Job-Related Scams

Job-related crypto scams are fraudulent schemes where scammers pose as legitimate employers or recruiters to deceive individuals into sending cryptocurrency or providing sensitive financial information. These scams often involve fake job offers for positions that promise high pay for minimal work, frequently in the crypto or blockchain industry.

Generic Job Postings

Job scams are common on websites such as Craigslist and others where people can post job listings. These Craigslist job scammers will frequently post a generic part-time work from home assistant position or something similar.

The “company” will send you funds via check, cash, or direct bank wire, after which they will ask you to withdraw the majority of that in cash and send it back to them or someone else as BTC, allowing you to keep the remainder as your “pay.” The scammers may even present legal documents for the business.

The victim may be asked to, as part of their daily tasks, receive funds from “customers” and convert these to cryptocurrency via ATMs in their name for their “employer”

  • Under no circumstances should you use your personal bank account or cryptocurrency accounts to conduct business on behalf of a company.
  • Inform local authorities as soon as possible about these requests, as they typically represent illicit proceeds laundering.
  • Never cash a check from someone you don’t know who wants you to buy Bitcoin or crypto.

International Accounts

A scammer will post an advertisement claiming to work for a foreign company in need of a domestic bank account. They will “hire” you to open a domestic account on their behalf, into which funds will be deposited (supposed revenue for the business). You are then instructed to withdraw some of the funds and send them to the owner via Bitcoin.

Job Materials and Agency Fees

Someone claims you owe them Bitcoin for “job materials” they purchased for you or to cover application or hiring fees. These costs are strong indicators of fraud, especially when combined with the specific request for any kind of cryptocurrency. The “employer” can say that this is part of some sort of “trust test” to work at the company.

It could also be a job agency or modeling/talent agency asking you to pay fees in the form of Bitcoin for work they’ve booked you for.

Avoiding Job Scams

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