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'Transfer Coordinator' Money Laundering Job Scam


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Outline

Email invites you to apply for a job as a 'Transfer Coordinator' by sending your resume to a specified Gmail address.

Scam Message
©Depositphotos.com/add



Brief Analysis

The email is not from any legitimate employer. It is a criminal ruse designed to trick you into laundering the proceeds of crime by accepting funds into your bank account, deducting a percentage as your 'wage', and wiring the remainder back to the criminals as untraceable cash.

   

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Example

Subject: Part time Job

Good Morning,

Now we are searching for candidates interested to work as Transfer Coordinator.

Duties:
- Manage invoices;
- Bring up-to-date and control contract balances;
- Complete transfers.

Qualifications:
- High School diploma;
- Strong attention to detail to ensure document correctness;
- Demonstrated flexibility to changing priorities and deadlines;
- Able to follow policies, techniques and regulations;
- Excellent managerial and time organization skills.

Payment:
We offer up to $48/hr.

Please send your Resume ONLY to this email: [removed]


Detailed Analysis

Email Offers 'Transfer Coordinator' Job

According to this email, you can apply for a well-paid part time job as 'Transfer Coordinator' by sending your resume to a Gmail email address included in the message.

The email includes details about duties and qualifications and claims that the job pays $48 per hour.

The name of the business offering the job is not included. Nor does the message contain any details about the type of business or where the business is located.

Supposed Job Offer is a Money Laundering Scam

However, the supposed job offer was not sent by any legitimate business. Instead, it is a scam designed to trick you into laundering the proceeds of criminal activities.

If you send your resume as requested, you will soon receive a reply claiming that you have got the job.

You will then be told that, as part of your duties as 'Transfer Coordinator', you are required to accept cheques from the company's customers and deposit them into your own bank account. You will be instructed to keep a specified percentage of each cheque as your wage, withdraw the remainder, and send it back to the company via a money transfer system such as Western Union.

But, alas, the cheques will turn out to be fake or stolen and you will thus be left out of pocket. More seriously, subsequent police investigations may lead directly to your door and you may face criminal charges for accepting fraudulent cheques.

In reality, it is the scammers themselves who are sending the bogus cheques and receiving the remainder as cash. Via this method, the criminals can effectively turn bogus cheques into untraceable cash and leave you holding the bundle when the law arrives.

And, as part of the bogus 'job application' the scammers may trick you into supplying a large amount of your personal and financial information. This information may later be used to steal your identity.

In some variations, the scammers may transfer money directly into your account from other bank accounts compromised via phishing or malware attacks. Again, the scammers will instruct you to deduct a wage from each account transfer and wire the remainder as cash.

Money laundering job scams like this one are very common. Be very cautious of any unsolicited job offer that requires you to accept funds into your bank account, deduct a percentage as your payment, and wire the rest as cash.

No legitimate business is ever likely to conduct transactions in such a manner. And, any legitimate job offer email will at the very least identify the name, type, location, and contact details of the business making the offer. And, they are not likely to use a generic Gmail address.

If you receive one of these emails, just delete it. Do not respond to such scam emails in any way.

Job Scam

Last updated: April 9, 2015
First published: April 9, 2015
By Brett M. Christensen
About Hoax-Slayer

References
Payment Transfer Job Scams - Laundering Scams
Job Scams






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