FBI Issues New Warning On Crypto Scam

June 5, 2024 8:48 am Comments

The FBI has released a public service announcement warning the public about a new crypto scam that aims to defraud individuals who are looking to work from home.

In the announcement, the FBI warned, “The FBI warns of scammers offering victims fake work-from-home jobs, typically involving a relatively simple task, such as rating restaurants or “optimizing” a service by repeatedly clicking a button.”

“The scammers pose as a legitimate business, such as a staffing or recruiting agency,and may contact victims via an unsolicited call or message,” added the FBI.

Take a look at their full statement below:

Per Bleeping Computer:

Today, the FBI issued a warning about scammers using fake remote job ads to steal cryptocurrency from job seekers across the United States while posing as recruiters for legitimate companies.

These work-from-home scams are designed to lure potential victims with easy-to-accomplish tasks like rating various businesses online or “optimizing” a service.

“The scammers pose as a legitimate business, such as a staffing or recruiting agency, and may contact victims via an unsolicited call or message,” the FBI warned.

“Scammers design the fake job to have a confusing compensation structure that requires victims to make cryptocurrency payments in order to earn more money or ‘unlock’ work, and the payments go directly to the scammer.”

To make their fraudulent schemes more persuasive, the scammers will also ask victims to use a fake portal showing how much money they’ve earned, although they can’t cash out any funds.

The FBI says that red flags that should warn those targeted by these scams they’re dealing with fraudsters coming for their money include being asked to make cryptocurrency payments to the employer as part of a work task, job descriptions involving simple tasks, and not being asked to provide references from previous jobs during the hiring process.

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