Millennials more likely to report losing money to fraud than people 40+

People in their 20s and 30s (Millennials) are more likely to report losing money to fraud than people 40 and over, new FTC data spotlight reports. FTC says people sometimes think scams mostly affect older adults, but reports to Consumer Sentinel tell a different story.

The top 5 frauds affecting Millennials are:

  1. Online shopping frauds;

  2. Business imposters;

  3. G…

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