{"id":3152,"date":"2018-10-11T19:35:50","date_gmt":"2018-10-11T19:35:50","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/alarming-rise-in-under-21s-falling-victim-to-fraud\/"},"modified":"2018-10-11T19:35:50","modified_gmt":"2018-10-11T19:35:50","slug":"alarming-rise-in-under-21s-falling-victim-to-fraud","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/alarming-rise-in-under-21s-falling-victim-to-fraud\/","title":{"rendered":"&#8216;Alarming&#8217; rise in under 21s falling victim to fraud"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Young woman with lap top and card\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/7F62\/production\/_103801623_gettyimages-836212816-1.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">More and more youngsters under the age of 21 are falling victim to money scams, according to the anti-fraud organisation Cifas.<\/p>\n<p>In the first nine months of the year, it said, 3,527 young people had experienced identity fraud, an increase of 24% on 2017.<\/p>\n<p>Most of the cases involved debit, credit and store cards.<\/p>\n<p>They include instances where criminals have applied to banks to get the cards issued in false names.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-43897614\" class=\"story-body__link\">&#8216;I was a teenage money mule&#8217;<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/education-44153754\" class=\"story-body__link\">&#8216;Sharenting&#8217; is a risk to young people<\/a><\/li>\n<\/ul>\n<p>&#8220;Our new figures are alarming to say the least,&#8221; said Mike Haley, the chief executive officer of Cifas.<\/p>\n<p>&#8220;For all of us, as parents, teachers, and responsible citizens, we have a duty to ensure we&#8217;re taking every opportunity to educate young people on the dangers of becoming a fraud victim &#8211; and equally, a perpetrator of fraud.&#8221; <\/p>\n<p>In most cases, the banks usually accept liability where individuals have not been negligent.<\/p>\n<h2 class=\"story-body__crosshead\">Prison sentences<\/h2>\n<p>The Cifas figures also indicate a rise in the number of youngsters becoming so-called money mules.<\/p>\n<p>In the first nine months of 2018, as many as 9,636 people under the age of 21 agreed that criminals could use their bank account to launder cash.<\/p>\n<p>That was a 26% increase on the same period in 2017.<\/p>\n<p>Sometimes the young people are told to move the money electronically, and sometimes they are asked to withdraw cash before passing it on in person.<\/p>\n<p>The offence can carry a prison sentence of up to 14 years. Alternatively, individuals can be denied the use of a bank account for up to six years.<\/p>\n<p>Cifas is now calling on the banks to do more to warn young people about the dangers of such fraud.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45809718\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images More and more youngsters under the age of 21 are falling victim to money scams, according to the anti-fraud organisation Cifas. In the first nine months of the year, it said, 3,527 young people had experienced identity fraud, an increase of 24% on 2017. Most of the cases involved debit, credit &hellip; <\/p>\n","protected":false},"author":0,"featured_media":3153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=3152"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/3153"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=3152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=3152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=3152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}