Tip Off to the Rip Off: Young people vulnerable to certain scams

scam
Photo credit Getty Images

(WBBM NEWSRADIO) -- Guess what age group is being scammed the most? The answer may surprise you.

The Better Business Bureau has a new report showing people aged 18-24 reported losing more money to scams than older age groups.

The top three riskiest scams for 18 to 24-year-olds are employment, online purchases, and cryptocurrency.

Employment scams make up almost 30% of scams reported and are especially risky, because they represent the highest median dollar loss of over $1,800.

Here are some valuable tips:

-Know that fake checks are a part of many of these scams.
-Research companies before you buy online, and if you are applying for a position.
-Verify the job offer before handing over your vital personal information.

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Featured Image Photo Credit: Getty Images