Scammers Are Targeting Adults – and It’s Not Just The Seniors

For millions of people, being stuck at home during the pandemic means more time online. And while more than half of people are spending more money online, for scammers, it means hitting the jackpot.

Many shoppers tend to think of the elderly falling for those crafty scams. However, both the Better Business Bureau and the Federal Trade Commission are reporting a different story. Seniors are not the only ones losing money to scammers – in fact, young adults are more susceptible.

According to the FTC, if you are between the ages of 20 to 29, 44% of your age group has lost money to scammers. That is two times more than the 20% of those ages 70 to 79 falling victim to fraud. And the BBB states that for the first time ever, people ages 18-24 now have the same median dollar loss as those over 65 – an average of $150 lost to scammers.

Even though scams are on the rise and targeting all ages, there are things you can do to protect yourself. For the latest tips on how to protect yourself against scams throughout the pandemic and beyond, sign up for articles from Sitejabber’s Consumer Resources Blog.