Teens targeted for scams
It's not just the elderly being drawn into fraud. Young people are also increasingly prey for financial crime, according to a Federal Reserve report.
It's not just the elderly being drawn into fraud. Young people are also increasingly prey for financial crime, according to a Federal Reserve report.
BELLINGS Intelligence Score: 12
Why it matters
While the Federal Reserve report highlighting teens as targets for scams is noteworthy for awareness, it represents routine regulatory and consumer protection activity without immediate systemic or market impact.
Sources
Payments Dive
Teens targeted for scams
It's not just the elderly being drawn into fraud. Young people are also increasingly prey for financial crime, according to a Federal Reserve report.