Report: Scammers targeting Internet-savvy young adults online

Young adults are often victimised through social media, Marlowe said, where they will see a targeted advertisement on Instagram or another social media platform and click on it without realising that it might lead them to a fake website. — AFP

Scammers often target people 65 and older, but a new US Better Business Bureau report shows that young adults reported higher losses due to fraud in 2020 than in previous years.

Adults ages 18 to 24 reported the highest median loss, US$150 (RM614), of any age group, according to the 2020 BBB Scam Tracker Risk Report. Typically, young adults lose smaller amounts of money – but it happens more often – as compared to older people.