SCARS Institute’s Encyclopedia of Scams™ Published Continuously for 25 Years
SCARS™ Scam Alert: New Scam Targeting Teens And Young Adults
There Is A Rise In A New Scam Targeting Teens And Young Adults – Especially In The United States & Canada
This extremely damaging scam mainly works when a fraudster takes advantage of a victim’s naivety and commits fraud in the victim’s name.
Though anyone can be targeted, we are seeing reports that the most common age range of victims are late-teens to young adults. This is thought to be because these groups generally have less of an income stream and are more susceptible to being tricked into giving their information for financial crimes or fraud in exchange for monetary payments or other benefits. In short, they simply do not know any better.
Here Are The Basics Of This Scam:
- A victim is approached by a stranger (or strangers) who offers them a chance to make money.
- The victim is given explicit instructions to open a checking/savings account with a credit union or bank and to give the stranger (fraudster) full access to this account.
- The victim is then assured that nothing illegal is going on and/or that they will not be held responsible for anything the fraudster does with the account information.
- With the account information that was provided to them, the fraudster commits fraud and money laundering in the target’s name.
- Though the target may believe they are not liable for the crimes perpetrated by the fraudster, the reality is that they could be held responsible since they willingly allowed someone to use their account.
- This could lead to jail time and/or heavy fines.
Beyond the legal troubles this will bring, giving away your personal information to someone you don’t know can lead to a host of personal/financial troubles (such as identity theft, for example) which can affect your credit for years to come. Since the most frequent victims of this type of fraud are young people, imagine how someone’s entire life can be altered by an incident like this.
Additionally, if this person is underage then the parents can also be financially liable for any losses. AND if the account is used to defraud others then the parents could be liable to the other victims for their financial losses.
The Best Way To Prevent This Type Of Fraud?
Fraud Specialists say vigilance and knowledge are key.
First, parents MUST talk to teens and young adults about how common fraud and scams are. Do not accept that the teen thinks that they know everything about the internet because they actually know very little. It is important to point out that their actions can affect the parents financially and criminally too!
Protecting Yourself And Your Family Is The First Critical Step
It sounds ridiculous, but no one is trustworthy online, unless you know them and verify them.
No untrusted sources should ever have access to any of your vital financial or personal information such as social security numbers, financial account numbers, or passwords used to access email or online banking.
Be sure to secure this information carefully and understand that willingly giving it to a fraudster could act as permission for them to commit crimes in your name.
Keep an eye out for yourself and others who might be targeted by manipulative scammers.
The money offered can often lead someone to go against their gut and make choices that they normally would not.
Providing awareness and education about this type of fraud is another way to help prevent it. Teach children who to trust when it comes to financial information, and visit your credit union or bank branch to introduce them to those who they can trust with their financial information.
The best way to fight fraud is to report it. When you are the victim of fraud or scams report it to the local police, the national police (such as the FBI, RCMP, etc.), and always report it to SCARS www.Anyscam.com for distribution everywhere!
Scams and Bank Fraud can happen to anyone, and there is nothing to be ashamed of. Quick, decisive action can save you pain in the long run. If you believe you have been the victim of fraud contact your local law enforcement and then ALSO report it to your financial institution(s) immediately.
Remember These Rules
The SCARS’ Scammer’s Star – How To Identify Fakes & Scammers
The SCARS’ Scammer’s Star – How To Identify Fakes & Scammers
TAGS: SCARS, Information About Scams, Anti-Scam, Scams, Scammers, Fraudsters, Cybercrime, Crybercriminals, Scam Victims, Financial Crime, Financial Scams, Bank Fraud, Money Laundering, Scammer Account Access
SCARS™ Team
Society of Citizens Against Relationship Scams Inc.
A Worldwide Crime Victims Assistance Nonprofit Organization
Visit: www.AgainstScams.org
Contact Us: Contact@AgainstScams.org
PLEASE SHARE OUR ARTICLES WITH YOUR FRIENDS & FAMILY
HELP OTHERS STAY SAFE ONLINE – YOUR KNOWLEDGE CAN MAKE THE DIFFERENCE!
REPORT-BLOCK-RECOVER
The Latest SCARS Posts:
FIND MORE SCAM NEWS
«SCAMCRIME.COM»
JOIN US ON FACEBOOK
«CLICK HERE»
END
MORE INFORMATION
– – –
Tell us about your experiences with Romance Scammers in our
« Scams Discussion Forum on Facebook »
– – –
FAQ: How Do You Properly Report Scammers?
It is essential that law enforcement knows about scams & scammers, even though there is nothing (in most cases) that they can do.
Always report scams involving money lost or where you received money to:
- Local Police – ask them to take an “informational” police report – say you need it for your insurance
- U.S. State Police (if you live in the U.S.) – they will take the matter more seriously and provide you with more help than local police
- Your National Police or FBI « www.IC3.gov »
- The SCARS|CDN™ Cybercriminal Data Network – Worldwide Reporting Network on « www.Anyscam.com »
This helps your government understand the problem, and allows law enforcement to add scammers on watch lists worldwide.
