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Millennials More Likely To Fall For Scams Than Baby Boomers (washingtonexaminer.com)

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.

2 of 293 comments (clear)

  1. Re:A trusting bunch by alvinrod · · Score: 1, Troll

    Normally I'd ask if they aren't just sure it's a matter of age, with young people lacking the experience of being scammed that the older generation has become wary to after falling prey to it enough times. It's pretty hard to find any 17 year old baby boomers to test after all.

    Of course, there was the recent /. article about the younger generation thinking socialism was a good idea so the millennials could genuinely be naive, gullible fools. But is is fair to blame them for any of this, or should we really blame the generation that raised them to be this way?

  2. Re:A trusting bunch by not+flu · · Score: 0, Troll

    Now you probably think "what they have in Scandinavia isn't socialism" but that is just you have to remember that according to the American conservatives anyone who wants to fund schools or healthcare is a socialist.

    Actually I think the socialism we and our neighbors in Scandinavia have is an unsustainable disaster that in the case of Sweden has already irreversibly destroyed a previously outstandingly great country. What once made Sweden great and wealthy was proper incentives for economic productivity and high trust between people. Then the socialists took over and for a while restrained themselves in milking the productive portion of the population dry. Those times are long over. Now the situation is so bad that I've heard a swede say he would rather not work because that would give tax money to his government that is ruining everything!