Find out how a university student just lost over RM22,000 in an online job scam!
Please SHARE this article to warn your family and friends to avoid such online job scams!
Online Job Scam Are Targeting The Poor + Desperate!
Online job scams have been around for a long, long time. But fake job syndicates have become more active recently, probably because more people are getting laid off, and inflation is eating into our money.
Online job scams come in a variety of ways, but most commonly, you get unsolicited messages through WhatsApp or iMessage, offering you the opportunity to make a lot of money through part-time work, in the comfort of your own home.
This is especially appealing to people who are currently jobless and desperate. Or in this recent case – a university student who is just starting out in life.
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How A University Student Lost RM22K In Online Job Scam!
I had earlier written about how fake job syndicates cheat people of their hard-earned money, but I didn’t realise that these scammers are also targeting university students!
A university student recently shared how he quickly lost over RM20,000 to an online job scam, despite being warned that it could be a scam!
How They Reel The Student In…
These online job scams always start by offering their victims an EASY way to make A LOT of money!
These scammers also know that people are now wary of scams, and will always demonstrate their willingness to pay… at least in the beginning.
This is how the scammers establish trust with their victims, and convince them to “invest” to get even more money!
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The Scam Happens Very Quickly
The “merchant tasks” is when they start scamming you, and the scam occurs very quickly. You may think that you’re earning a lot of money, but you will never see a cent of it.
It doesn’t matter how little you “invest” in this “merchant task” scheme. Once you are in, they will quickly use your “earnings” to force you to keep paying them!
By The Time He Realised… It Was TOO LATE!
Because the university student was so engrossed in getting back the money he “invested” earlier, he didn’t realise that he was giving the scammers more and more money… until it was much too late.
Unfortunately, by the time the university student realised his mistake, it was much too late… He had already lost over RM22K!
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Many People In The Group Are Scammers
As the university student later realised, many of the people in the group are part of the online job scam syndicate. Their job is to give the victims the perception that this is a legitimate job with many people participating.
Precautions Were Useless
The university student was actually warned by his parents that it could be a scam. He even prepared for the possibility he could be scammed:
But as German Field Marshal Helmuth von Moltke once said, “No plan survives contact with the enemy“, and the student’s precaution was useless when he got “emotionally invested” in getting his money back, and ended up taking out all of his saving from the “big account”!
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The university student is now “emotionally depressed” and “thinking about suicide” over the loss of so much money. But do the scammers care? No, they couldn’t care less if people commit suicide over the loss of their hard-earned money.
He has also contacted his bank fraud hotline, and lodged a police report. Unfortunately, he is unlikely to ever recover any of the money he lost. But I hope he understands that his life matters more to his family than money, and he can always make back the money as long as he lives.
Please SHARE this article out, and WARN your family and friends!
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