Richmond RCMP warn of "false boss" scam
Jan 16, 2020
- A new employee is recruited or hired, but a face-to-face interview is never conducted.
- Once hired, one of the first tasks given to the new employee is to open a bank account on behalf of the employer.
- The employee is asked to be the intermediary in a currency exchange between their "boss" aka employer, and a client. The exchange involves the conversion of foreign currency, for example, RMB to Canadian currency.
- The client provides the currency for exchange at a favorable exchange rate. The employee initiates the deposit of currency on behalf of the client.
- The social media app WeChat is predominantly the preferred communication method between users in this scam.
- Once the client’s money has been deposited, it is withdrawn by the employer.
- The client does not receive any currency in exchange and their original deposit is gone.
- The employee is then viewed as the instigator or suspect by the client.
- This could lead to other potential unintended criminal consequences.
"We must re-iterate that variations of this can exist and may have occurred in other areas beyond Richmond," adds Cpl. Hwang. "We strongly urge that anyone who believes that they may have been a victim of a similar scam to contact the Richmond RCMP or the police of their jurisdiction."
Corporal Dennis Hwang
Media Relations Officer
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