Men Swindled More Often Online

April 6, 2008
It is a shame the concept of Internet fraud exists at all but since it does, it seems natural that people would try to figure out who gets taken in by online fraud the most.

Now that the results are in, it seems that men get taken in more often than women -- or at least they seem to report it more often.

Specifically, data compiled from more than 206,000 complaints received last year by the U.S. Internet Crime Complaint Center (IC3) shows that men lost US$1.67 to every $1lost by women in online fraud.

Some of the explanations for why there is a discrepancy has to do with propensity of men to fall for investment schemes and those having to do with purchasing electronics.

[PC World]

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