Gen Zers lost more money to online scams than baby boomers last year, according to a survey. But they may still feel immune to romance scams. Experts believe isolation during the pandemic may have made them more vulnerable to such scams.
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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Gen Zers may think they are digitally savvy and immune to online scams, but that very thought may leave them vulnerable to being lured into nefarious schemes . "Many Gen Zers are confident in their ability to spot scams, but scammers are evolving just as quickly," Bryn Thompson, the marketing director of Phonely, a scam-protection telephone service provider, told Business Insider.
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"With romance scams in particular, scammers exploit emotional connections and rapidly build trust, which can lead to financial exploitation before the victim even realizes what's happening." It's long been a cliche�.