Twenty-somethings were more likely to get scammed in 2017 than people in their 70s. In the past year, 40% of 20-29-year-olds made fraud complaints to the Federal Trade Commission compared to 18% of people 70-and-older. And the Better Business Bureau backs that up, finding that 25-34-year-olds were the most likely age group to lose money from fraud. People in their 70s may be less likely to be duped, but they’re losing more, averaging a loss of $621 compared to $400 for 20-29-year-olds. (MarketWatch)
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