Receivables Processing Specialist Job Scam

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It amazes me how many variations of the fake check scams that are out there and how often they are sent out. Well I just received another one in my email box and I wanted to share it with you guys. I know everyone is always trying to find legitimate work at home jobs and these scams tend to appear very legit.
But the fact of the matter is they are just another scam to be avoided.  Don't be another victim of an elaborate work from home scam. People don't just email you randomly with job offers especially if you haven't posted your resume online. In any event, I've listed the email below so you know what to look out for.

Email Subject: Receivables processing specialist – part-time position with a foreign investment company

Hello,  
I am writing to inquire if you might be interested in part-time 
employment in the field of accounting/clerical services. 
 
Our firm is a major Russian investment bank 
and asset management company, is looking for responsible and determined 
individuals to fill the specialist and associate positions within the 
Receivables department of our Transactions/Finance group in the United 
States. As a specialist or associate, you will be in charge of 
monitoring and processing funds transfers initiated by our US clients 
and reporting to the Receivables department manager in Russia. We are 
looking for numerate individuals who are also capable team-players, 
preferably with some college education and/or previous 
accounting/clerical experience. 
 
The position is entirely home-based, and no relocation is required 
from the successful candidate. This role does not involve any fixed 
working hours and is suitable for senior citizens or self-employed 
individuals. 
 
Our company is a leading Russian asset manager and investment bank 
located in Moscow (Russia) with a subsidiary office in Vilnius 
(Lithuania), and a local representative in Nicosia (Cyprus). Our 
mission is to provide investors with reduced emerging market risk and 
superior returns through broad diversification and conscious 
risk-taking. 
 
The position on offer is commission-based. Typically, you will be 
expected to dedicate up to 8 hours per week to your duties, part of 
which should be regular business hours. Your core responsibility will 
be to receive investment funds from our US clients into your 
designated bank account, reconcile the payments and obtain the 
transaction documentation from your supervisor, and transfer specified 
funds into our managed investment accounts as instructed. You will be 
in charge of contacting your bank in order to obtain transfer status 
information, confirmations and account activity reports, as well as 
handling daily communications with your bank. 
 
You will receive a flat-rate 2% commission from the gross amount of 
each transfer that is remitted into your designated account (for 
instance, if $10,000 is credited into your account, you will be 
retaining a commission of $200), plus we will cover any funds transfer 
fees. Your commission is available immediately, so there is no need to 
wait for the payroll check in the end of the month. 
 
It should be underlined that all monies that you will receive will 
come from verifiable entities within the US. The funds that you will 
handle will comprise of stake purchase at our managed funds, funds 
given into trust management and various fees that are charged on our 
clients. You will receive funds via secure electronic Wire transfer 
used by major US banks for funds and securities settlement. This means 
that no funds will be deposited into your account unless the 
transaction is reviewed and confirmed both by the remitting and 
recipient banks. Thus, there is no risk on your end. You will never be 
required to cash a check, make a remittance before the funds are 
cleared into your account or engage in any other financially risky 
activity. 
 
It should also be understood that being a foreign entity, EncoTrust 
is not subject to the US IRS supervision. You will be the sole person 
liable for reporting the commissions that you receive as your personal 
or business income. 
 
In order to qualify for the position, you must be a permanent US 
resident aged 21 and above and have an existing personal/business 
banking relationship with a US bank. Since most communication with 
your supervisor will be via email/fax/phone, you should have access to 
these facilities and be reachable during regular business hours. 
Business owners utilizing business bank accounts will be subject to 
higher receivables turnover, and thus, higher commissions. 
 
To apply for this position and for more information on our company, 
please fax your resume and (optionally) cover letter to: 
(267) 316-5784. Don't forget to inclued our email address. 
 
Please note that only applicants under serious consideration will be 
contacted.

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    What a big scam!

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    Yani - December 7, 2016 Reply

    Hello,
    I have also received a job offer similar to the ones listed. I decided to google the company name and came across your website. Thanks for the information.

    Grеetings

    Fоllоwing our resеаrсh for the potеntial wоrkers , we arе delightеd tо оffer yоu thе рositiоn оf Рackagе Наndlеr with Му Рarсеl Servicе LLС. Оur Сomрanу prоvides а еxtеnsive rаnge of lоgistics sоlutions and sеrvices for thе сustomеrs arоund the world . If you jоin My Раrсel Service, yоu will becomе a рart оf a fаst-paсеd and рrоfеssiоnal tеam, that wоrks tоgеther tо рrovidе оur custоmers with the highest pоssiblе lеvеl of serviсe аnd advice.

