(WFRV) – Service members, military spouses, and veterans all reported having higher likelihoods of losing money to scammers, according to the Better Business Bureau (BBB).
A recent study conducted by the BBB found that veterans reported a median loss of $133, military spouses reported a median $132 loss, and active duty service members reported a median loss of $269 – all of which were reportedly higher than the $115 median loss reported across all consumers in 2020.
“Historically, we’ve seen higher median losses reported by the military community,” says Melissa Trumpower, BBB Institute Executive Director. “2020 was the first year, however, that we also saw higher rates of military consumers losing money to fraudsters.”
The BBB shared that the study discovered that the likelihood of loss reported across all consumers was 46.4 percent with…