Online scammers are recruiting. They’re looking for people to help them transfer money and stolen goods. Of course, they don’t come right out and say that’s what they want. Instead, they claim to offer work at home jobs or pretend to be your romantic partner and ask you for a ‘favor.’ The scammers’ goal: to use your bank account, personal information and address to help them steal money.
Want to work from home? How about a job helping small businesses get loans or cash advances?
For people recruited by Money Now Funding (aka Nationwide Lending, among other names), it seemed like a great opportunity. In reality, it was a con. People were left loaded with debt — sometimes tens of thousands of dollars of debt — and no income. Today the FTC announced that the companies behind the scheme have been shut down.
Associate Director, Division of Marketing Practices, FTC
The Department of Justice (DOJ) recently announced the extradition of six Nigerian nationals from South Africa to Mississippi to face a nine-count federal indictment for various Internet frauds. These six people join 15 others who were previously charged with, among other things, conspiracy to commit mail fraud, wire fraud, bank fraud, identity theft, and money laundering.
What were the scams? According to the indictment, the defendants found and reached out to their potential victims through online dating websites and work-at-home opportunities.
At the Oscars, the best acceptance speeches are those with the story behind the thank you. Which is why, when we’re thanking all the legal services attorneys we get to work with, I’m going to tell you a few stories, rather than simply list the dozens of names.
In 2010, the FTC launched a Legal Services Collaboration: holding Common Ground conferences to bring together law enforcement and legal services; rethinking our consumer education to better serve legal services clients; talking regularly with our legal services colleagues – and getting their case referrals and help.
“The Federal Trade Commission works for America’s consumers in every community.” I’ve lost count of how many times I’ve said those words, or heard them from my colleagues – and that’s a good thing. Since fraud affects every community in our country, it bears repeating: the FTC works for your community.
Assistant Director, Consumer and Business Education, FTC
You might like your financial advisor to predict the future in ways that could help you get rich. But legitimate advisors won’t promise to know what comes next – and you shouldn’t invest with anyone who guarantees you riches. It’s kind of a rule of thumb about investing: there are no guarantees, and anyone who promises you big money is likely running a scam.
When is it uplifting to talk about obstacles to economic opportunities? When a room full of people at a joint conference of the NAACP and the FTC spend a day making the connections we all need to help overcome scams and exactly those obstacles in our communities.
Are you looking for a job you can do from home? Maybe you want something flexible to balance responsibilities like caring for kids or family members. Or maybe you haven’t been able to find a job, or you need extra income.
Whatever your reason, know this: many work-at-home ads that promise you can earn a great living, even in your spare time, are scams. They won’t deliver on the claims they make.