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ABC News
ABC News
Business

More reports of bank scams targeting younger generations as teen loses life savings to spoofing

NAB

People in their 20s and 30s may be losing more money in scams than those in older age brackets, as experts warn "ruthless" organised crime gangs are behind the attacks. 

Data from Consumer Protection, a branch of the West Australian Department of Mines, Industry Regulation and Safety, showed 25 to 34-year-olds reported losing more of their hard-earned cash than older Australians.

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