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Fraudsters are capitalizing on a tough economic climate to target young people online, offering cash in exchange for laundering funds.One in five “money mule” cases in the UK in the first six months of this year involved people aged under 21, according to data from Cifas, the fraud prevention agency.
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“Younger people are being targeted . . . There’s a bigger cost for the criminal of persuading older people,” said Mike Haley, chief executive of Cifas. He said individuals were largely approached through online platforms such as TikTok and Instagram.
https://www.ft.com/content/a49c366c-3bc5-4bbf-a22c-ac41e6e0c423
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