Scams and Risks

 

A scam is a scheme designed to con you out of your money.  A scam can be via post, telephone, email, text message, website or even a visit to your home and can be disguised as a lottery win, prize draw, job offer or anything else.

This page will help you understand some of the larger scams and risks that are targeted at students and gives advice on how to avoid them.

International students may be contacted by someone claiming to work with the police, immigration officials (e.g. the Home Office) or international courier services. Callers may claim that they have evidence the student is involved in illegal activity or say that tax needs to be paid on a package. They will request that you send money and/or personal details and if you don't you will face negative consequences (such as deportation).

It is important never to give out your personal information such as bank details or money to an unknown caller. Especially if they refer to activity that you were not involved in or know nothing about. If you believe you are a target of such a scheme please report it to the University immediately.

Scams

You see a job advert for a 'Payment Processing Agent' or 'Financial Manager' but with no real skills or experience required - all you need is a UK bank account. Money is then transferred into your account, and you are asked to transfer this onwards for a small commission.

This could be for the purpose of money laundering, which could lead to you being convicted - whether you knew what you were doing was illegal or not!

It's important to be aware of the dangers of money laundering, or acting as a money mule, and to not be fooled by offers of quick cash. If caught:

• Your bank account will be closed.

• You will find it hard to access further student loans.

• It will be difficult to get a phone contract.

• You will have problems applying for credit.

• You could go to prison for up to 14 years.

Learn more here from our Careers Service
 

Fees

You are unexpectedly contacted by someone who claims that they work in stockbroking or a similar professions, and they have all your details. They offer you an opportunity to invest a sum of money (e.g. £750) and in return, they will pay off the full amount of your tuition or accommodation fees.

They also offer you a guarantee - you don't need to pay the investment amount until you are satisfied your fees have been paid off and you are encouraged to go online to check.

You log in and yes! The fees have been paid... however a couple of weeks later the bank contacts the University saying that the payment was made with a stolen card and YOU are liable to pay.

Never share your (or your friends') contact details or log in information with anyone.

If you decide to purchase something over the internet, ensure you trust the seller. Students regularly buy and sell event tickets online amongst other things. Whatever you are buying, do not hand over your money unless you are sure you will receive the product in return.

Many Facebook groups list known scammers so this is worth checking out. Other signs of a fake account are having few friends, no mutual friends or having joined recently. 

Don't be fooled

For more information regarding the risks related to money laundering, visit: www.moneymules.co.uk/index.html.

Phishing

Phishing is the name for an email or text that tries to trick you in to giving out personal information, or visiting fake websites. Responding to a phishing attack can:
  • Release your personal details to someone who may use them fraudulently
  • Encrypt your files and folders, demanding that a 'ransom' fee be paid to revert the damage
  • Stop your computer from working completely

* Be aware that phishing scams often target students around the three loan instalment periods in September, January and April. *

For advice on practical steps to spot a phishing scam visit this GOV.UK Page 

For official advice from the University's IT Service, visit this page.

Blackmail

The Home Office will never contact you asking for money or threatening deportation.

You do not need to provide your next of kin details at an interview. If you are asked for these details and your interview is filmed, please contact us as soon as possible.

Be wary of how much information you share (including photos) with online friends that you may not have met in person - no matter how genuine they seem.

If you, or your friends and family, are contacted with demands for money for any reason, please report this to the police and the Unviersity immediately.

Problem gambling

 Another underacknowledged risk that students face is problem gambling, should this affect you it's important to feel comfortable accessing support, and there is information available about organisations that can help below: