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Wednesday, May 1, 2024

Scam of the day – May 2, 2024 – Job Scams Targeting College Students

Many people, particularly college students are now looking for Summer jobs and scammers are taking advantage of this situation. Merely because a company posting an online job advertisement may be one that you are familiar with doesn't mean that the adver…
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Scam of the day – May 2, 2024 – Job Scams Targeting College Students

Steven Weisman, Esq.

May 1

Many people, particularly college students are now looking for Summer jobs and scammers are taking advantage of this situation. Merely because a company posting an online job advertisement may be one that you are familiar with doesn't mean that the advertisement to which you may be responding was placed by the actual company.  Always check with the actual company by phone to confirm any job openings and advertisements.

Even if a company is listed by a legitimate online employment agency does not mean that the company advertising online with them is legitimate.  Many of the scammers posing as potential employers or employment services will ask for upfront application fees which when paid by the job applicant leave the victim of the scam without a job and being cheated out of their money.  Scammers also will ask for your Social Security number and bank account information so that they can directly deposit your salary check into your bank account, however, they are really seeking your Social Security number to make you a victim of identity theft and your bank account number so they can drain your account.

In another employment scam students are contacted through their email with an extremely attractive job offer. Often the email may appear to come from one of the student's professors whose email account was hacked. When the student accepts, the scammer sends an official appearing check to the student who is told to deposit the check into the student's bank account. The check is actually made out in an amount more than what was agreed to be paid to the student and the student is instructed to wire the extra funds back to the company. Of course, the check is counterfeit and ultimately bounces, however, the money that the scammed student wires to the scammer from his or her bank account is lost forever.

TIP

Always independently check out whether the company is legitimate.  If the recruiter is using the name of a legitimate company, confirm with their HR department if they are indeed offering employment and how to apply.  Also, never pay up front fees to employment companies even if they promise a "guaranteed" refund.  Finally and most importantly, never give your Social Security number and bank account number to any company you have only had contact with online.  While a legitimate employer will need your Social Security number, it isn't required until you are actually hired.  You should also be careful about the personal information that you include on your resume to make sure that it does not contribute to possible identity theft.

If you receive an email from a recruiter for a company and the email address ends with gmail.com or some other personal address, you can be sure that it is a scam, as legitimate recruiters use corporate email addresses.

It is always an indication that you are involved with a scam is when you receive a check for more than what is owed you and you are asked to wire the difference back to the sender. This is the basis of many scams including mystery shopper scams. Whenever you receive a check, wait for your bank to tell you that the check has fully cleared before you consider the funds as actually being in your account. Don't rely on your bank giving you provisional credit which is given after a few days, but which will be rescinded once a check bounces and never accept a check for more than what is owed with the intention to send back the rest.

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