TUCSON (KVOA) – Service members, military spouses, and veterans all reported higher likelihoods of losing money and higher median dollar losses to scammers, according to the 2020 BBB Scam Tracker Risk Report.
The report was published by the BBB Institute for Marketplace Trust (BBB Institute), the study analyzes scams reported to BBB Scam TrackerSM, spotlighting the latest fraud risks facing consumers. 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 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 likelihood of…