(FinancialHealth.net) – As states begin to reopen, many people are realizing the jobs they were furloughed from are gone. The University of Chicago’s Becker Friedman Institute thinks roughly 42% of the recent furloughs and layoffs will be permanent. That means a lot of workers are going to be job searching. It also means scammers are busy trying to defraud job hunters.
The FBI is warning of an increase in hiring scams. A criminal will pretend to be an employer who is looking for workers. The applicant will fill out paperwork, and the scammer then has the job hunter’s personal information.
After they get the information they need, the criminal opens up fraudulent accounts using the victims’ names. Fraudsters have walked away with over $21 million from this type of scam in 2020.
Another scam involves fake job posting and spoofed websites. The process works like the victim is applying for a remote job. Then, they’re asked to sign a contract and send in their personal information, including driver’s license and Social Security card photocopies. The schemer takes that info and steals their identity.
BEWARE. Never pay anyone to find you a job at a specific company. Also, legitimate recruiting firms get paid by employers, NOT employees!
COVID-19: FBI Issues Alert For Fake Hiring Scams Targeting Individuals, Businesses | Rye Daily Voice https://t.co/4DOAANv3YP
— Dahna Chandler's Get Money Moxie (@getmoneymoxie) May 18, 2020
If you’re looking for a job, make sure you research any company you’re applying to. The FBI says real companies only ask for your personal and bank account information after they hire you. And as usual, don’t give away your Social Security number or other private details to a stranger. Being cautious could save you a lot of headaches down the road.
~Here’s to Your Financial Health!
Copyright 2020, FinancialHealth.net