ABSTRACT
This chapter takes a look at some of the costs associated with becoming a crime victim. It demonstrates the economic losses attributable to both property and personal victimization. The chapter discusses the economic impact of fraud, identity theft, and cybercrime on victims. It explains what is meant by “the second insult” and what intangible costs are. The chapter lists different forms of non-economic costs from victimization and different costs borne by society in responding to victimization. It also discusses the economic costs of crime to society. Early victim studies concentrated on documenting the calamity and woes that accompany the victimization experience. Crime victims suffer from a variety of ills beyond the direct monetary losses from victimization. There are many different physical and emotional consequences that may follow victimization. Beyond obvious costs such as injury, medical expenses, lost days from work, and economic loss, victimization generates a broader public impact.
