By Stacy M. Brown, NNPA Newswire Senior National Correspondent
(NNPA Newswire) โ New complaint data from the Federal Trade Commission (FTC) shows a staggering rise in online job scams, particularly schemes known as โtask scams,โ which now account for nearly 40 percent of job scam reports in 2024. The sharp increase in these fraudulent activities has driven overall losses to job scams to more than $220 million in just the first six months of this year.
According to the FTCโs latest data spotlight, reports of task scams have skyrocketed from zero in 2020 to 5,000 in 2023, before quadrupling to 20,000 in the first half of 2024 alone. These scams typically begin with unsolicited texts or WhatsApp messages offering vague online work opportunities. Consumers who respond are told they will be completing tasks like โapp optimizationโ or โproduct boosting.โ
Victims may receive small payouts early on to build confidence in the jobโs legitimacy. The scheme then escalates, requiring victims to invest their money to complete subsequent tasks, promising more significant payouts. However, once the money is sent, it is lost for good.
โThe supposed โjobโ is to complete tasks in an app or online platform for which youโll โearn moneyโ from a โcommissionโ on each click,โ the FTC warned in a consumer alert. โBut those promises are fake: there arenโt any commissions, and nobody but the scammers make any money.โ
Cryptocurrency is the primary method of payment in these scams. The FTC reported that task scams have significantly contributed to a surge in cryptocurrency-related losses, which reached $41 million in the first half of 2024โalmost double the total for 2023.
In 2023, overall losses from online job scams totaled $286 million. By mid-2024, reported losses had already surpassed $220 million. Since many victims do not report these crimes, the FTC cautioned that these figures likely represent just a fraction of the damage.
The FTC highlighted specific red flags and offered advice to help consumers avoid falling victim to task scams:
- Ignore unsolicited messages: Real employers do not typically contact potential employees via generic texts or WhatsApp messages.
- Never pay to get paid: Any request for money upfront in exchange for future earnings is a clear sign of a scam.
- Be wary of โgamifiedโ tasks: Offers to pay for liking or rating online content are illegal and usually fraudulent.
Federal officials cautioned that the rise of โgamified job scamsโโwhich lure victims with repetitive tasks like interacting with social media posts or rating businessesโhas further amplified the threat. Victims often receive large batches of tasks, with promises of increased pay after completing multiple levels. These schemes culminate with demanding deposits to โunlockโ their earnings, ultimately leading to financial losses.
โNo matter what the system says you earned, you didnโt,โ the FTC report cautioned. โThat money isnโt real. And if you deposit that money, you wonโt get it back.โ
The FTCโs data regarding job scams is alarming, according to officials. โWe urge everyone to be cautious and skeptical of too-good-to-be true offers,โ the FTC concluded. โProtecting yourself starts with staying informed and recognizing the red flags.โ
