BBB’s Scambusters educates students on scams

BBB study shows younger generation loses most money to scams

Posted

RALEIGH — Marketplace scams affect one in four households each year at an estimated loss to individuals and families of $50 billion, yet most consumers believe they are invulnerable. According to data published by the Federal Trade Commission in a recent Consumer Sentinel, young adults were 25% more likely to report losing money to fraud than people 40 and older. In response to this growing problem, Better Business Bureau serving Eastern North Carolina (BBB) created an interactive program designed to help people recognize and avoid scams – Scambusters.

“Despite misconceptions of seniors being the primary target of scams, young people continue to be at higher risk to lose money to a scam,” said Steve Fromme, executive director of BBB’s Educational Foundation. “What separates Scambusters from other classroom presentations is that it delivers a wealth of valuable information in a game format, making it a fun learning experience.”

Since its inception in 2017, Scambusters has been presented to over 4,000 people across the state, including 3,000 high school students. Although it was originally designed with high school students in mind, the program has proven so versatile that it has been successfully presented to audiences ranging from middle schoolers to senior citizens. Scambusters has also been adopted by other BBBs and is now being presented nationally.

For additional information or to schedule a free Scambusters presentation, contact Steve Fromme at sfromme@raleigh.bbb.org.

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment