New data illustrates a discrepancy between the perception of baby boomers who lose money to financial scams and the actual rate of seniors to fall prey to such bad actors.

This is according to the results of a survey conducted by market research firm Ipsos and HomeEquity Bank — Canada’s leading reverse mortgage lender — that focuses on members of the baby-boomer generation who reside in that country.

“In fact, boomers are no more likely to have been victimized by online fraud or scams than any other generation,” according to details ⇒

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