In 2023, the number of reported job scams saw a massive surge compared to the previous year, with consumer reports of such incidents increasing by 118%. According to the Identity Theft Resource Center, criminals are now taking advantage of artificial intelligence to carry out these fraudulent activities. These scammers often pose as recruiters, posting fake job listings on reputable websites like LinkedIn and other job search platforms to lure unsuspecting job seekers.
One of the primary dangers of falling victim to job scams is the theft of valuable personal information. During the fake “interview” process orchestrated by these criminals, job applicants unwittingly disclose sensitive data such as their Social Security number or financial account details. This information is then used by scammers to steal the identity of job seekers. In 2022 alone, consumers reported losing a staggering $367 million to job and business opportunity scams, marking a 76% increase from the previous year, according to the Federal Trade Commission.
ITRC president and CEO Eva Velasquez described employment scams as an “emerging” threat, emphasizing that job scams have been in existence for a long time but are now poised to grow even further due to various external factors. The advancement of artificial intelligence has enabled scammers to create job listings and recruitment messages that appear more legitimate, making it harder for job seekers to differentiate between real opportunities and fraudulent schemes.
One of the crucial aspects to look out for when navigating through job opportunities is the request for personal information upfront. Legitimate employers typically do not ask for sensitive data such as Social Security numbers or bank account details until after a formal job offer has been made and accepted. Scammers, on the other hand, may insist on obtaining this information at the onset under the guise of completing “employment paperwork.”
To protect yourself from falling prey to job scams, it is essential to exercise caution and skepticism when interacting with potential employers or recruiters. Avoid providing unnecessary personal information during the initial stages of the application process and conduct independent research to verify the legitimacy of the company offering the job. Be wary of job offers that seem too good to be true, such as remote positions with exorbitant salaries and minimal skill requirements.
While there is no foolproof method to completely eliminate the risk of encountering job scams, job seekers can take proactive steps to safeguard themselves against fraudulent activities. By staying informed, exercising vigilance, and approaching job opportunities with a critical mindset, individuals can minimize the likelihood of becoming victims of employment scams. Remember, if something sounds too good to be true, it probably is!