Fake recruitment alert!
The Australian Government has released an alert for fake recruitment ads targeting job seekers for money laundering and possible identity theft.
Scammers are targeting Australian job seekers to steal their personal information and trick them into transferring money to criminals, by posting fake employment ads on job seekers websites like Seek, Jora and Indeed.
How does the scam work?
The scammer posts legitimate looking job ads on official job seeker websites and asks applicants to transfer money as part of the job application process. Cyber criminals use this method to launder money which is a process of hiding illegal money from authorities by passing it through a series of bank transfers back to the criminal.
Scammers do this by getting the job-seeker to:
- receive a payment (the illegally obtained money) into their personal account, withdraw the money in cash and then deposit the cash into a Bitcoin ATM,
- receive a payment into their personal bank account, withdraw the proceeds in cash and then send the cash via MoneyGram or Western Union to an overseas recipient, or
- open a new bank account for receipt of the payment, set up a travel money card and then transfer the money via Western Union, MoneyGram to an overseas recipient.
Victims have also reported being asked for personal information as part of the application process, including:
- Current residential address
- Personal bank details
- Tax file number
- photocopy of Passport.
Information that identifies you can be used by Cyber Criminals to carry out identity theft, including opening up bank accounts or lines of credit in your name.
How do you stay safe?
- When job-hunting, do your research first to verify the recruiter by checking their website and other online presences (like social media profiles) through an independent online search.
- A recruiter should only need a resume or CV with basic details about you during the initial stages of a job application.
- No employer or recruiter should ask you upfront about your banking details or excessive personal information like your driver’s license, passport or Tax File Number (TFN). You can provide information like your bank details for salary payments once you’ve been formally interviewed, offered the position and negotiated your employment with your new employer.
- If in doubt about a job, get a second opinion from family and friends before communicating with the recruiter.
- If you suspect you might have encountered this type of scam, you can report the scam to www.SCAMwatch.gov.au. You should also report the incident to your local police, as well as the recruitment site the job has been advertised through.
- If you have provided any financial details in a suspected scam, contact your bank immediately and monitor your account for suspicious activity.
The Money Edge | Bundaberg