uk iconUK

Millennials most likely to fall prey to bank fraud: Lloyds reveals

Millennials are falling victim to scams involving handing money to fraudsters more than any other age group, according to Lloyds Bank.

Millennials most likely to fall prey to bank fraud: Lloyds reveals
smsfadviser logo

New data shows that victims aged 18 to 34 are losing an average of £2,630 to frauds, which typically involve scammers impersonating banking staff, the police or HM Revenue and Customs.

Read more at The Guardian

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox