Millennials Fell for More Scams Than Seniors in 2016
May 16, 2017
Matthew Lancelloti, professor of marketing
According to the Better Business Bureau, 37 percent of the victims scammed in 2016 were between the ages of 18 to 24, compared to just 12 percent for seniors over 65.
Marketing professor Matt Lancellotti believes that young people feel more at ease than their elders online, where incidents of fraud are on the rise. As a result, their youthful confidence actually works against them.
Watch the NBC News I-Team investigation.