NORTH WEST FRAUD FORUM

A fifth of adults have fallen victim to financial fraud with Generation X most vulnerable, Paragon Bank research reveals

26 Oct 2023 12:44 PM | Anonymous member (Administrator)

  • 53% of Generation Z targeted via impersonation scam
  • 75% of Facebook users have been contacted by a fraudster
  • 81% of savers have funds restored after fraud-related losses

One in five adults in the UK claim to have been a victim of financial fraud, with Generation X most likely to have handed over cash to a scammer, Paragon Bank research has found.

https://ifamagazine.com/a-fifth-of-adults-have-fallen-victim-to-financial-fraud-with-generation-x-most-vulnerable-paragon-bank-research-reveals/

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