22/06/2026
UK Student Scams EXPOSED 🇬🇧 | COS Fraud, Insurance Scams, Accommodation Fraud & Money Laundering
Thinking of studying abroad in the UK? This podcast uncovers the scams targeting international students in the UK and explains how these fraud networks operate.
In this episode, Shonu breaks down real cases involving student consultancy scams, COS scams, bike and car insurance fraud, accommodation scams, phone-selling scams, currency exchange fraud, and the risks of unknowingly becoming involved in money laundering activities.
We also discuss:
• How the COS scam works step-by-step
• How scammers target international students
• Why many victims never report fraud
• The role of FIRs and legal action
• Whether complaints filed in India impact cases in the UK
• Common student accommodation scams
• Insurance scams involving bikes and cars
• INR-to-GBP exchange fraud schemes
• Money laundering risks for students
• Legal options available for victims
Guest: Shonu
Youtube : https://www.youtube.com//videos
instagram : https://www.instagram.com/iamshonu_/
Host: Sarika
For legal help : https://www.gov.uk/government/organisations/hm-revenue-customs
Timestamps:
00:00 Disclaimer
00:26 Introduction
01:15 Scams with international students
02:00 Guest introduction
03:25 What is a student consultancy scam?
05:45 The COS scam story
08:45 How exactly does the scam work?
11:06 Calculation of the scam
12:10 What is happening currently regarding this scam?
13:58 How does the FIR work?
16:03 Do the victims need to complain?
17:40 Does the FIR in India result in any impact in the UK?
20:00 The logistics of cash
20:43 Other similar scams
21:08 Bike and car insurance scam
23:30 More scams
26:47 Why don’t students complain to authorities?
29:30 Phone selling scams
31:30 Pounds with INR exchange scam
33:20 How do these group chats operate?
33:54 Student accommodation scam
36:45 Money laundering
42:50 Legal help
43:00 Final thoughts
⚠️ Important:
This video is for educational and awareness purposes only. Always verify employers, consultants, accommodation providers, insurance providers, and financial transactions before making any payments.
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