Millennials Got Scammed for Money More Than Their Grandparents Did in 2017

The Internet has given today's youth countless more ways to make money. It also appears to have made them more vulnerable to losing it, too.

According to a new report from the Federal Trade Commission, Americans aged 20 to 29 reported loss of money from fraud more than any other age group, particularly the 70 to 79 and 80 and over age groups. Twentysomethings made up 40% of fraud loss reports last year compared to 18% for the two older groups.