Why more of China’s digital-savvy Gen Z youth are falling victim to online fraud than their elders

Digital-savvy youth may be the most competent users of technology but they are prone to scammers playing on their emotions. — SCMP

It's one of the oldest scams in the book – a caller says your son or daughter is in trouble and asks for money to be transferred to an unfamiliar bank account. The surprise is that many people, usually the elderly, still fall for this age-old trick.

But a bigger surprise may be that the racket is getting a Gen Z makeover, and young people are also falling for it. The accomplices: easy one-touch mobile payment transfers and the fact that most Gen Z, the digital natives who prefer online chats to voice calls, won’t think of calling the other party to check.