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In 2001, the Federal Bureau of Investigation reported an estimated 7,076,000 "larceny/thefts" of which 4.1 percent, or approximately 290,000, accounted for bicycle thefts.
The average value of a stolen bicycle was estimated at $318, giving a total estimated loss due to bicycle thefts of approximately $92.3 million. In 2007 these figures are much greater. The FBI only hears about one-third of the bicycles stolen each year. http://www.fbi.gov/ucr/cius_01/01crime2.pdf. |
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