The old adage remains strong today. I believe it goes, if something seems to good to be true, it probably is, well when you're dealing with the internet, I dare say it always is.
I'm talking about the "Make thousands from home in only 2-8 hours a week", "Work from home", and other internet home based job "opportunities". Let's discuss the two major varieties of these work from home schemes. First we'll talk about the most recent to make the headlines with the arrest of 77 individuals connected with international fake check scams.
Fake Check Scam
The scheme goes something like this, first off you receive an email of the 419 variety with some clever story of how you will be 'processing' checks for their clients due to some international commerce issues usually, often they can pretty elaborate, but they all end in a similar fashion. You deposit the checks in your bank account, keep your processing fee, and send the remainder to the scammer. A week or two later, the bank discovers the check is a fake, and you're liable for the entire amount. You're out a few grand, and the scammer gets that much richer. Several reports state that the average loss for people that fall for these scams are between $3000 and $4000 dollars.
Another variety of the fake check scam targets people that are selling things online in which the scammer tells you that someone in the U.S. owes them, and that they will be sending you a check for more than the amount you're asking. You'll deposit it, taking your share, and sending the remainder once more. Sometimes, they'll accidentally overpay you, and ask for the overpayment portion back.
There are several varietites of the fake check scheme, read up on a few tips from fraud.org here.
Money Mule
This technique is a little older, but is still strong today. It's the money mule scam. It also operates in the "Work from home, make thousands doing nothing!" style, but with this one, you're usually helping steal from other people. You essentially end up running a forwarding service for money through your bank account or packages that show up on your doorstep. You'll earn a percentage for each item you forward whether it be a simple money transfer or forwarding that package on to another address, which is often in another country. The problem lies in the fact that these items are initially acquired through phished accounts with stolen credit card numbers, or money pulled directly out of someone's bank account. You are acting as a human proxy to obfuscate the path these stolen items are taking, and to provide a physical address to which the initial shipment for items, direct from the seller, are to be delivered. This puts you first in line when the FBI comes to find the culprits. Regardless of your ignorance, you are involved in a crime ring, and you'll be doing some jail time.
The internet continues to be a scary place for the unwary, so hang on to your street smarts, or net smarts, stay on your toes, and of course, remember-"If it's too good to be true...".