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Released: February 18, 2010

Consumer protection agency targets bogus job scams

Source: Christopher Rugaber, Associated Press (USA Today)

The Federal Trade Commission said Wednesday that it is cracking down on con artists who target the unemployed with bogus job placement and work-at-home scams. The consumer protection agency said it has asked federal courts to shut down seven entities charged with peddling such schemes and to freeze their assets.

The agency is also increasing its efforts to educate job-seekers on avoiding the scams. Any advertisement or pitch that promises job listings in return for a fee or promises a business opportunity in return for an up-front investment is likely fraudulent, the agency said.

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