Your Company Asks You to Borrow $4 Million? Beware of Employment Frauds with Lending Trap
2026-04-16
There may be fraudsters within all recruitment platforms! If you just started working in a new company not long ago (especially work from home), and the company asks you to borrow money in personal capacity with various excuses, your job is highly likely to be an “employment fraud with lending trap”. Recently, a victim applied for a post of “administrative assistant with an hourly wage of $100”. After working for a little while, the victim was asked to borrow money in personal capacity, and finally bore the burden of a $4 million plus loan.