Quantcast
The Arresting Truth

   Crimes  News  Video  

Upcoming News | Submit Story | Submit Story | Email a Friend

Crime happens. Be informed. Do you know what's going on in your neighborhood? Subscribe now for pennies a day to receive crime reports and alerts, news and tips, downloadable information, and partner promotions at CrimeReportsLive.com.

COST OF CRIME

  • Nearly 18 million violent and non-violent crime victimizations (77 percent of all victimizations) resulted in economic losses in 2002.21

  • Crime is estimated to create $105 billion in medical expenses, lost earnings, and costs for victim services.  Factoring in the intangible costs, such as pain and suffering and a reduced quality of life, brings the total estimated cost of crime to $450 billion annually.22

  • Victims of violent crime and their families received benefits totaling $442.3 billion in federal fiscal year 2003.  While California (the largest victim compensation program in the nation) experienced a drop of close to $43 million in fiscal year 2003, compensation in the other 51 jurisdictions (including Washington, DC, U.S. Virgin Islands, and Puerto Rico) grew by $26 million.23

  • Medical expenses were 48 percent of all victim compensation payments in 2003; economic support for lost wages for injured victims and for lost support in homicides comprised 21 percent of the total; and 12 percent went toward mental health counseling for crime victims.24

  • In 2003, total monetary loss due to telemarketing fraud was $1,764,433, for an average of $1,504 for each case.25

  • Reported burglaries resulted in an estimated monetary loss of $3.5 billion, with an estimated average of $1,626 per burglary.26

  • In 2003, the average value of property stolen due to larceny-theft was $698.  Cumulatively, $4.9 billion in property was stolen.27

  • The average monetary value of motor vehicles stolen in 2003 was $6,797.  The total value of stolen motor vehicles was $8.6 billion.28

  • The average dollar loss due to arson offenses was $11,942 per offense in 2003.29

  • Correctional authorities spend more than $38 billion to maintain the nation's correctional systems in one year.30

    Excerpted from the National Center for Victims of Crimes @

    http://www.ncvc.org/ncvc/main.aspx?dbName=DocumentViewer&DocumentID=38710

    • Missing Children

    Recent Updates

    Member Power Panel

      Member Log-in

      User:
      Pass:



      Email Icon  Email to a Friend
      Submit icon  Submit Crime Tip
      Subscribe icon  Subscribe to CRL

    Crime Reports Live

    Today's News

    You Should Advertise Here: