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September 26, 2018 01:25 am

Millennials More Likely To Fall For Scams Than Baby Boomers

A new report from the Better Business Bureau suggests that millennials are now more likely to fall victim to a scam than Baby Boomers. Washington Examiner reports: The Better Business Bureau reports that 69 percent of scam victims are under the age of 45. Young adults heading off to college are especially gullible, the group says. "College students can be easy targets for scammers and identity thieves. They are old enough to have money, young enough to be vulnerable and are likely unsupervised as many are away from home for the first time," writes Heather Massey of the Better Business Bureau. Phishing scams now target cell phones as well as email and social media. "Millennials spend a lot of time on Facebook or other social media sites, where they can target them with these messages," said Jim Hegarty, Better Business Bureau president and CEO. College students also use sensitive information frequently, like student IDs, Social Security numbers, and banking information.

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