Everyone thinks they won’t get scammed, but millions do. You could be next.
Every generation thinks their parents are more likely to fall for a scam than they are. But that’s simply not true. Every age group experiences fraud — and the truth is very different than we think it is:

People 18-24 lose more to scams than those 25+.1

Fake officials steal $700 million a year from Americans 60+.2

People 35-44 fall for scams the most.3

Over 50% of small businesses are victims of fraud.4
We’re all at risk, no matter our age, profession or comfort level with technology. Scams work because they seem familiar.
Like these:
- A text asking for a quick confirmation
- A deal on social media for a hot item
- A business invoice that looks normal
Remember:
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Before clicking or paying, take a moment to verify the communication is really from who it seems to be.
-
Use a different point of contact with the person or company to confirm it’s real.
These days, double-checking is one of the best ways to stay safe.
For all of us, our best defense against fraud is to slow down and double-check before you act.
Liz Hacquebord, SVP & Director of Financial Fraud Analysis
Get fraud-fighting insights, tips and tools
We’re serious about helping you avoid fraud.
Middlesex Savings Bank is right there with you in good times and bad. We’re always looking for ways to support you — including educating you about fraud and scams. Keeping you and your money safe is one of our top priorities, so we’re ready to help any way we can.
How we help you fight fraud:
Our dedicated, local fraud team combines deep experience with advanced monitoring tools to help detect suspicious activity on your accounts. We continuously monitor for unusual activity and act quickly when something doesn’t look right. Still, the strongest defense against fraud is awareness and vigilance. That’s why we offer educational seminars, practical resources on our website, and personal support when something feels suspicious. If you ever encounter a questionable situation, our team is here to talk it through and help you take the next step.
Sources:
1. BBB Scam Tracker, 2023
2. BBB Scam Tracker, 2024
3. FTC Data Spotlight, Aug 2025
4. Small businesses challenged by fraud, Abrigo, 2025