Savvy Consumer Information Center - Scams and Frauds
Savvy Consumer Information Center - Scams and
Frauds
Scams and
Frauds
Here are some of the
latest Scams, Frauds, and Consumer Abuse items in the news.
Cars - Computers -
Education -
Employment - Family - Federal Programs - Food
Health - Housing - Money - Small Business - Travel - And
more...
Fraudulent Bonus Checks For Non-Existent Jobs -
The Federal Deposit Insurance Corporation has learned that some individuals and banks are being victimized by a
scheme involving online job applications. The individuals have applied for and accepted jobs through an online job search
service advertising "signing bonuses" of approximately $2,500 to new hires. Each prospective employee has received a
check ranging from $19,000 to $50,000 by mail from the prospective employer with instructions to deposit the check,
preferably at an ATM. The recipient is further instructed to keep $2,000 to $4,000, depending upon the amount of the
signing bonus, and return the balance of the money by wire to a location in Europe. The checks are fraudulent;
therefore, the depositor is ultimately responsible for any amounts charged back to his or her account by the bank
resulting from the dishonor of the checks. In some cases, banks have suffered losses when a customer has been
unable to cover the overdrafts resulting from the dishonor and return of the fraudulent checks.
Read
more...
Back to Scams and
Frauds
Get the Savvy Consumer Newsletter! (FREE)