---
title: Robocall Scams Are Costing Us Billions — And Millennials Are A Prime Target
metaTitle: "Millennials Top Scam Target"
slug: millennials-top-scam-target
date: "2017-04-20T14:01:56-05:00"
image:
  src: "https://cdn.securelogix.dev/slx/images/undefined.webp"
sourcePublisher:
  name: NBC News
  url: nbcnews.to
sourceArticle:
  url: "http://nbcnews.to/2qpnAvf"
legacySlug: robocall-scams-are-costing-us-billions-and-millennials-are-a-prime-target
tags: [Robocalls]
status: published
---

April 20, 2017

We may be getting more technologically advanced every day, but we still haven’t outgrown (or outsmarted) the age-old nuisance of robocalls. In fact, robocalling is more rampant than ever — and scamming Americans out of billions.

A new study by Truecaller found that in 2016 roughly 22.1 million Americans lost a total of $9.5 billion in robocall scams — far more than in 2015 — with the average loss per person at roughly $430. In 2015, 27 million people reported scams to Truecaller, and though the number of reports was higher than in 2016, the average loss was much lower, at about $274, said Tom Hsieh, VP of growth and partnerships at Truecaller...