as in South Dakota.

24/7 Wall St. reviewed data from the Federal Trade Commission’s Consumer Sentinel Network Data Book to identify the states with the most and least identity theft.

Click here to see the states with the most identity theft.
Click here to see our detailed findings and methodology.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.