Technocrime and student victimization: An empirical analysis of cryptocurrency fraud in Multan

Noman   Nadeem; Dr. Ahmad  Saad; Zeeha   Aslam; Zohaa   Naveed

doi:10.71085/sss.04.02.256

Authors

Noman Nadeem BS Research Scholar, Department of Criminology, NFC Institute of Engineering & Technology, Multan, Punjab, Pakistan Author
Dr. Ahmad Saad Assistant Professor, Department of Criminology, NFC Institute of Engineering & Technology, Multan, Punjab, Pakistan Author
Zeeha Aslam BS Research Scholar, Department of Psychology, Government College University, Lahore, Punjab, Pakistan Author
Zohaa Naveed BS Research Scholar, Department of Human Nutrition & Dietetics, Riphah International University, Gulberg Greens Campus, Islamabad, Pakistan Author

DOI:

https://doi.org/10.71085/sss.04.02.256

Keywords:

Technocrime, Fake Cryptocurrency Exchanges, Student Victimization, Digital Financial Literacy, Multan

Abstract

The purpose of this study is to assess this form of technocrime and identify the misinformation gaps to restrict area suggestions, educational offer frameworks, and legislative proposals aimed at advancing the digital financial literacy of prospective young investors. The research aims to highlight how these scams affect multilateral financial inclusion, economic empowerment, and a reliable digital financial ecosystem. These schemes are targeted at university students who possess low financial literacy and are lured by the prospects of easy money, which endanger their lives in the long run. This descriptive research is based on an online survey conducted among students of Multan, using simple random sampling, collected through an online survey. The study will analyze the relationship between financial literacy and victimization in order to test the hypothesis that those with lower literacy are more susceptible. The research will also look into the disinformation marketing and recruitment strategies on social media and other Internet platforms regarding cryptocurrency. The study aids in accomplishing SDG 8: Decent Work and Economic Growth within the context of Pakistan’s digital economy. This research helps to understand the contribution of technocrime to the obstacles of financial inclusion and helps to develop a stronger digital economic infrastructure proposal.

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