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It might be hard to believe, but the world of financial scams seems to have a surprising gender twist. Out of all Americans dealing with identity theft and financial fraud stress, it’s the guys who seem to be getting the shorter end of the stick.

In a recent survey conducted by GOBankingRates, intriguing statistics come to light: While 39% of Americans have faced the dreaded trio of financial woes, the data dances with a gender tilt. Among the scam victims, a chunky 40% are men, slightly nudging ahead of women at 38%.

https://products.gobankingrates.com/pub/70999a1e-3489-11ed-9a44-0a919b37cd73?targeting%5Bcategory%5D=money&targeting%5Bsubcategory%5D=finance&targeting%5Bkeyword%5D=&targeting%5Btags%5D=&targeting%5Binternal_id%5D=1859670&targeting%5Bcurrent_internal_id%5D=1241577&targeting%5Bpagetype%5D=article&targeting%5Bpage_layout%5D=user-first&targeting%5Benv%5D=&targeting%5Btheme%5D=keep-your-money-safe&targeting%5Bzone%5D=01&resize=1&referrer=https%3A%2F%2Fnews.google.com%2F&targeting[lp_slug]=men-are-more-likely-to-lose-cash-to-scammers-what-women-are-doing-to-protect-themselves&source=gbr&version=5.159.0&targeting[ca]=&targeting[cbm]=&targeting[ced]=&targeting[costid]=&targeting[csd]=&targeting[ct]=&targeting[utm_article]=&targeting[utm_campaign]=&targeting[utm_content]=&targeting[utm_medium]=&targeting[utm_source]=&targeting[utm_term]=&pub_inventory=&referral_internal_id=&subid=&vendor_click_id=&ident=0.8578677429855084_frame&targeting[rand]=a

Keep reading as we dive into the web of financial deception and the ways men are getting into the web of scams. We will also explore the savvy moves women are making to shield their finances and protect themselves against those money-hungry culprits.

Identity Theft: An Equal Challenge

Financial identity theft — stolen credit cards, bank information and even Social Security numbers — is a familiar issue for both men and women. This type of identity theft takes the lead, affecting 31% of both women and men.

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