HONOLULU (KHON2) — A new report published by the Better Business Bureau indicates that people ages 18-24 reported losing more money to fraud than older age groups.
And fake jobs continue to be the riskiest.
Dale Dixon, chief innovation officer with the BBB joins KHON2 with more.
About 43 percent of employment scams reported by this age group included a mention of fake check scams. Many reported being told to deposit checks into their accounts and then transfer funds to a vendor to pay for training or office equipment.
By the time they realized the check was bad, the money was gone. We must make sure young people understand it takes time for checks to clear and to be sure they’re good.”