Tue. Nov 19th, 2024

Farmfundr Remote Job Scam – Fake Job Listings from Fraudsters

By Samantha Jul23,2024

Did you receive a $25-35 hourly wage remote job offer from Farmfundr? Beware! It’s not a legit remote work opportunity. Presently, more than two hundred job seekers have received fake job offers from fraudsters posing as Farmfundr head of human resources.

The remote job offer isn’t from Farmfundr (a company that specialize in farmland investments). The content of the text messages and the recruitment process has all the red flags of an employment scam;

  • Too good to be pay
  • Shallow interview via Signal App
  • Communicates via texts only
  • Lacks formal onboarding process

Meanwhile, Farmfundr currently isn’t hiring remote workers (editors, data entry clerk, chat service representative, e.t.c). The company has issued a warning on LinkedIn, stating that the job postings are not legitimate and were not created or authorized by FarmFundr, so it should be treated as scam and disregarded.

How The Farmfundr Fake Job Scam Works

  • The scammers entice job seekers with high income pay and benefits via fake job listings on Indeed and Simplyhired.com
  • Once you indicate interest, a fake interview and assessment would be conducted on Signal app or Microsoft Teams. After which you’d be told you’ve been hired.
  • Once you accept the fake job offer, the scammers would use ‘work equipment fee’ tactics to scam you. A third party would be introduced as a vendor whom you’re to buy equipment from. However, this person is included in the scam. Whatever check sent to you wouldn’t appear on your bank account, but you’d be coerced to make the payment for the equipment with your own money while you wait for the check to be approved by your bank.

All these are examples of advance fee scam and are quite common with fake employment. Once you make the payment, the scammers would disappear and cease all communication with you.

Yearly, thousands of job seekers fall prey to job scams, especially remote job offers. So how do you stay protected? what are the red flags of job scams?

Warning Signs of Job Scams

1 – Unsolicited Recruitment Text

Received an unsolicited job offer via WhatsApp, text message or email? There’s a likelihood that it’s a scam, especially if it came from a company you’ve never applied to. Legit companies wouldn’t send you job texts out of the blues. There’s always a due process for hiring.

2- Too Good To Be True Pay

This is one of the very first red flags. It’s true we all like the idea of being paid high, but when the quoted pay is far above what the industry normally pays, you need to pause. If they’re promising to pay higher than the market rate, tread with caution. Sometimes they might promise unrealistic work hours with no specific skill for huge pay, making the job look irresistible. That’s just a bait with which to entice their victims.

3 – Conducts a Shallow Interview

The interview process is always a dead giveaway. It’s always quick and short, without any depth. Then you’re told you’ve been hired. Most times, the interview is hosted on Signal App or Telegram, via text messages with just an acting HR.

No legitimate business or company would hire an employee without a thorough interview to ascertain if they indeed meet the criteria.

4 – Requests for a Fee

If after the interview and onboarding, you’re asked to pay an amount of money, then it’s a scam. This fee could either be labelled ‘Application fee’ or ‘Upgrade fee’. Whatever name it’s called, legit companies don’t collect money from employees.

What to Do If you fell for this Fake Job Offer

If you’ve already submitted your personal details and CV to the crooks behind this fake employment offer. You should do the following;

Enroll in identity theft monitoring services

Identity protection services like Experian or Aura monitor databases that collect different types of information. When you enroll with them, you’d receive an alert notifying you of suspicious activities like –

  • a change of address request
  • court or arrest records
  • orders for new utility, cable, or wireless services
  • an application for a payday loan, etc.

Experian.com for example, has a basic Identity Theft monitoring plan which is free. I advise that you sign up for it, if you can’t afford the premium plan which is $24.99 monthly.

Alert your Bank of the Fraudulent Transaction

If you fell for the equipment vendor plot and made the payment using your account, immediately notify your bank. Send screenshots of the conversations between you and the criminal, payment receipt, etc.

You should also request for a chargeback if it’s possible to recover your money.

Spread Awareness of the Ongoing Scam

It’s very important that you inform people of your experience with the crooks impersonating Conformal Medical. You could do this on Forums, or even Threads like Reddit. This would help prevent others from being victims of the scam.

You can also go a step further by reporting the scam to government authorities like –  FBI’s Internet Crime Complaint Center (www.ic3.gov). This would make them put up a notice warning the public of the scam.

Conclusion

Employment scammers are becoming smarter lately – they go as far as impersonating reputable companies, making job seekers think they’re the real deal. However, it’s all part of their scheme. Once they’ve established the trust, they’d proceed in their scam which could be disguised as ‘equipment fee’ ‘training fee’ ‘upgrade fee’ etc.

When approached by a job recruiter either online or offline, the first thing to do is research the company and the job opportunity. Find the company on the internet and review their online presence, including their social media. Enter the company’s name and the word “scam” on search engine, paste the email address too to find out if it has been flagged as scam.

See latest alert – Is Instagram Bipa Settlement Scam or Legit?

By Samantha

I am Samantha, a Cyber Security enthusiast. I kicked off my passion as a Cyber Fraud Researcher during the Covid19 pandemic when I saw lots of people falling victims to fraudulent websites pretending to sell disinfectants, masks and wipes. Since then, I've helped thousands of people avoid being scammed by providing timely alerts on trending scams and tips on how to stay protected.

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