📉 Nikkei is down nearly 5% -> here are 43 recession-proof Japanese stocks from our screenerUnlock Now

Scammers prey on individuals seeking home-based income opportunities: Scamwatch

Published 22/01/2024, 02:50 pm
© Reuters.  Scammers prey on individuals seeking home-based income opportunities: Scamwatch

In a recent development, the National Anti-Scam Centre (NASC) has issued a warning, highlighting a surge in fraudulent schemes targeting individuals searching for ways to earn additional income from home.

Scammers, employing sophisticated tactics, are reportedly luring unsuspecting job seekers with the promise of guaranteed income or commission-based returns.

The catch, however, lies in the requirement of an upfront payment by the job seeker, a classic indicator of a scam.

Protect yourself

NASC's Scamwatch strongly advises against paying any form of advance fees to recruiters promising lucrative returns.

Such guarantees are often unfounded and lead to financial losses for the victims.

The advice is clear: if an offer seems too good to be true, it likely is.

Verify legitimacy

Job seekers should verify the legitimacy of job postings by researching the company's official website and checking for authentic contact details.

It's crucial to avoid sharing personal or financial information, such as bank details, without establishing the company's credibility.

Be wary of job offers that require upfront payments or personal purchases, as these are common red flags.

Networking through known contacts and using reputable job search platforms can also provide additional security.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.