– – –
To learn more about SCARS visit « www.AgainstScams.org »
Please be sure to report all scammers
on « www.Anyscam.com »
Disclaimer:
SCARS IS A DIGITAL PUBLISHER AND DOES NOT OFFER HEALTH OR MEDICAL ADVICE, LEGAL ADVICE, FINANCIAL ADVICE, OR SERVICES THAT SCARS IS NOT LICENSED OR REGISTERED TO PERFORM.
IF YOU’RE FACING A MEDICAL EMERGENCY, CALL YOUR LOCAL EMERGENCY SERVICES IMMEDIATELY, OR VISIT THE NEAREST EMERGENCY ROOM OR URGENT CARE CENTER. YOU SHOULD CONSULT YOUR HEALTHCARE PROVIDER BEFORE FOLLOWING ANY MEDICALLY RELATED INFORMATION PRESENTED ON OUR PAGES.
ALWAYS CONSULT A LICENSED ATTORNEY FOR ANY ADVICE REGARDING LEGAL MATTERS.
A LICENSED FINANCIAL OR TAX PROFESSIONAL SHOULD BE CONSULTED BEFORE ACTING ON ANY INFORMATION RELATING TO YOUR PERSONAL FINANCES OR TAX RELATED ISSUES AND INFORMATION.
This content and other material contained on the website, apps, newsletter, and products (“Content”), is general in nature and for informational purposes only and does not constitute medical, legal, or financial advice; the Content is not intended to be a substitute for licensed or regulated professional advice. Always consult your doctor or other qualified healthcare provider, lawyer, financial, or tax professional with any questions you may have regarding the educational information contained herein. SCARS makes no guarantees about the efficacy of information described on or in SCARS’ Content. The information contained is subject to change and is not intended to cover all possible situations or effects. SCARS does not recommend or endorse any specific professional or care provider, product, service, or other information that may be mentioned in SCARS’ websites, apps, and Content unless explicitly identified as such.
The disclaimers herein are provided on this page for ease of reference. These disclaimers supplement and are a part of SCARS’ website’s Terms of Use.
Legal Notices:
All original content is Copyright © 1991 – 2020 Society of Citizens Against Relationship Scams Inc. (D.B.A SCARS) All Rights Reserved Worldwide & Webwide. Third-party copyrights acknowledge.
SCARS, SCARS|INTERNATIONAL, SCARS, SCARS|SUPPORT, SCARS, RSN, Romance Scams Now, SCARS|INTERNATION, SCARS|WORLDWIDE, SCARS|GLOBAL, SCARS, Society of Citizens Against Relationship Scams, Society of Citizens Against Romance Scams, SCARS|ANYSCAM, Project Anyscam, Anyscam, SCARS|GOFCH, GOFCH, SCARS|CHINA, SCARS|CDN, SCARS|UK, SCARS|LATINOAMERICA, SCARS|MEMBER, SCARS|VOLUNTEER, SCARS Cybercriminal Data Network, Cobalt Alert, Scam Victims Support Group, are all trademarks of Society of Citizens Against Relationship Scams Inc., All Rights Reserved Worldwide
Contact the law firm for the Society of Citizens Against Relationship Scams Incorporated by email at legal@AgainstScams.org
-/ 30 /-
What do you think about this?
Please share your thoughts in a comment below!
Table of Contents
- There Is A Rise In A New Scam Targeting Teens And Young Adults – Especially In The United States & Canada
- Here Are The Basics Of This Scam:
- The Best Way To Prevent This Type Of Fraud?
- Protecting Yourself And Your Family Is The First Critical Step
- Remember These Rules
- Ethereum ETHM Token Trap and Pig Butchering Scams – 2026
- New U.S. Law – S.3643 – 118th Congress – Will Dramatically Impact Scammers and Terrorists – 2026
- How Scam Survivors Can Survive Valentine’s Day – 2026
- U.S. Veterans Benefits Scams – 2026
- New AI Voice Cloning Phone Scams – 2026
- An Essay on Justice and Money Recovery – 2026
- Tell us about your experiences with Romance Scammers in our
« Scams Discussion Forum on Facebook » - FAQ: How Do You Properly Report Scammers?
- Please be sure to report all scammers
on « www.Anyscam.com »
Rapid Report Scammers
In the U.S. & Canada
U.S. & Canada Suicide Lifeline 988
LEAVE A COMMENT?
