Employment scams are on the rise in the turbulent job market created by the COVID-19 pandemic, a new Better Business Bureau study finds.
The in-depth investigative study finds job scams increased during the pandemic, and warns job seekers to verify employment offers to avoid illegal jobs, identity theft and fake checks, some of the many forms employment fraud takes and the scams that often result. Read the full study at BBB.org/jobscams.
Job scams have been a problem for years. In 2020, the BBB estimated 14 million victims with $2 billion in direct losses related to job scams. Last year, the 2020 BBB Employment Scams Report by the BBB Institute for Marketplace Trust found job scams to be the riskiest of all the scams they tracked in 2018 and 2019. However, the BBB’s study finds that the problem worsened in 2020. Losses reported to the FBI’s Internet Crime Complaint Center (IC3) about employment scams were up 27% between 2018 and 2020.