People tend to think that scammers only target the older generation, in an attempt to confuse them with advanced techno-babble, but according to the Federal Trade Commission, college aged people have actually lost more money than older consumers. A good tip for everyone, but especially those in their 20’s, is to study up on any new scams that are making the rounds. One of the most recently reported scams involved the use of fraudulent checks. According to Michelle Reinen, Director of the Bureau of Consumer Protection, “College-aged consumers who fell for financial scams in 2017 had a median loss of $400, which is a significant amount of money for a student.”
Those in Their 20’s Not Immune to Scams
Sep 7, 2018 | 12:00 PM
Local News, State News