    As a mеmbеr оf оur teаm, we would dеmаnd for yоur соmmitmеnt to рrovidе highest quality serviсеs аnd results, thаt еxcеed сlient eхpесtаtiоns. Also, we ехреct yоur реrsоnаl aссоuntаbility in all the асtions аnd results that yоu dеliver as a representаtive of Мy Pаrcеl Service . In return, we are reаdу to рrоvidе уоu with еvеrу oрpоrtunity to lеаrn, grоw аnd stretch to the highest lеvеl of уоur ability аnd potential.

    We are sure thаt yоu will аgrеe that this nеw opроrtunity both challеnging and rewarding . Тhe follоwing рoints outlinе thе tеrms аnd соnditions wе arе рroposing:

    – Must bе prеsеnt аt hоmе tо recеive, сheсk аnd creatе a photo rероrt fоr the dеsignated dеlivеriеs.
    – Мust be аvailablе viа phоnе/emаil tо rесeivе and providе deliverу updаtes.
    – Мust mе ovеr 18 y/о аnd аuthorized tо work US.
    – Мust рrоvidе timely shipmеnt within 1-2 dауs from recеiving the dеliveries.
    – Full-timе positiоn frоm 9 аm tо 6 рm.

    Рleаse оbserve , that thе first mоnth оn the jоb is considerеd to be an eligibility pеriоd for every роtеntial cаndidate. During this pеriod we prоvide $ 1700 base sаlаry + а bоnus сommission $15 рer shiрped оut расkagе paid in the еnd of thе рrоbаtion рeriоd.
    Аftеr complеting уour рrоbаtiоn pеriod we prоvide $ 2700 per mоnth + $10 pеr shiрреd out рaсkagе рaid twiсe per mоnth .

    If уоu аre interеstеd in this jоb , plеаsе rеspоnd with a good соntасt phоne numbеr аnd аn good time tо cоntaсt yоu fоr a briеf intеrviеw. Оur HR manаgers will bе glаd to answеr уоur questions and provide additional info .
    Thank yоu fоr yоur fаst rеsрonse. And hаvе а grеat dау!

    Веst rеgаrds,
    Еlvis Ноrton
    Reсruiting Мanаgеr

    Milton Ojeda - December 3, 2009 Reply

    I received this email below. They sent me a employment agreement application. I think it’s a scam but not sure. Can you help?

    From: Amanda Shrimpton
    >>> To: flitzoid@yahoo.com
    >>> Sent: Tue, November 24, 2009 4:08:39 PM
    >>> Subject: Shipping Specialist position
    >>>
    >>> Hello,
    >>>
    >>> Thanks for your interest in a home based Shipping Specialist position.
    >>> Please, read the text below carefully.
    >>>
    >>> BoxesForce Inc is a young high-growing multinational company. We have
    >>> branches in many countries with the main office in London, United
    >>> Kingdom. BoxesForce Inc was founded in 2005 by a team of highly
    >>> experienced shipping, logistics and eCommerce professionals, and is
    >>> dedicated to providing people with a high quality, cost efficient
    >>> service.
    >>>
    >>> BoxesForce Inc is one of the industry leaders for flexible,
    >>> responsive, and customer-focused international shipping. It is
    >>> revolutionising the way people buy and sell between countries,
    >>> initially focused on trade between the Europe and US.
    >>>
    >>> With over 500 team members all over the world, a highly competitive
    >>> suite of services and unmatched customer attention, our company is a
    >>> place where you’ll experience opportunity on a global scale.
    >>>
    >>> At present we are looking for dynamic individuals to be responsible
    >>> for the areas of package operations, quality control and customer
    >>> service. At this moment we offer you a part-time home based position.
    >>>
    >>> You must enjoy working in a fast-paced hands-on environment and have
    >>> strong multi-tasking abilities and interpersonal skills.
    >>>
    >>> This job requires punctuality, good organizational skills and
    >>> proficiency with Microsoft office programs to maintain inventory and
    >>> fill necessary forms.
    >>>
    >>> You will handle all aspects of warehouse activities including
    >>> shipping, receiving and inventory.
    >>>
    >>> This is not a sales gimmick requiring you to pay setup fees or sign up
    >>> to a mailing list. This is a business requiring only limited amounts
    >>> of your time. How much will you earn depends ONLY on your skills!
    >>>
    >>>
    >>> A HOME BASED SHIPPING SPECIALIST.
    >>>
    >>> GENERAL SUMMARY: receives, stores, and ships materials right from your
    >>> house; works under general supervision; performs additional duties as
    >>> assigned.
    >>>
    >>> PRINCIPAL DUTIES/RESPONSIBILITIES:
    >>>
    >>> 1. Verifies and keeps records on incoming and outgoing shipments and
    >>> prepares items for shipment: compares identifying information and
    >>> counts, weighs, or measures items of incoming and outgoing shipments
    >>> to verify information against bills of lading, invoices, orders, or
    >>> other records.
    >>>
    >>> 2. Maintains inventory of incoming and outgoing shipments.
    >>>
    >>> 3. Affixes shipping labels on packages or stencils identifying
    >>> shipping information on cartons, using stenciling equipment you will
    >>> be provided with.
    >>>
    >>> 4. Unpacks and examines incoming shipments, rejects damaged items,
    >>> records shortages, and corresponds with shipper to rectify damages and
    >>> shortages.
    >>>
    >>> 5. Examines outgoing shipments to ensure shipments meet specifications.
    >>>
    >>> 6. Provides scans of mailing receipts.
    >>>
    >>> 7. Participates in special projects as required.
    >>>
    >>>
    >>> All candidates must be reliable. Previous warehouse experience and
    >>> experience in a pick/pack environment preferred, but not essential.
    >>>
    >>> TO QUALIFY, YOU MUST:
    >>>
    >>> 1. Be at least 18;
    >>> 2. Be responsible, hard working and communicable;
    >>> 3. Be resident of USA, UK or Canada.
    >>>
    >>> Once again, you will need no money to start. And you don’t have to pay
    >>> for anything! Just fill the form below with your personal information
    >>> and send it to us by e-mail. Every completed form will be reviewed and
    >>> our managers will contact you shortly.

