DMCA.com Protection Status Man loses Rs 14 lakh in work-from-home scam: What it is and how to stay safe – Times of India – News Market

Man loses Rs 14 lakh in work-from-home scam: What it is and how to stay safe – Times of India

Man loses Rs 14 lakh in work-from-home scam: What it is and how to stay safe - Times of India

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A resident of Panchkula recently suffered a financial setback of Rs 14 lakh due to falling victim to an online work-from-home scam. Pradeep Kumar, an IT administrator at a private hospital, disclosed that an individual approached him via WhatsApp, proposing an opportunity to earn additional income by engaging in activities such as liking pages, clicking on links, and watching videos.Intrigued by the offered work, Pradeep agreed and was instructed to deposit Rs 90,000 for membership and documentation fees.
Although Pradeep completed the assigned tasks, the perpetrator allegedly duped him of an additional Rs 13 lakh, citing various charges such as tax, GST, and other fees. Subsequently, Pradeep found himself receiving no communication from the other party and eventually realised that he had fallen victim to a scam.
The work-from-home scams are on the rise and you need to stay vigilant and protect yourself from this new kind of fraud.
What is a work-from-home scam?
A work-from-home scam is a deceitful scheme designed to trick individuals into believing they’ve secured a legitimate remote job. Scammers exploit the growing popularity of remote work and people’s desire for flexible schedules and potentially higher incomes.
Different types of work-from-home scams
* Fake Job Listings: Scammers post enticing job ads on online platforms, promising high salaries and minimal work hours. These ads often lack details about the company or the actual job duties, focusing on vague descriptions and quick money-making promises.
* Data Entry Scams: Victims are lured by the promise of easy data-entry jobs with high pay. However, they’re often charged upfront fees for software or training materials, only to find the “job” is tedious, low-paying, or non-existent.
* Multi-Level Marketing (MLM) Scams: These scams disguise themselves as work-from-home opportunities, but they involve recruiting others into the same scheme, focusing on commissions rather than actual product or service value.
* Reshipping Scams: Victims are sent supposedly valuable items and instructed to “reship” them to other addresses. These items are often fraudulent or stolen, and the victim is ultimately left holding the bag for illegal activity.
* Virtual Assistant Scams: Scammers offer seemingly ideal virtual assistant positions, but the workload is overwhelming, the pay is minimal or non-existent, and they may demand access to personal information or financial accounts.
Tips to stay safe from work-from-home scams
* Check the company’s website, reviews, and online presence. Look for red flags like bad ratings, nonexistent websites, or stolen content.
* Legitimate companies don’t require such payments for employment.
* Don’t respond to random emails or messages offering “great” work-from-home opportunities.
* Stick to established platforms with vetting processes for job postings.
* If something seems too good to be true, it probably is. Don’t hesitate to walk away.



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