Action Fraud says the allegations around the scam have been reported and it is investigating.
Students are being warned about remaining vigilant against fraud online after an undergraduate said she was scammed by an operation based in Manchester using Snapchat.
Action Fraud is investigating after a student lost more than £2,500 after being approached on the social media app by someone purporting to be from Student Finance England saying it was possible to have her student loan increased if a processing fee was made.
The student finance body has also put out a warning that people at university need to be careful when online and being approached about financial matters, including specific instructions not to engage with people about money on Snapchat.
What does the undergraduate say happened?
An undergraduate, who we are not naming, approached ManchesterWorld to say that while she was on Snapchat she added someone who said he was from Student Finance England. She was told that she could increase the amount she was receiving to support her during her studies but there would be a fee for processing it.
After she had agreed to this the account proceeded to get hold of her card details during the process of getting the fee payment across to him via the bank. Instead of sending back the increased amount of money that had been promised the student then found that almost £2,700 had been taken from her bank account to be spent on various transactions.
ManchesterWorld has seen evidence…
