Millenials may be more likely than pensions to be targeted by fraudsters in cases where fraudsters pretend to be other people by buying something or borrowing money in their name but what about the startling results from Action Fraud on regions reporting the highest losses? Is anyone asking why Kent, Cornwall and Devon are such a hotbed of activity? Is there more fraud going on there or more people active to report it? The numbers are quite a jump from third place Scotland at £394,638,137 to second place Devon & Cornwall with £3,488,628,156.
Millenials are more likely than pensioners to be targeted by fraudsters for the first time, because they don't bother to check their bank statements, data shows. Analysis of millions of credit files by credit checking firm, Experian, found people in their mid to late 20s have overtaken over 60s as the most likely age group to fall victim to fraud. It comes after many years of elderly people being the biggest target. In most cases fraudsters pretend to be other people by buying something or borrowing money in their name.