Scam-Proof Your Brain (Part 2): Digital Scams

In Part 2 of our "Scam-Proof Your Brain" series, we examine three digital scams that disproportionately affect teens: online shopping fraud, imposter scams, and cryptocurrency investment schemes.Mahima explores the phenomenon of perceived financial success in cryptocurrency, highlighting how social media influences investment behaviors and contributes to fraudulent activities by exploiting herding behavior. The episode also discusses other digital scams exploiting present bias and authority bias.  Episode references peer-reviewed research from the University of Rhode Island, Harvard Medical School, the National Institutes of Health, and the University of Vaasa.