Looking for a side hustle? Scammers know many people are interested in earning extra income, and they're using that to their advantage through a growing scheme known as a task scam.
How the Scam Works
You receive a text message claiming you can earn hundreds or even thousands of dollars each month simply by watching YouTube videos. The message promises flexible work, free training, healthcare benefits and no experience required.
Sounds easy, right?
The text instructs you to reply and continue the hiring process through another messaging app, such as Telegram or WhatsApp. Once you do, you're "hired" and given simple tasks like liking videos, subscribing to channels or boosting view counts.
To build trust, the scammer may even send you a small payment at first. This makes the opportunity seem legitimate and encourages you to continue.
Then comes the catch.
The scammer tells you that to unlock higher-paying assignments or receive larger payouts, you'll need to send them a deposit or fee. Once you send the money, the promised earnings never arrive. The scammer disappears, taking your money with them.
Red Flags to Watch For
Be cautious if a job offer:
- Arrives unexpectedly through a text message
- Promises unusually high pay for simple tasks
- Requires communication through a messaging app
- Offers immediate employment without an interview
- Requires you to pay a fee, deposit or investment to earn more money
How to Protect Yourself
Follow these tips to avoid becoming a victim:
- Never pay to get paid. Legitimate employers do not require employees to pay deposits, fees or investments in order to receive work or wages.
- Don't respond to suspicious texts. If you receive an unexpected job offer by text message, avoid replying. Instead, block the number and report it to your mobile provider.
- Research the company. Before pursuing any job opportunity, verify the employer independently through their official website and contact information.
- Be skeptical of offers that seem too good to be true. High-paying jobs with little effort, no experience requirements and immediate hiring are common tactics scammers use to create urgency and excitement.
Stay Alert
Scammers are constantly finding new ways to target people searching for employment or extra income. Taking a moment to verify an opportunity before responding can help protect both your personal information and your finances.
If you believe you've shared sensitive information or sent money as part of a scam, contact your financial institution immediately.
Fraud Friday Tip: If someone promises easy money for simple online tasks and asks you to pay first, it's almost certainly a scam.