This is the 2nd in our 11-part series of articles posted curtesy of Sunrise MarketPlace and Marketplace at Birdcage to educate our community on Covid-19 Scams. This series is meant to help you identify the different scams and not fall victim to any of them.
During a pandemic, individuals may be laid off or moved to a remote working status. Work-from-home scams are at an all-time high due to the number of people looking to make extra money. Often, people are lured in by ads that promote work-at-home businesses; however, most of the advertised jobs are scams. The most common work-at-home scams include:
Assembly or craft work.
Many of the jobs look legitimate, with scammers impersonating well-known retailers and requiring little skill from applicants. The Better Business Bureau (BBB) found that employment scams are on the rise, with an average exposure of 7.5%. Additionally, 32% of scammers used the employment platform Indeed, making these fake job listings hard to identify.
How to Spot
While identifying these scams can be difficult, there are ways to identify fake job offers. Common signs include:
A job offer you did not apply for.
A job that is too good to be true regarding compensation.
A job that does not require an interview.
A job with vague or no requirements.
An employer that shows unprofessional conduct or communication.
An employer that solicits confidential information.
And a job that makes you pay for something.
If you have encountered these types of postings, it is important to keep a few things in mind as you navigate the opportunity. First, be sure to research the company the job is supposedly for. Look up their website and their social media profiles and learn what other people are saying about them. If there is a scam going on, people are sure to report it. Second, it is important to use common sense and not let emotions cloud your judgment. A work-from-home job is not easy to find, so it is understandable when you come across one that seems legitimate to jump on the opportunity. However, you should take the time to thoroughly read and judge the job posting. Unfortunately, if it is too good to be true, it usually is.
How to Report The FTC is the main agency that collects scam reports. By using the FTC Complaint Assistance, you can choose the right category to submit your complaint to, fill out the form, and print a copy for your records. Additionally, if you have given bank records or any other personal information, it is important to let your bank and credit card company know and consider placing a freeze on those accounts.
Each article within the Series will be posted every-other-day, so you do not have to wait long in-between articles. The next posting coming up is under the topic of “Investment Scams.”