SEC warns public versus ‘tasking and recharging’

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SEC warns public versus ‘tasking and recharging’
WarnsPublicVersus
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JOB hunters and the public were warned by the Securities and Exchange Commission (SEC) to be wary of “tasking and recharging” job offer scams.

JOB hunters and the public were warned by the Sec urities and Exchange Commission to be wary of “tasking and recharging” job offer scams.In a statement, the SEC Enforcement and Investor Protection Department said that it had seen seen an alarming number of job offer scam reports where victims had been contacted through messaging platforms and asked to do trivial tasks like ordering or purchasing items, sorting orders and clicking tasks, among others, for a supposed e-commerce platform.

”Small deposits are initially paid the promised returns to fool the victim into believe in the legitimacy of the job and deposit more money in the platform.Individuals, for example, are asked to deposit P500 for tasks to be paid P1,000 as part of the initial offer, after which they are offered higher-paying tasks worth P10,000 that require a deposit of P5,000.

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Warns Public Versus ‘Tasking And Recharging’

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