CNJ+ May 2026

CHILD, ADOLESCENT & ADULT PSYCHIATRIST MILLENNIALS MORE LIKELY TO REPORT LOSING MONEY TO FRAUD THAN OLDER GENERATIONS, NEW FTC DATA SPOTLIGHT REPORTS

The FTC’s latest Consumer Protection Data Spotlight shows that millennials— those ages 20-39—are twice as likely to re port losing money to online shopping fraud than those 40 and over. Online shopping fraud reports include complaints about items that are never delivered or are not as they were advertised. Millennials report ed losing $71 million to online shopping fraud—out of the nearly $450 million they reported losing to all types of fraud—in the last two years. Other categories where millennials are much more likely to report losing money to fraud than consumers 40 and over include fake check scams, offers that promise to help fix debt-related problems, or offers promis ing income through jobs, investments, or business opportunities. For tips on how to avoid scams, visit consumer.ftc.gov.

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CNJ+ | FORMERLY THE MILLSTONE TIMES

MAY 2026