I reprint below with links deleted, a job posting from Monster.com. This looks ostensibly like a legitimate employment listing but read on.

UPDATE:  I have rearranged the name of the company used in this fraudulent email, because I am being inundated with search hits.  I assume this is law enforcement looking for these guys, but its skewing my stats.  incidentally if this is law enforcement, its pretty heavy handed, and surely the bad guys aren’t that stupid, or are they!

This is from a crime syndicate, and they are recruiting individuals to launder the results of phishing. Here is how it works: Once you are hired you open an account at, in this case the Royal Bank of Canada. They (the bad guys) who have stolen consumers online banking credentials, send money using email money transfer to you. You then withdraw the cash, and immediately wire it using Western Union to the bad guys, probably somewhere in Eastern Europe.

The bad guys were able to steal customers credentials using software embedded into their computer (key loggers) which was downloaded at the same time as porn, music or while visiting some questionable site. The other common way they get consumers credentials, is using phishing emails, where they pretend to be Citibank, or Paypal etc, and ask you to log in to re-activate your account. At that time the consumer is simply sending their username and password to the bad guys.

They prey on low income people, or people who need fast cash, particularly students. If you hear of anyone with such a job alert them to this illegal activity immediately.

Moral: Always be aware of where you are on the internet, be suspicious of every email with a hyperlink, be suspicious of any download site, and think twice about those jokes and attachments from your friends with the “joke of the week”.

PS .. turns out a search shows up a company called S1_a1_f1_e1_M1_e1_d1 Inc in San Diego. They appear legitimate, and I am sure will have no association with the email below, ostensible from Europe.

_______________________________________________________
Monster.com

S1_a1_f1_e1_M1_e1_d1. is a UK based company selling medical goods.
We have reached high sales volume of pharmaceutical products in UK and also,
in other European countries and we are now trying to penetrate in the
Canadian market. Unfortunately, we are facing new difficulties regarding taxes.
The international money transfer tax for legal entities (businesses) in UK is 30%,
whereas for the individual, it is only 6%. That’s why our company is looking forward to hiring agents to receive payments for our products and to resend the money to us. This way we will save money due to the tax decrease.

JOB DESCRIPTION
Agent’s work consists in receiving payment from customers (Royal Bank of Canada bank transfer or direct deposit) and making further payments to our main office or to one of our regional affiliate departments, depending on the customer’s location. Being a part-time job, it should not take more than 2 hours per day. Agent’s commission is 6% from each transaction (for instance: you
receive $1500.00 to your bank account, you will withdraw the money and keep 6%
as payment for your service). All further money transfer charges and fees are covered by our company. So you will be responsible just for making proper payments in time. Each transaction will be made only after prior notification by phone call or e-mail.

The new recruitment program has been started recently for we are in
need of regional financial managers whose work consists of distributing
funds received from our customers and suppliers. You are not required to
have any extra knowledge or to be experienced in this business and
this occupation can endow additional income to you and your family as it
will not require more than few hours per week. If you are interested in our offer, please feel free to ask for the general provisions of the contract.

Requirements:
Adults only
Residents of Canada
Owners of a computer with e-mail access
2-3 hours free time within the work day
Owners of a Royal Bank of Canada Personal Account or willing to open one.

For further informations and inquiries about the job offering, please feel free to
contact us by e-mail at any time.

E-mail us today at S1_a1_f1_e1_M1_e1_d1@aol.com for more details on joining our part
time employees or for an immediate start.
S1_a1_f1_e1_M1_e1_d1 Inc.