Identity Theft on the Rise: Bader Law Study Reveals Billions Lost to Fraud

Identity Theft on the Rise: Bader Law Study Reveals Billions Lost to Fraud

Identity theft is becoming one of the fastest-growing financial crimes in America, according to a new study from Georgia-based firm Bader Law. The report reveals that millions of consumers are facing mounting risks as fraud schemes evolve, with losses reaching into the billions. Drawing from newly released federal data, the study shows that more than one million identity theft complaints were filed in 2023 alone. Credit card fraud continues to d…