Why Women Fall Victim to Financial Scams More Often Than Men
Targeted Scams – Fraudsters specifically design scams to exploit women’s financial habits, emotions, and trust
Lower Financial Literacy – Women often have less exposure to investment strategies, making them more vulnerable to deceptive schemes
Trust & Relationship-Based Fraud – Scammers exploit emotional connections, using romance or social trust to manipulate women into financial traps
Over-Reliance on Recommendations – Many women depend on advice from friends, family, or influencers, increasing exposure to fraudulent schemes
Fear of Confrontation – Women may hesitate to question or challenge financial offers, making them easier targets for scammers
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