Is this work legal or illegal?

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An online company hired my friend as account assistant. They said to him we are in the business consulting firm. We need a account assistant in every area. The account assistant work is some of company they work with send a money to my friends account by inter account e-transfer. My friend needs to withdraw the money and go to the bitcoin ATM and send the money to our dealers because they are whole sale company and their dealers receive the money only in bitcoin .
My friend thinks about it and wants to do the job.
He want my opinion that's why I asked the question because I don't want my friend face any problems.
scams online-banking bitcoin online-trading
add a comment |Â
up vote
10
down vote
favorite
An online company hired my friend as account assistant. They said to him we are in the business consulting firm. We need a account assistant in every area. The account assistant work is some of company they work with send a money to my friends account by inter account e-transfer. My friend needs to withdraw the money and go to the bitcoin ATM and send the money to our dealers because they are whole sale company and their dealers receive the money only in bitcoin .
My friend thinks about it and wants to do the job.
He want my opinion that's why I asked the question because I don't want my friend face any problems.
scams online-banking bitcoin online-trading
add a comment |Â
up vote
10
down vote
favorite
up vote
10
down vote
favorite
An online company hired my friend as account assistant. They said to him we are in the business consulting firm. We need a account assistant in every area. The account assistant work is some of company they work with send a money to my friends account by inter account e-transfer. My friend needs to withdraw the money and go to the bitcoin ATM and send the money to our dealers because they are whole sale company and their dealers receive the money only in bitcoin .
My friend thinks about it and wants to do the job.
He want my opinion that's why I asked the question because I don't want my friend face any problems.
scams online-banking bitcoin online-trading
An online company hired my friend as account assistant. They said to him we are in the business consulting firm. We need a account assistant in every area. The account assistant work is some of company they work with send a money to my friends account by inter account e-transfer. My friend needs to withdraw the money and go to the bitcoin ATM and send the money to our dealers because they are whole sale company and their dealers receive the money only in bitcoin .
My friend thinks about it and wants to do the job.
He want my opinion that's why I asked the question because I don't want my friend face any problems.
scams online-banking bitcoin online-trading
edited 5 hours ago
RonJohn
10.2k31848
10.2k31848
asked 6 hours ago


ashif antor
572
572
add a comment |Â
add a comment |Â
 5 Answers
 5
 
active
oldest
votes
up vote
32
down vote
It's a scam. Typically the way this will work is that the scammers will make a fraudulent money transfer into your friend's account. Your friend will convert the funds into Bitcoin and send it off to the scammers. After a few days or weeks, the bank will figure out that the original transfer was fraudulent and come after your friend's bank account to be reimbursed. There's no way to reverse the Bitcoin transfer, so your friend will be held responsible for the missing money.
 
 
 
 
 
 
 my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
 â ashif antor
 4 hours ago
 
 
 
 
 
 8
 
 
 
 
 If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
 â Charles E. Grant
 3 hours ago
 
 
 
 
add a comment |Â
up vote
31
down vote
ItâÂÂs a money-laundering scam, and your friend is likely to get into serious trouble, and possibly lose a lot of money, if he takes part.
add a comment |Â
up vote
4
down vote
As other people already replied: it's a scam.
Now you ask: "what can he do?"
He needs to alert the authorities, explain that he was unaware of the fraud, and asks what he can do. The police may be able, with his help, to stop this and arrest the scammers.
add a comment |Â
up vote
1
down vote
This is a scam. There is no bitcoin ATM . The company will take your friends money and run.
 
 
 10
 
 
 
 
 I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
 â Mike Scott
 5 hours ago
 
 
 
 
 
 4
 
 
 
 
 I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
 â Charles E. Grant
 5 hours ago
 
 
 
 
 
 1
 
 
 
 
 my friend already do one transaction now what can he do ?he just afraided now
 â ashif antor
 4 hours ago
 
 
 
add a comment |Â
up vote
0
down vote
Your friend should go to a lawyer. The lawyer can then make a deal with the government where your friend testifies as to the activities. Your friend may be asked to communicate with his "employer" to get them to do more illegal things. Or required to turn over his email, etc. to the authorities so that they can communicate with the "employer" and get them to give additional information.
If your friend cannot afford a lawyer, then the other alternative is to go to the police directly.
The big thing about this that screams scam is that the money is deposited into your friend's account. A real company would buy bitcoin from its own accounts. Processing through a third party account is either money laundering (your friend could go to jail) or a scam (your friend may lose the money withdrawn to bitcoin). Or both, your friend could be broke and in jail.
There is also a risk that they money is obtained illegally and the deposits into the account can be reversed.
Under no circumstances should your friend continue to participate without informing law enforcement.
add a comment |Â
 5 Answers
 5
 
active
oldest
votes
 5 Answers
 5
 
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
32
down vote
It's a scam. Typically the way this will work is that the scammers will make a fraudulent money transfer into your friend's account. Your friend will convert the funds into Bitcoin and send it off to the scammers. After a few days or weeks, the bank will figure out that the original transfer was fraudulent and come after your friend's bank account to be reimbursed. There's no way to reverse the Bitcoin transfer, so your friend will be held responsible for the missing money.
 
