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Advice for Young People

Welcome to our advice page for young people. This page provides a resource for you to find out more information about fraud and scams.

Get the right help if you are a victim or if you feel you have become involved in fraud.

How can I protect myself from fraud?

Firstly - what is fraud? Fraud is wrongful or criminal deception intended to result in financial or personal gain. 

For example - applying for a mobile phone contract and lying about yourself on the application i.e. how much you earn or your address history would be considered fraudulent conduct. 

Another example might be if somebody used your identity and other personal information to take out a loan or account in your name.

It can also involve things like letting somebody use your bank account to move money about in return for a fee or other benefit.  

So how can you protect yourself?

How would I be approached to commit fraud?

Criminals often approach young people via social media and offer them money and gifts in exchange for carrying out fraudulent activity. They may not ask you to undertake fraudulent activity straight away though, they may work to gain your trust before asking you to allow your bank account to be used by them or opening a financial product or service to be used by somebody else. It can be tempting to get involved when money and gifts are being offered however you shouldn’t as fraud is an illegal activity.

However, lots of young adults are not aware of this problem and so are likely to be too trusting and naïve if they are targeted by fraudsters.

These techniques can progress to blackmail and threatening or intimidating behaviour if the person tries to refuse or back out of the agreement.

What happens if I commit fraud?

First of all, don't panic! While there are serious consquences to commiting fraud it is important to know that there is support available. 

Being involved in fraudulent activity is illegal and carries consequences including being filed to the Cifas National Fraud Database for up to 6 years and depending on the severity of the fraud the potential to be reported to the Police. If you are filed to the Cifas National Fraud Database then you may have difficulty bank accounts and other financial services such as credit cards, loans, mortgages and finance as well as insurance policies. It can also affect your employment opportunities.

How do I start a conversation with a trusted adult?

If you have been approached to be involved in fraudulent activity or have been a victim of fraud, you may want to speak to a trusted adult to seek their advice or support. Sometimes it can be hard to know how to reach out for help or how to start that conversation. Childline have set out some information and advice on how to ask an adult for help. Click here to read their advice.

What support is there if I am victim of fraud?

There are lots of places you can go to for support. we have outlined some of them below.

If you have been the victim of fraud and want to talk to somebody about how you are feeling then you can contact:

For parents there are support services available such as:

Helpful resources and support

It may feel tempting to commit fraud or other financial crime when money is tight. Fraud is illegal and can carry heavy consequences so instead, look into the resources below for support and guidance.

 

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