Recent Comments
On Other Articles
- Arwyn Lautenschlager on Love Bombing And How Romance Scam Victims Are Forced To Feel: “I was love bombed to the point that I would do just about anything for the scammer(s). I was told…” Feb 11, 14:24
- on Dani Daniels (Kira Lee Orsag): Another Scammer’s Favorite: “You provide a valuable service! I wish more people knew about it!” Feb 10, 15:05
- on Danielle Delaunay/Danielle Genevieve – Stolen Identity/Stolen Photos – Impersonation Victim UPDATED 2024: “We highly recommend that you simply turn away form the scam and scammers, and focus on the development of a…” Feb 4, 19:47
- on The Art Of Deception: The Fundamental Principals Of Successful Deceptions – 2024: “I experienced many of the deceptive tactics that romance scammers use. I was told various stories of hardship and why…” Feb 4, 15:27
- on Danielle Delaunay/Danielle Genevieve – Stolen Identity/Stolen Photos – Impersonation Victim UPDATED 2024: “Yes, I’m in that exact situation also. “Danielle” has seriously scammed me for 3 years now. “She” (he) doesn’t know…” Feb 4, 14:58
- on An Essay on Justice and Money Recovery – 2026: “you are so right I accidentally clicked on online justice I signed an agreement for 12k upfront but cd only…” Feb 3, 08:16
- on The SCARS Institute Top 50 Celebrity Impersonation Scams – 2025: “Quora has had visits from scammers pretending to be Keanu Reeves and Paul McCartney in 2025 and 2026.” Jan 27, 17:45
- on Scam Victims Should Limit Their Exposure To Scam News & Scammer Photos: “I used to look at scammers photos all the time; however, I don’t feel the need to do it anymore.…” Jan 26, 23:19
- on After A Scam, No One Can Tell You How You Will React: “This article was very informative, my scams happened 5 years ago; however, l do remember several of those emotions and/or…” Jan 23, 17:17
- on Situational Awareness and How Trauma Makes Scam Victims Less Safe – 2024: “I need to be more observant and I am practicing situational awareness. I’m saving this article to remind me of…” Jan 21, 22:55
ARTICLE META
Important Information for New Scam Victims
- Please visit www.ScamVictimsSupport.org – a SCARS Website for New Scam Victims & Sextortion Victims
- Enroll in FREE SCARS Scam Survivor’s School now at www.SCARSeducation.org
- Please visit www.ScamPsychology.org – to more fully understand the psychological concepts involved in scams and scam victim recovery
If you are looking for local trauma counselors please visit counseling.AgainstScams.org or join SCARS for our counseling/therapy benefit: membership.AgainstScams.org
If you need to speak with someone now, you can dial 988 or find phone numbers for crisis hotlines all around the world here: www.opencounseling.com/suicide-hotlines
A Note About Labeling!
We often use the term ‘scam victim’ in our articles, but this is a convenience to help those searching for information in search engines like Google. It is just a convenience and has no deeper meaning. If you have come through such an experience, YOU are a Survivor! It was not your fault. You are not alone! Axios!
A Question of Trust
At the SCARS Institute, we invite you to do your own research on the topics we speak about and publish, Our team investigates the subject being discussed, especially when it comes to understanding the scam victims-survivors experience. You can do Google searches but in many cases, you will have to wade through scientific papers and studies. However, remember that biases and perspectives matter and influence the outcome. Regardless, we encourage you to explore these topics as thoroughly as you can for your own awareness.
Statement About Victim Blaming
SCARS Institute articles examine different aspects of the scam victim experience, as well as those who may have been secondary victims. This work focuses on understanding victimization through the science of victimology, including common psychological and behavioral responses. The purpose is to help victims and survivors understand why these crimes occurred, reduce shame and self-blame, strengthen recovery programs and victim opportunities, and lower the risk of future victimization.
At times, these discussions may sound uncomfortable, overwhelming, or may be mistaken for blame. They are not. Scam victims are never blamed. Our goal is to explain the mechanisms of deception and the human responses that scammers exploit, and the processes that occur after the scam ends, so victims can better understand what happened to them and why it felt convincing at the time, and what the path looks like going forward.
Articles that address the psychology, neurology, physiology, and other characteristics of scams and the victim experience recognize that all people share cognitive and emotional traits that can be manipulated under the right conditions. These characteristics are not flaws. They are normal human functions that criminals deliberately exploit. Victims typically have little awareness of these mechanisms while a scam is unfolding and a very limited ability to control them. Awareness often comes only after the harm has occurred.
By explaining these processes, these articles help victims make sense of their experiences, understand common post-scam reactions, and identify ways to protect themselves moving forward. This knowledge supports recovery by replacing confusion and self-blame with clarity, context, and self-compassion.
Additional educational material on these topics is available at ScamPsychology.org – ScamsNOW.com and other SCARS Institute websites.
Psychology Disclaimer:
All articles about psychology and the human brain on this website are for information & education only
The information provided in this article is intended for educational and self-help purposes only and should not be construed as a substitute for professional therapy or counseling.
While any self-help techniques outlined herein may be beneficial for scam victims seeking to recover from their experience and move towards recovery, it is important to consult with a qualified mental health professional before initiating any course of action. Each individual’s experience and needs are unique, and what works for one person may not be suitable for another.
Additionally, any approach may not be appropriate for individuals with certain pre-existing mental health conditions or trauma histories. It is advisable to seek guidance from a licensed therapist or counselor who can provide personalized support, guidance, and treatment tailored to your specific needs.
If you are experiencing significant distress or emotional difficulties related to a scam or other traumatic event, please consult your doctor or mental health provider for appropriate care and support.
Also read our SCARS Institute Statement about Professional Care for Scam Victims – click here to go to our ScamsNOW.com website.
Thank you for your comment. You may receive an email to follow up. We never share your data with marketers.