22 August 2014
The students are being persuaded to take out mobile contracts, and then sell the phones on to another company.
They are promised an income from the phone as well. But more often than not they end up being liable for the new user's debts.
One student ended up owing £10,000, according to police.
BBC Radio 4's You and Yours programme has found the scam has affected at least a dozen universities, and police are investigating at least 350 cases where students have lost money.
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