One in four scam victims is aged 21 to 30, says Barclays

Smartphones are among the most common type of item fraudsters advertise, the bank is warning.

Young people aged 21 to 30 are the most likely age group to have been scammed in recent months according to Barclays’ data, despite many 20-somethings being confident that it will not happen to them (Tim Goode/PA)
Young people aged 21 to 30 are the most likely age group to have been scammed in recent months according to Barclays’ data, despite many 20-somethings being confident that it will not happen to them (Tim Goode/PA)

Young adults are the most likely age group to have been scammed in recent months, according to a major bank, despite many 20-somethings feeling confident that it will not happen to them.

One in four (25%) scam victims is aged 21 to 30, according to data from Barclays covering scams reported to it by customers between March and May 2022.

But a separate survey of 2,000 people for the bank found that just over three-quarters (76%) of 21 to 30-year-olds are confident they will not fall victim to a scam.

Barclays said scams often take place on tech platforms such as social media, purchase/auction websites, or dating apps, making younger people particularly susceptible.

Purchase scams, where people buy goods that never arrive or are not as advertised, are by far the most common type of scam – accounting for more than half (60%) of all scams in the last three months, according to Barclays’ data.

People aged 21 to 30 made up 28% of purchase scam victims in the statistics, compared with 4% who are aged 61 to 70 and just 2% who are over 70.

Barclays said smartphones are among the most common type of item fraudsters advertise.

It found that more than half (55%) of 21 to 30-year-olds are planning to purchase a new smartphone this summer.

The bank is warning people to be wary of offers which are too good to be true.

Dancer Perri Kiely said he was shocked to find out how many people his age are falling for scams (Ian West/PA)

Barclays has partnered with TV and radio presenter Perri Kiely, a member of dance troupe Diversity, to raise awareness of scams.

Kiely said: “Like most young people, I consider myself tech savvy as I’ve grown up with social media, and I was shocked to find out how many people my age are falling for scams.”

Ross Martin, head of digital safety at Barclays, said: “Many people picture an elderly person when they think of a scam victim, and, whilst it’s true that older people are more likely to fall for higher value scams, the most common type of scams are where people are tricked into buying something they never receive.

“The best advice is if something seems too good to be true, it probably is.

“Scammers usually offer items for significantly lower than its value to lure you in – stop and question why any legitimate seller would do this.

“Check the seller’s website and be wary of anyone asking for a bank transfer rather than a debit or credit card transaction.”

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in