That's over $400 per incident. Either people carry a hell of a lot of cash on them or there are some outliers with some interesting stories to tell.
Also, pickpockets and muggers are likely to profile their targets- Traditionally this would have been the wealthy, counterintuitively it's now the poor: People without credit cards and/or bank accounts, and immigrants paid in cash who are forced to walk or bike home from work through a bad neighborhood in the dark with an entire week's pay in their pocket.
I've had my credit card # stolen 3 or 4 times and $400 is about the average amount of fraud that happened each time.
It's usually like a tank of gas and a trip to Best Buy to purchase something like a video game console. One time they bought a plane ticket online for $350.
I assume this one get caught?
I had someone steal my card info and use it to by a bed and mattress, which was delivered to their house.
Sears (ahem) wouldn't tell me who bought it, or where it was delivered, because I wasn't the purchaser, but they were happy to charge me for it. I turned it over to the police, but they said they weren't going to deal with it as it was 'only' ~$1200. This was in 2002 IIRC.