Students across Britain are being warned to stay safe online after a spate of phishing e-mails from fraudsters aimed at stealing their first loan payment. Half-a-million students are set to start university in the coming weeks, while those in their second and final years will also return, and cunning scammers know thousands of pounds will soon hit most of their accounts (Source: Funding Zest). The fraudulent emails usually claim that failure to respond with personal information updates will see students lose or delay their September finance payment, a nightmare scenario for most.
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ORIGINAL SOURCE: This is Money