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States » SouthPosted at: Feb 26 2025 11:31PM


Students as 'money mules': RBI plans financial literacy to impress youths

Thiruvananthapuram, Feb 26 (UNI) In view of students being increasingly used as 'money mules' for unlawful money laundering activities, the Reserve Bank of lndia has decided to conduct various financial awareness programmes for their benefit.
Students, falling prey to the unscrupulous financial fraudsters, have been booked or arrested by the police under the PMLA Act, causing untold miseries to their family.
As part of countrywide initiatives and innovative measures to promote financial literacy and impress the young minds, the FIDD has decided to conduct a magic show cum educational event on the theme of Financial Literacy.
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