Yesterday, I received over 1,000 such email. Most were identified as SPAM by my security system. The ones that weren't did no harm because I follow a simple rule — I don't click. If something is really of interest to me that's offered in an e-mail, I will go out on the Net and find the original source myself, but I won't click a link sent by e-mail.
Today Arab News must also issue an alert about the rise in employment scams targeting desperate, lazy or unwary individuals in Saudi Arabia. Here's an example of an actual e-mail received in the Kingdom. The e-mail's subject line was, "Part-time assistant needed. Work at home." Then came the unbelievable message:
"Our company needs home agents in Saudi Arabia. Requirements: Available mobile number so we can contact you at any time. Internet access. You must be located at Saudi Arabia. Our company has branches in the United States and Russia. We are planning to open offices in Saudi Arabia five to six months later. Your main duty is to receive money from our clients in Saudi Arabia to your bank account and send it to us by instant systems such as Money Gram or Western Union. You do not need to spend any money for working with us and can combine our work with any other work. Our vacancy will take one to three hours a day, four to five times at month, but you must check your mobile phone number and e-mail for tasks from our company. You will receive five percent from the transfer amount for each task and $2,000 after 30 days from the first task. We need to transfer money to your account at first because we need to receive money instantly but the international transfer will take nearly a week. Also as your weekends are Thursday/Friday, but the weekend at our countries are Saturday/Sunday, and money transfers can take more than one week. Because of this matter we need payment managers who can transfer money by instant payment systems to us. If you want to apply please reply to ins_750205@yahoo.com with your details and contact information."
This is a money mule scam and it has been a problem in other countries for years. What happens is that either fake checks, stolen money or dirty money will be deposited to the account of the person who accepts the "job" as "payment manager." For instance it could be that criminals who use phishing scams to obtain online banking details, transfer the loot stolen from those accounts to the account of their "payment manager" or money mule. Sometimes the cash is from bribery or illegal activities such as drugs or alcohol sales. The criminals want to move that money and the bank account of their "payment manager" will be used for that purpose.
The money mule takes the dirty money and launders it by sending it out through a money transfer service such as Western Union. In the case of a fraudulent check deposit, the bank account holder is required to transfer the money immediately, before the check has time to clear. A few days later the bank notifies the account holder that the check has been rejected for payment. Unfortunately, by then the funds have been transferred by the money transfer service. This means not only that the individual has been robbed but also that he or she will be facing criminal charges for participating in illegal financial activity.
Be aware that the Saudi banks use software to track all movement in local bank accounts in order to uncover money laundering and the money mules who enable it. These systems immediately send out alerts to the relevant authorities when a suspicious pattern of transactions occurs or when transactions originate from suspicious sources. When a transfer comes to a bank account from a suspicious source the account is frozen. No cash can move from the account pending the completion of the investigation. Any funds linked to criminal activity are confiscated by the government. "Employment" as a money mule is illegal in Saudi Arabia and jail and/or fines are a certain outcome.
Many authorities have warned that money mule scams have become very sophisticated, with these criminal gangs setting up companies, establishing a web presence, signing contracts and even using voice over IP services to manipulate the money mules. In the end, when the money mules get caught thanks to the trail from the stolen or dirty cash, their criminal partners disappear to happily spend the ill gotten gains.
Be wise. If you receive an offer of employment that looks too good to be true and it involves money transfers but you're tempted to consider it, ask your bank representative whether it's real or a scam. A simple inquiry could avoid years of hard time.
