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Watch Out for Fake Crypto Jobs

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In the cryptocurrency industry, job scams are on the rise. Be wary of claims of effortless work, fantastic pay, and flexible hours. If something seems too good to be true, it probably is.

Here is what you should know to recognize and stay away from false employment fraud:

Spotting Such Scammers Offering fake jobs
• The con artist contacts the victim via social media, messaging services, or online networking sites with an alluring job offer. To win your trust, they’ll present forged documents or perhaps make a little payment.

• Through social media platforms or other networking sites, scammers will offer mouth-watering jobs, provide fake documents to make them look real, or even make a little payment to win your trust.

• Watch out when you are asked to deposit some funds. As a scheme by the bad actors, payment may be required to upgrade you to some sort of level. Some of the fraudulent schemes can also require that you recruit friends and family.

• Usually, at the final stage of the process, at the point at which payment is expected to be made to the victim, the scammer can devise various excuses as the reason for the delay in payment. The excuses could include missing tax payments or other so-called required documents; this is just to coarse the victim to make more payments to them.

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Guard Yourself Against Crypto Job Scammers
You should do your research about the business. Check the business’s website and email address. Free email services and websites with bad user interfaces should be avoided.

Avoid offers that are unreasonable. Be wary of jobs that promise quick cash, excessive flexibility, or minimal experience requirements.

Be alert to unusual requests. Genuine employers don’t request sensitive personal information or deposits in exchange for employment offers.

When asked for personal information during an “interview,” such as your driver’s license, passport, or social security number, exercise extreme caution. Your inner scam alarm should go off when a recruiter requests such personal information so early in the interview process.

In case you have fallen victim
Report the scammer to the police, block their contact information, and change your passwords. If you feel your account has been compromised or you conducted business with a fraudster via a centralized exchange platform, report the case to customer support.

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