Looking for work...but ending up still out of a job and possibly out of money too.
The Better Business Bureau says these days the riskiest scams making the rounds are the ones looking to take advantage of people looking for work.
The BBB out with its list of the 10 riskiest scams for 2018, employment scams topping the list. The rate of people who lost money to scams was 29.5%, a huge surge of 86.7% when compared to 2017.
The report is based on data supplied by consumers to BBB Scam Tracker and is based on the BBB Risk Index, which is a unique algorithm that calculates exposure, susceptibility, and monetary loss to offer a more accurate assessment of scam risk.
Experts say one of the major threats with employment scams is giving out too much personal information. In a typical employment scam, victims may get an email with a job offer but are then asked to provide their name, address and social security number.
According to the report, more people lost money when they were contacted online, including websites and social media. Younger consumers were still more likely to fall victim to scams than older consumers. But, when older consumers fall victim to a scam, they tend to lose significantly more money.
The BBB says digging into the Risk Report shows one possible answer for what's behind the trend: Amazon was in the news a lot in 2018 with its high profile search for a second headquarters.
It was also the 6th most impersonated organization mentioned in BBB Scam Tracker reports, after not even making the top 15 in previous years. In 2017, only 24 BBB Scam Tracker reports were employment scams that mentioned Amazon. In 2018, that jumped to 564.
The ten riskiest scams of 2018 were: employment, online purchase, fake checks/money orders, home improvement, advance fee loans, romance, tech support, investment, travel/vacation, and government grant.
To report a scam, go to BBB.org/ScamTracker.