Recently, sophisticated fraud methods have spread that rely on deceiving victims with lucrative job opportunities in the field of exchange and exchanging money with cryptocurrencies such as USDT. Scammers appear as credible companies and make tempting offers to work as partners in money exchange operations through popular platforms such as Binance and ByBit.
Fraud steps:
1. The lure of a job offer without prior investment: The offer is presented as a convenient job opportunity with no investment required, with promises of attractive daily profits of up to 5% on each transaction.
2. Registration and provision of personal data: Scammers ask the victim to provide identity documents (ID card, passport), personal photos, bank account information, and a phone number under the pretext of “verification and security.”
3. Making transfers: After gaining the victim’s trust, money is sent to his bank account to be converted into cryptocurrencies and sent to the scammers.
4. Legal Liability: When the victim discovers that his bank account has been used for suspicious or illegal transactions, he may find himself subject to legal liability.
Why is this method considered a scam?
• Exploitation of personal information: The requested documents and information may be used in fraud or identity theft.
• Money laundering: Victims are used as a front to funnel illicit funds into cryptocurrencies.
• Scammers disappear: Once the victim falls into the trap and completes several transactions, the scammers disappear and the victim's bank accounts may be frozen due to suspicious activities.
Tips to avoid this type of scam:
1. Do not share your personal or banking information with any untrusted party.
2. Make sure any online job offer is legitimate, and check the official licenses of the alleged companies.
3. Beware of offers that seem too lucrative and unreasonable.
4. Report any suspicious activity to the relevant authorities.
conclusion
This method is just a modern example of money laundering and cyber fraud. Be vigilant, do not be fooled by false promises, your financial and legal safety comes first.