With the development of the Internet, college students suffer from network fraud in many layers, which has aroused widespread concern in the society. Based on the questionnaire survey data of the current situation of college students suffering from online fraud in financial and economic colleges, this paper uses structural equation model to analyze the relationship between social experience, prevention awareness and college students suffering from online fraud. The study found that: (1) social experience not only has a significant direct effect on college students suffering from online fraud, but also has an indirect impact on college students suffering from online fraud through the pursuit of economic independence. (2) Prevention awareness has no significant direct effect on college students suffering from online fraud. Personal information protection plays a complete intermediary role between prevention awareness and college students suffering from online fraud. Based on the research results, it is proposed to strengthen the ideological and political education of college students, improve the awareness of risk prevention, build a long-term mechanism and link the comprehensive management of departments to prevent college students from suffering from online fraud and promote the healthy growth of college students.
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