Wright-Patt Credit Union, Inc. Making life a little easier. Fraud Awareness Minute. Student and Young Adult Fraud. Ivy Glover, CCUFC. Wright-Patt Credit Union. Tech savvy young adults might not seem like obvious victims of fraud, but they are just as likely to be scammed as other age groups. In fact, according to recent data from the FTC, adults in their 20s reported losing money to fraud more often than elderly adults. Let's take a look at some of the most common scams young adults should watch out for. Scholarship scams. Some scammers try to cheat students and their families out of their money by convincing them to pay fees or taxes in order to receive a college scholarship. Remember, if you have to pay money to get money, it's probably a scam. Online shopping scams. Another way scammers target young adults is by creating phony online stores offering brand name goods at extremely low prices. In reality, the products are knockoffs or the purchased item is never delivered. Be careful, only purchase online from reputable, secure websites. Read online reviews and ratings. Fake check scams. Finally, scammers often prey on college students and young adults by promising them ways to make quick and easy money. In a fake check scam, the victim is contacted by mail or email and receives a check, money order, or wire payment with a request to deposit the funds and send a portion of the money back. While the checks or money orders may look real, they are fraudulent and they should not be deposited. You will be held responsible for the checks deposited and depositing a counterfeit check could land you in hot water. As always, if something seems to be too good to be true, it probably is. Want some more helpful tips and resources to prevent fraud, just visit wpcu.coop/stopfraud.  Wright-Patt Credit Union, Inc. Victim of Fraud? Call our member help center (800) 762-0047, WPCU.coop/StopFraud