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More young people are falling for scams

Posted at 6:36 PM, Aug 02, 2016
and last updated 2016-08-02 18:36:13-04

The Better Business Bureau released a consumer alert concerning scams.

According to the BBB Study, more millennials are falling victim to scams than baby boomers. The data shows 11 percent of older Americans lose money to swindlers. That’s compared to 34 percent of young people. Experts are blaming it on millennial's love for high tech toys.

“We know that millennials are always online. They’re on social media. They are making a lot of their purchasing decisions online and they are reading review sites, but they might now realize that the website that they are shopping on might not be a legitimate website,” Melanie McGovern with the Better Business Bureau said.

McGovern said crooks are trying to stay a step ahead of the victims.

“That was one of the myths of scams. Number one is that scammers are more sophisticated. They earn people’s trust and especially when it’s an online scam. You don’t know who’s on the other end of the computer,” McGovern said.

Experts say you should remember these three tips when giving out personal information.

1. The IRS never calls anyone.
2. If you get an e-mail about an offer for something you never signed up for, make sure it’s legitimate first. They say 9 times out of ten it’s not.
3. If it’s too good to be true, it’s probably is.

The BBB has a scam tracking system on their website www.bbb.org/scamtracker. The tracker allows people to find out if there are any reported scams in their communities. Also, you can report scams through the Better Business Bureau’s website.