Millennial Money: You're an online fraud target - fight back

 

February 5, 2020



Millennials grew up online. From making their first screen names with America Online in the '90s and poking around chatrooms, to using HTML to customize their Myspace pages in high school, and now curating their Instagram feeds, navigating the internet is second nature to these digital natives.

But this ever-online generation may be uniquely positioned as targets of internet scams.

Millennials are 25% more likely to report losing money to fraud than those over 40, according to an October 2019 report by the Federal Trade Commission. The report also found this age group:

Was twice as likely...



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