More millennials lost money to scams than their grandparents did last year.  According to a new report from the Federal Trade Commission 40% of Americans in their 20’s fell for some kind of fraud last year, versus 18% of people over 70.

But older people who fell for the scams lost more money. The average fraud victim in their 70’s lost $621. The average fraud victim in their 20’s lost $400.

Here are some tips to watch out for so you don’t get scammed:

1. Spot imposters: Scammers often pretend to be someone you trust, like a government official, a family member, a charity or a company you do business with. Don’t send money or give out personal information in response to an unexpected request — whether it comes as a text, a phone call, or an email.
2. Do online searches: Type a company or product name into your favorite search engine with words like “review,” “complaint” or “scam.”
3. Don’t believe your caller ID: Technology makes it easy for scammers to fake caller ID information, so the name and number you see aren’t always real.
4. Don’t pay upfront for a promise. Someone might ask you to pay in advance for things like debt relief, credit and loan offers, mortgage assistance or a job. They might even say you’ve won a prize, but first you have to pay taxes or fees. If you do, they will probably take the money and disappear.
5. Consider how you pay. Credit cards have significant fraud protection built in, but some payment methods don’t. Wiring money through services like Western Union or Money Gram is risky because it’s nearly impossible to get your money back. That’s also true for re-loadable cards like MoneyPak, Reloadit or Vanilla. Government offices and honest companies won’t require you to use these payment methods.
6. Talk to someone: Before you give up your money or personal information, talk to someone you trust. Con artists want you to make decisions in a hurry. They might even threaten you. Slow down, check out the story, do an online search, consult an expert — or just tell a friend.
7. Hang up on robocalls. If you answer the phone and hear a recorded sales pitch, hang up and report it to the FTC. These calls are illegal, and often the products are bogus. Don’t press 1 to speak to a person or to be taken off the list. That could lead to more calls.
8. Be skeptical about free trial offers. Some companies use free trials to sign you up for products and bill you every month until you cancel. Before you agree to a free trial, research the company and read the cancellation policy. And always review your monthly statements for charges you don’t recognize.
9. Don’t deposit a check and wire money back. By law, banks must make funds from deposited checks available within days, but uncovering a fake check can take weeks. If a check you deposit turns out to be a fake, you’re responsible for repaying the bank.
10. Sign up for free scam alerts from the FTC at ftc.gov/scams. Get the latest tips and advice about scams sent right to your inbox.

There are more and more scammers each year targeting people of all ages. The most successful scams were fake debt collectors.  Identity theft, which includes credit card and tax fraud, was second-most successful.