A North Carolina man's cell phone number was stolen and used for a student loan scam.

According to WWAY, one North Carolina man and his cell phone number have been at the center of a student loan scam.

The man, Jesse Hernandez from Brunswick County, had his cell phone number stolen, and that number has since been used to call hundreds of North Carolina residents in the hopes of stealing their money.

According to Hernandez, his cell phone number has been being used to target and trick people into paying off their student loans with the scammers. Apparently, the number was hacked via software and when targeted people call the number back, they get Hernandez on the other end.

Hernandez told WWAY that he has received more than 500 calls since his number was stolen by the scammers.

“To have a call and think ‘oh great, I’m going to pay off my student loans with this one lump sum.’ And then to find out it was a scam and they’re losing all this money that they could have put elsewhere.” Hernandez said.

Hernandez notified the police and the North Carolina Attorney General about the scam and his involvement in it. Unfortunately, the authorities informed Hernandez that there is not much they can do since the scammers are untraceable. Jesse Hernandez did change his voicemail so that potential victims can become aware of the situation when they call him back.

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If you are a student loan borrower be wary of any phone calls you receive that promise to reduce your student loan payments or forgive them entirely. Many times, scammers will ask for an upfront fee for a service such as negotiating a lower payment rate, but many of those servicers can be done for free through the federal government.

Student loan scams have become commonplace in the U.S., especially ones that take place over the phone or internet. Back in May, The Student Loan Report covered a story regarding a scam that would call future college students and inform them that they have been awarded $15,000 by the U.S. Grants Department. The scammers than informed the borrower that they had to purchase iTunes gift cards worth $200 to receive the money from the Grants Department.

Also in May, The Student Loan Report wrote a story regarding a New Jersey woman who was scammed on an online dating site after a man promised to give her $500 each month to help pay off her student loans if she gave him her personal banking information. The scam resulted in all of the woman’s allowance checks being bounced, while her bank account was overdrawn by $4,670.

Image Copyright © Jacqui Brown