Two men have been charged over a £1m email scam that took money from the bank accounts of hundreds of students.
Scotland Yard said students on government loans were sent phishing emails that lured them into revealing bank details that were then accessed.
Damola Olatunji, 26, of Hamsterley Avenue, Manchester, and Amos Mwangi, 25, of Rochdale Way, Deptford, London, face a charge of conspiracy to defraud.
They are due to appear at Westminster Magistrates' Court later.
Mr Olatunji is also charged with possession of an article for use in fraud.
Phishing is when a legitimate-looking email is sent in an attempt to gather personal and financial information from recipients.