2024 Abrigo Fraud Survey: 61% of Americans Still Write Checks and Millions Fall Victim to Check Fraud
Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:
- Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:
Just over half (51%) of check fraud victims had been targeted two or more times. - The survey also found that small business owners more often were victims of financial fraud than others, with 57% reporting they’ve been targeted.
- They also dealt with more check fraud too: 60% of small businesses experiencing check fraud reported two or more instances.
- The survey revealed that small businesses have a greater awareness of check fraud technology (66%) than the general population.