The median dollar loss among young adults was US$200, about US$50 more than median losses reported by adults 25 and older, data shows. People ages 55-64 had the lowest reported median dollar loss at US$123. — Bloomberg
Scammers are targeting young adults – and taking more of their money, recent data suggests.
For the first time, people ages 18-24 reported losing more of their earnings to scams compared to older adults, according to a report by the Better Business Bureau’s Institute for Marketplace Trust.
