Escrow Global Limited-EscrowGlobalGroup.com Escrow Agent Job Scam
Since the popularity of online auction/shopping sites such as eBay, Etsy, Amazon as well as others mostly in European countries increased over the last few years, this has given scammers yet more ways to take advantage of unsuspecting jobseekers by offering them a lucrative job as an online Escrow Agent! This is exactly what Escrow Global Limited operating at the website escrowglobalgroup.com is doing! Below is a screenshot of one of the pages on that website:
EscrowGlobalGroup.com was registered anonymously for one year only in November 2016, although the website claims the company has operated in international markets since 2009. While another website at EscrowGloballtd.com operating under the same company name Escrow Global Limited was just registered anonymously on 4/10/17. Both claim to be based in the UK but are showing different business addresses, and escrowglobalgroup.com also claims to have an office in GLEN ALLEN, VA in the US.
The Recruiting Emails
The initial recruiting email below was sent to one of our readers:
From: Alea Stuart <firstname.lastname@example.org>
Reply To: email@example.com
Greetings (name removed)!
My name is Alex Marten and I believe that I have a great employment opportunity just for you.
I represent Escrow Global. Started back in 2009 we provide an assistance to international clients in their sales business through various internet platforms such as Amazon, eBay and ETSY. We also stand as escrow providers and oversee online transactions. We have an obligation to our clients to fulfill our responsibilities in a timely manner. Since the demand is growing we are looking to hire new Escrow Agents who would like to join our company. One of the requirements is to have a PayPal and know how to use it. Experience in a similar industry is a plus, but is not mandatory. This is a remote part – time position that can be done from home.
* Impeccable ethics
* Ability to follow instructions precisely
* Ability to solve problems autonomously
* Self-motivation, time management and consistency
* Communication skills appropriate for a business setting
We offer a monthly salary of $2400 plus commission from each transaction.
If you have and know how to use PayPal and would like to make extra income please apply for the position of an Escrow Agent in reply to this email.
Escrow Global Limited
(Notice how the first paragraph they stated their name was Alex Marten but the name in the signature says Alea Stuart??)
When our reader responded asking for more information, they were sent this reply:
Dear (name removed),
We are happy to hear back from you, and now we will be glad to tell you more about work opportunities at our company.
The Escrow Global company provides services facilitating the sales of goods on Internet auctions to people who live in countries where PayPal restrictions on incoming payment are in effect, and also it provides an Escrow Service which guarantees that all obligations undertaken by the Seller and the Buyer are fulfilled in time.
Our website address is: http://www.escrowglobalgroup.com there you can find all of the information about our company.
At the moment, the Escrow Global company is expanding its partner network of Escrow Agents worldwide. If you have a PayPal account and want to earn up to $2400 monthly, get a job as an Escrow Agent at the Escrow Global company, and gain new experience in the field of e-commerce and secure online transactions.
It is easy to earn money with Escrow Global! Fill in the Application and become an Escrow Agent as of tomorrow!
Fill in the application here: http://www.escrowglobalgroup.com/form/
The main office of Escrow Global Limited is located in United Kingdom. In the United States our office is in Glen Allen, Virginia.
However this is a location independent position, which means you are not expected to work at our office. You can work from anywhere, provided you have an internet connection. You can even work from home.
What is Escrow and how does it work?
An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.
You are an Escrow Agent of the Escrow Global company, and the payment is received in your PayPal account from the Sellers and the Buyers on the basis of the Escrow Agreement.
As an Escrow Agent, you visit your online account, which will be provided to you, several times a day to check for new transactions.
When you see there are new transactions, you enter them as the second Escrow Agent and follow the company’s instructions.
An Escrow Agent receives 2,400 dollars, which is paid monthly, less all applicable taxes and withholdings.
An Escrow Agent participates in the bonus program and receives 5% in their PayPal account of all transactions in which he/she is involved as an Executor.
Do I need to pay for anything to get started?
The job does not require initial contributions or other payments.
How do I start?
If you have a PayPal account, you can become an Escrow Agent. Fill in the Application and we will contact you within 48 hours.
To fill in the Application follow this link: http://www.escrowglobalgroup.com/form/
You may contact us at any time by email: firstname.lastname@example.org; or by phone: 877-254-0868; and share your questions or concerns
We look forward to your reply.
Escrow Global Limited
Although this may sound legitimate to some, beware! They intend to deposit THOUSANDS of dollars into YOUR Paypal account pretending it’s coming from a “buyer”, and have you transfer the cash (minus your 5%) to your bank, withdraw the cash and wire it to the “seller” who is someone YOU DO NOT KNOW overseas via Western Union or MoneyGram. Once you have done that, then you will find out weeks later the paypal deposit was fraudulent and the scammers will have disappeared leaving YOU responsible to pay Paypal the thousands of dollars you transferred to your bank account or face prosecution!
A legitimate Escrow company will never require an agent to use their own personal bank account or Paypal to handle third party transactions between a buyer and seller.. period!
Always keep in mind, if it sounds too good to be true, it most always is so trust your instincts, it’s usually right.
What To Do If You Are A Victim
If you have fell victim to an employment scam like this, most likely your Paypal account will be frozen or closed due to fraud. Next file a police report with your local authorities and then file a complaint with the FBI’s internet crime center at http://www.ic3.gov/
If you provided your personal information like ss # birthdate etc , you need to contact the 3 credit bureaus- TransUnion, Equifax and Experian, and place a fraud alert on your report. These criminals can steal your identity and may try and obtain credit in your name. Doing this will alert you for at least 90 days about any suspicious activity.
In the hands of a thief, just your name, address, Social Security number or date of birth, can be used over and over months- even years down the road to:
Open new lines of credit
Seek medical attention
Drain savings and retirement accounts
Provide an alias when arrested
Get a job or file false tax returns
Get Payday Loans in your name
Obtain service agreements for cellular service or utilities
Obtain Government Documents such as a drivers license or passport
That’s why I highly recommend you get some sort of ongoing identity theft protection such as the services offered through companies like LifeLock-Visit Their Website Here or Identity Force-visit their website here! LifeLock and Identity Force are both reputable companies that monitors your accounts and alerts and protects you from identity theft.
Have you received a suspicious email offering you a “job” with Escrow Global Limited or other work at home “Escrow Agent” job that you never applied for? Feel free to copy and paste the email in the comments so we can help alert and prevent others from becoming victims.
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