Young people hardest hit by scams according to BBB report

SALT LAKE CITY — It's a common stereotype that older people are easy targets for con artists, but a new report from the Better Business Bureau People found that people ages 18-24 reported losing more money to scams than older age groups.

At the top of the list were employment scams, with an average dollar loss of over $1,800 for this age group.3. Cryptocurrency10. Credit repair/debt relief “About 43 percent of employment scams reported by this age group included a mention of fake check scams. Many reported being told to deposit checks into their accounts and then transfer funds to a vendor to pay for training or office equipment. By the time they realized the check was bad, the money was gone. We must make sure young people understand it takes time for checks to clear and to be sure they’re good.

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