    Larry - August 15, 2009 Reply

    I have been answering job ads on Career Builder. Recently, I received a job offer, unsolicited I might add, that seemed so good to be true, I investigated it to a point. It was from a company called Cash Advance Inc in Norfolk, VA. They wanted me to be a company executive. I had to be available from 2-4 hours a day. They would deposit $9000 into my bank account, money that they had received from their clients. I would check my email several times a day and I would receive an email telling me to wire funds from account via Western Union to one of their clients who needed cash. I would deduct 8% from the amount requested for transfer as my commission. In addition, they would pay me $970/week salary, so besides the salary, I would be earning 8% of the total monies that I would wire. As soon as the transaction had been completed, I was to email the company. Sounds like a great job for four hours a day? They stressed that they didn’t want any of my login info for my bank account. I called the Attorney Generals office in Norfolk VA, told them about it and gave them the address and princioal of the company. They were listed as a legitimate company, but the Attorney Generals office thought it sounded fishy and urged me no to comply. They also wanted me to forward the emails I had received from the company to them and they were going to investigate. Have you heard of this and has anyone else been contacted by this company?

      Eddy Salomon - August 15, 2009 Reply

      Hi Larry,

      Thanks for sharing this information. The fact of the matter is this whole situation is a scam. Often scam artist will reference a real company’s name and address so when you do your research then it will come up clean. However if you actually try contacting the company using the information on their website and not the email you received (which is usually from a free email account like yahoo, gmail, hotmail, etc), you’ll usually find the company has no idea what you’re referring to. But even if a scammer goes through this extra step of deceit, it’s still easy to figure out it’s a fat scam. It’s nothing more than an elaborate check cashing/ wire transfer scam we’ve covered on our scam page:
      http://www.workathomenoscams.com/scams

      This is why I’m always preaching read that page from top to bottom because you’ll find stories of other so called companies doing the same thing. The names may be different but the scam is always the same.
      In terms of the check or wire fraud, it always works as follows regardless of the name and other details. You receive a check or a fake deposit into your account, you take a portion of that money and they keep the rest. The checks and wires are always fake and you end up in a heap of trouble with your bank. End of story. Any variations before that doesn’t matter. Once they start taking about checks, wiring money, etc, etc that’s the end of the conversation. lol

      At the end of the day your instincts are usually correct in these situations. If it sounds too good to be true, it usually is. I’m mean think about it, why would a company offer you job that you never applied for. Furthermore why would they allow you to handle such large amounts of money without any interview, background check, references, face to face meeting, etc. It literally doesn’t add up. But do your part and spread the word to the Attorney General. They will probably contact the legit company that this scammer may be imposing.

      If you want legit jobs by the way visit our work at home companies page:
      http://www.workathomenoscams.com/companies

      You may also want to read our recent guess article:
      http://www.workathomenoscams.com/2009/08/11/top-10-tips-to-avoid-online-scams

      Take care.

    Job Offer 10% Get Back If Interested. (Scam, Scam, Scam) - November 10, 2007 Reply

    […] the email it was obvious to me it was another work at home scam and some type of variation of payment processing, wire transfer and fake check scam.  Aren’t there other ways these scammers can think of […]

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