Millennials most likely to fall prey to bank fraud, Lloyds reveals – AuthenticAfrican

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New figures also show over-55s lose the most money per scam on average

Millennials are falling victim to scams involving handing money to fraudsters more than any other age group, according to Lloyds Bank.

New data shows that victims aged 18 to 34 are losing an average of £2,630 to frauds, which typically involve scammers impersonating banking staff, the police or HM Revenue and Customs.

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