6 Business Opportunity Scams You Need To Avoid

#3: Business Money Management Scams

Money Management

The business owner tries to attract victims by projecting itself as a big business firm and takes a few interview rounds online and then agrees to hire the victim for trivial tasks in the start. They send a fake or illegitimate check in the victim’s name and ask the victims to cash the check and make transfers from their account to few other accounts that they mention. Since this is a fraud, the amount that victims see in their bank accounts upon cashing the check disappears after a few days and they lose the money if they had already initiated the required transfers.