- Barclays data1 reveals people aged 21-30 years old are the age group most likely to be scammed, despite the majority2 (76%) saying they are confident they would not be a victim
- Barclays is urging young people to be wary of ‘too good to be true’ offers online and on social media this summer as half2 (55%) of young people plan to purchase a new smartphone
- Barclays has partnered with Perri Kiely, Kiss FM Radio Presenter and member of Diversity to help raise awareness of the increasing prevalence of scams among young people
14th June 2022: New data from Barclays shows that young people aged 21-30 are the most likely age group to fall victim to scams, despite their perception that it won’t happen to them.
In a recent study, 76 per cent of people aged 21-30 said they are confident they would not be scammed2, but data from the Bank shows that the same age group are almost four times as likely to be a victim compared with those aged over 701.
The majority of scams (77 per cent) take place on tech platforms such as social media, purchase/auction sites or dating apps1, making younger people more susceptible to being a victim.
Purchase scams, where people buy goods which never arrive or aren’t as advertised, are by far the most common type of scam – accounting for more than half (60 per cent) of all scams in the last three months, according to Barclays’ data1. The likelihood of falling for this type of scam decreases…
