Credit swindlers duping Millennials way more than seniors, survey says

Forget the picture of the doddering senior getting ripped off by fraudsters, a new survey says Millennials are the most likely people to be duped.

The study from ratings agency Equifax Inc. found 50 per cent of suspect and highly suspect credit application frauds in Canada in 2015 were against Millennials or Generation Y — regarded as anywhere from age 16 to 36. In second place was Generation X at 29 per cent and then Baby Boomers at 17 per cent.