Students heading off to university this year must be vigilant against the threat of scams, with fraudsters already gearing up to steal their hard-earned cash, according to a new warning from Lloyds Bank. Criminal gangs are constantly looking for new victims to exploit, and young students, who may be moving away from home and living independently for the first time, can be much more vulnerable to the threat of financial scams.
Liz Ziegler, Retail Fraud & Financial Crime Director, Lloyds Bank, said: “Heading off to university is always an exciting time, with the promise of more independence, the chance to make new friends, and dreams of your future. But with criminals constantly on the lookout for new ways to trick victims out of their cash, student life can quickly turn into a nightmare if you don’t keep your guard up against the threat of fraudsters.
“While your bank will be working hard in the background to keep your money safe, it’s important you also take steps to protect yourself.”
