Glitch at ATM Triggers Citywide Scam Involving Teen Employment Initiative

Posted in

August 23, 2025

Glitch at ATM Triggers Citywide Scam Involving Teen Employment Initiative

This week’s episode of Slate Money delves into the recent ATM scam in New York City, which unexpectedly involved teenagers from a summer job program. Hosts Felix Salmon, Elizabeth Spiers, and Emily Peck discuss the scam’s mechanics, its repercussions, and the irony of a financial literacy initiative leading to real-world pitfalls. The episode also explores Yieldstreet’s ambition to democratize private investing amidst its challenges, alongside a critique of a Wall Street Journal opinion piece advocating for youth sacrifices in pursuit of wealth. For deeper insights, listeners can subscribe to Slate Plus for access to bonus content and ad-free episodes across all Slate podcasts.

Original source:

https://slate.com/podcasts/slate-money/2025/08/business-atm-glitch-new-york-city-scam-teen-work-program-yieldstreet-investments-gen-z

Glitch at ATM Triggers Citywide Scam Involving Teen Employment Initiative

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