Military Lose More To Scams Than Other Consumers
BBB FINDS MILITARY MEMBERS ARE AT HIGHER RISK FOR SCAMS THAN GENERAL POPULATION
Quincy, IL (KHQA) – The Better Business Bureau finds military families are at higher risk for fraud.
Military consumers report losing a median of $200.00 when falling victim to a scam, according to the BBB scam tracker.
That’s 32% higher than the $152.00 reported by all consumers in 2018.
Relocation forces military consumers to make quicker purchasing decisions than the general population, the bureau says.
Moving to new a location can also make it difficult to find secure, stable employment for spouses and other family members.
Military consumers also reported higher rates of losing money to home improvement scammers.
The high rate of fraud happens despite protections that are in place to protect service members and their families.