Young People Scammed Research Paper

All across the globe millions of people are getting scammed out of money. Are you vulnerable because of your age? This study is to reveal what age is most vulnerable to be scammed, Young or old?
This study deals with words that might be unknown. Cognition is the mental action of the process of acquiring knowledge. Exploit, to make full use of, derive benefit from. Scam, A dishonest fraud. I will also say older (forty and up) and younger (thirty-nine and down).
Older people have many reasons to be more vunreable to be scammed.By examining patients with various forms of brain damage, the researchers report they have pinpointed the precise location in the human brain, called the ventromedial prefrontal cortex, which controls belief and doubt( Richard C. Lewis "Why are elderly duped?). It was also found that the ventromedial prefrontal cortex deteriorates with age. Older people also have a harder time recognizing untrustworthy faces. Which makes them more vulnerable to scams.
Young people have been scammed before as well. Young people get scammed, because they take more risks than the older adults. People ,18-25, have a 77% risk of being scammed according to Marilyn Lewis of MoneyTalksNews. Most people have never been scammed, which makes them not worry about looking into the scammers information. The information is
D. Shadel author of Outsmarting Scammers says” Jeremy Shipman worked in numerous gold coin scam rooms over a 5-year period. He describes the use of phantom riches this way. “We would tell people that gold would absolutely double in value in the next one to two years and that the prospect would be able to rely on it making them far more money than any other investment vehicle.” (AARP 9). The most scams are gold coins in print or Broadcast as a result bIllions of dollars are scammed for each year. When a scammer is talking to you they might try to talk off-topic to distract you from the information they are