We talk about a lot of different types of scams aimed towards seniors and unfortunately it is not just limited to phone calls, emails, and fake collection notices. The latest way to be scammed now extends to employment. Occasionally later in life seniors may find that they are in need of new employment, whether is due to the loss of a career or just a part-time position to stay busy during the retirement years. However, the job hunting world is not the same as it used to be. Most job listings are posted online nowadays which makes it a much more convenient process, however it is also more convenient for scammers as well. It is important that as you go through your job hunt that you stay on the lookout for certain red flags in potential employers or job placement agencies so that you do not put your information and financial security at risk.
Watch out for these red flags:
- Keep an eye out for employment services promising to get you a job. There truly is not a way to guarantee a position and a promise like this is often a method for a bait and switch scheme.
- Be suspicious of employment agencies that ask for up front service fees. This also includes those who promise a refund for unsatisfied clients.
- Do not give out any of your bank or credit card’s information. Anyone who has this information can use it to commit fraud and put you at financial risk. Only give out this information to establishments that you have qualified their legitimacy and have agreed to pay for a certain service.
- Watch out for companies asking you to transfer funds from a check that they send you. These are often pitched as an employee overpayment scam. They will agree to overpay you and then ask you to transfer the excess income to another source. No legitimate company will actually do this.
- Be wary of on-the-spot hiring positions. Most reputable employers will only hire after a formal interview.
- If a job posting contains spelling errors or improper grammar, be careful. Any quality employer will be sure to correct these issues and have more professionalism. Some of these are from scams oversees, so the grammar and spelling can be lost in translation.
- Be cautious of job postings in general. Most are legitimate job openings, however it is better to be safe than sorry. Try searching for the same listings in other cities or states to see if the exact same posting pops up. If it does, then it is likely part of a scam.
If you think you may be a victim of a scam or you suspect you are being approached by one, visit AARP’s Elder Watch website to learn more or report fraud or financial exploitation.