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Tag Archive for Millennials

Millennials Are More Likely To Fall For An IRS Scam

(Bloomberg) “You must pay your taxes immediately, or else,” an ominous voice on the other line says before demanding a credit-card number. Most Americans roll their eyes and hang up on these scam calls, but thousands have fallen victim, and millennials are more susceptible than older generations, a new study finds.

Millennials are less likely than Gen Xers or Baby Boomers to receive tax scam phone calls, according to a recent survey, but they were six times more likely than older generations to give the scammer their credit-card numbers, and twice as likely to give their Social Security numbers. Read more