I'm so tempted to join this work-at-home business called Eastern Financial Group ...?

You would be a Payment Processing Manager and you transfer money they put in your account to one of their clients and get 5% commission. I would open a new account at a different bank than the one I use. They also want US, Great Britain, and New Zealand citizens to do this. Does this sound legit? Anyone else out there working for Eastern Financial Group? Is this a way to get an outsourced job back to a U.S. citizen? So far, all they've asked for is my birth date, but I haven't submitted anything yet. Does this sound like possible identity theft or money laundering for Al Queda? Could it really be a good opportunity? Their website is http://www.easternfinance.co.in./

Thank you for any input.

7 Answers

  • Luis
    Lv 6
    1 decade ago
    Favorite Answer

    Not Al Queda, just a scam.

    What they do is send a false deposit into your account, and you then deposit the money for them and keep 5%. However when the bank gets the deposit, usually a false cheque, it'll bounce. But this takes a few days.

    Basically it puts your account into a negative, and then you're stuck paying off this bill.

    Report them to authorities immediately, it is a scam.

    This same thing happened in my town, with students subletting. People would call people who had their places up for sublet, and say they were from a far off place. They then send a false money order for a large amount, larger than what's needed. They then ask for them to put it in their account and send them the difference. Then when the cheque goes through the banks and bounces, these people are stuck with a huge bill.

    The other thing these guys may get you to do is to divulge your own bank account information, then they just suck the money from your pockets.

    Don't fall for it, forward it to the cops.

    PS: The tell I think is in the fact that they say they deal with a lot of money, yet they're trusting absolute strangers without credentials or certification with this money. That's like me asking random people on the street to take my money and deposit it into my account, it's totally illogical.

  • 1 decade ago

    DO NOT DO THIS! My best friend decided to do this scam where she would deposit large amount of foriegn checks into her account for some company similiar to the one you want to work for and in the process of them taking their funds out, they also took money out of her account as well leaving her negative. They were smart about it though. When they took it out, they did leave a large amount of commission for her (about 3000$) and she did not spend it. After a month they took it out and some more money as well leaving her broke. These scam artists are getting smarter though. Think about it, when you open this account up, it under your name. And no one ever opens up an account for free, so you will have to start this new account up with YOUR money. Once they transfer these checks into YOUR account, they will have access. Even though its a new account at a different bank, its still your account. A lot of these scams are coming from individuals in countries like Nigeria and individuals in Europe who may or may not have involvement with Nigeria. Check out this link below to read more info on this. But DO NOT do this. If this was your business, would U trust someone over the internet to handle your company's money in a private account? I don't think so.

  • Anonymous
    1 decade ago

    I wouldn't trust anything that requires to transfer money like that. That's letting to many people into your finaciall life.

    If you are looking for a way to supplement some income or make money, I would love to share with you an opportunity that I have found. I love it, Im a mom of 2 and this is the best thing I have ever found. Please click my avatar and email or check out the links there.

    Good luck you!!!!

  • 1 decade ago

    This definitely screams some type of scam, money laundering, etc to me.

    Personally I would never get involved with anything where I was associating my name, tax ID, banking information or any other personal information with someone elses activities.

    Please be careful!

    Stephanie Sterling


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  • 1 decade ago

    It is a scam.I've checked the deal , was going to sign up a few months ago too, fortunately I changed my mind.Stay away from work at home online jobs, 99% of them are scams.

  • 1 decade ago

    If it sounds too good to be true, generally it is. Personally, I would pass on this type of work-at-home opportunity.

  • 1 decade ago

    I know it's an over used phrase, but If it sounds too good to be true, it probably is...

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