September 27, 2021
Scam/Fraud

BBB study finds job scams on rise during COVID-19 pandemic

The bureau said that identity theft is a common outcome of job scams, as scammers often steal job seekers’ personal information in order to open bank accounts to further their fraud.

There has been a rise in employment scams in the “turbulent job market” brought on by the COVID-19 pandemic, according to a new Better Business Bureau (BBB) study.

Job scams have been a problem for years, the BBB said in a statement on Thursday, noting that, in 2019, there were an estimated $14 million victims with $2 billion in direct losses related to the job scams.

The problem worsened in 2020, when complaints to the Canadian Anti-Fraud Centre nearly doubled and job scams were among the top five of BBB’s list of riskiest scams across Canada.

The bureau said that identity theft is a common outcome of job scams, as scammers often steal job seekers’ personal information in order to open bank accounts to further their fraud.

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