BBB: Young, educated people most likely to be scammed

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

A new report from the Better Business Bureau indicates many people think of scam victims as elderly or unintelligent. But this study shows that is far from the truth.

"It doesn't matter what your age is. It doesn't matter your gender... It actually seems those that have higher education are getting scammed more than others," said Brian Wright, president and CEO of the BBB of Northwest North Carolina.

The study showed people who are younger, between the ages of 25 and 55, and have a higher education are actually most likely to report being scammed. It could change how groups like the BBB educate consumers and market their advice.

For the full study, click here.

Wright says one explanation is that so many scams are online. "A younger demographic uses the internet far more and I think that's where the proliferation of these scams really is present. The other piece is in vulnerability. 'It can't happen to me. I'm educated, I'm not of the older demographic, and I'm already aware of what scams are,' so they think it couldn't possibly happen to them."

Check out the BBB's scam tracker for information about trends in your area.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.