 
 
 
 
 
 my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
 â ashif antor
 4 hours ago
 
 
 
 
 
 8
 
 
 
 
 If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
 â Charles E. Grant
 3 hours ago
 
 
 
 
add a comment |Â
up vote
32
down vote
It's a scam. Typically the way this will work is that the scammers will make a fraudulent money transfer into your friend's account. Your friend will convert the funds into Bitcoin and send it off to the scammers. After a few days or weeks, the bank will figure out that the original transfer was fraudulent and come after your friend's bank account to be reimbursed. There's no way to reverse the Bitcoin transfer, so your friend will be held responsible for the missing money.
 
 
 
 
 
 
 my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
 â ashif antor
 4 hours ago
 
 
 
 
 
 8
 
 
 
 
 If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
 â Charles E. Grant
 3 hours ago
 
 
 
 
add a comment |Â
up vote
32
down vote
up vote
32
down vote
It's a scam. Typically the way this will work is that the scammers will make a fraudulent money transfer into your friend's account. Your friend will convert the funds into Bitcoin and send it off to the scammers. After a few days or weeks, the bank will figure out that the original transfer was fraudulent and come after your friend's bank account to be reimbursed. There's no way to reverse the Bitcoin transfer, so your friend will be held responsible for the missing money.
It's a scam. Typically the way this will work is that the scammers will make a fraudulent money transfer into your friend's account. Your friend will convert the funds into Bitcoin and send it off to the scammers. After a few days or weeks, the bank will figure out that the original transfer was fraudulent and come after your friend's bank account to be reimbursed. There's no way to reverse the Bitcoin transfer, so your friend will be held responsible for the missing money.
answered 5 hours ago
Charles E. Grant
4,02021713
4,02021713
 
 
 
 
 
 
 my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
 â ashif antor
 4 hours ago
 
 
 
 
 
 8
 
 
 
 
 If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
 â Charles E. Grant
 3 hours ago
 
 
 
 
add a comment |Â
 
 
 
 
 
 
 my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
 â ashif antor
 4 hours ago
 
 
 
 
 
 8
 
 
 
 
 If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
 â Charles E. Grant
 3 hours ago
 
 
 
 
my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
â ashif antor
4 hours ago
my friend already do one transaction now what can he do ? He to much afraid about this job .now what he can do for next step?
â ashif antor
4 hours ago
8
8
If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
â Charles E. Grant
3 hours ago
If it was me? I'd contact the bank, alert them to the possible fraud, and make arrangements to pay them back. A more cautious person might consult a lawyer before talking to the bank. A lot of this depends on how much money is involved, and local law enforcement. If we're talking about $50 then the bank is probably going to be fine with just getting their money back. If we're talking about $5000 which your friend can't pay back, then the bank may go to the local police.
â Charles E. Grant
3 hours ago
add a comment |Â
up vote
31
down vote
ItâÂÂs a money-laundering scam, and your friend is likely to get into serious trouble, and possibly lose a lot of money, if he takes part.
add a comment |Â
up vote
31
down vote
ItâÂÂs a money-laundering scam, and your friend is likely to get into serious trouble, and possibly lose a lot of money, if he takes part.
add a comment |Â
up vote
31
down vote
up vote
31
down vote
ItâÂÂs a money-laundering scam, and your friend is likely to get into serious trouble, and possibly lose a lot of money, if he takes part.
ItâÂÂs a money-laundering scam, and your friend is likely to get into serious trouble, and possibly lose a lot of money, if he takes part.
answered 5 hours ago
Mike Scott
11.8k3446
11.8k3446
add a comment |Â
add a comment |Â
up vote
4
down vote
As other people already replied: it's a scam.
Now you ask: "what can he do?"
He needs to alert the authorities, explain that he was unaware of the fraud, and asks what he can do. The police may be able, with his help, to stop this and arrest the scammers.
add a comment |Â
up vote
4
down vote
As other people already replied: it's a scam.
Now you ask: "what can he do?"
He needs to alert the authorities, explain that he was unaware of the fraud, and asks what he can do. The police may be able, with his help, to stop this and arrest the scammers.
add a comment |Â
up vote
4
down vote
up vote
4
down vote
As other people already replied: it's a scam.
Now you ask: "what can he do?"
He needs to alert the authorities, explain that he was unaware of the fraud, and asks what he can do. The police may be able, with his help, to stop this and arrest the scammers.
As other people already replied: it's a scam.
Now you ask: "what can he do?"
He needs to alert the authorities, explain that he was unaware of the fraud, and asks what he can do. The police may be able, with his help, to stop this and arrest the scammers.
edited 3 hours ago
answered 4 hours ago
user
26419
26419
add a comment |Â
add a comment |Â
up vote
1
down vote
This is a scam. There is no bitcoin ATM . The company will take your friends money and run.
 
 
 10
 
 
 
 
 I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
 â Mike Scott
 5 hours ago
 
 
 
 
 
 4
 
 
 
 
 I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
 â Charles E. Grant
 5 hours ago
 
 
 
 
 
 1
 
 
 
 
 my friend already do one transaction now what can he do ?he just afraided now
 â ashif antor
 4 hours ago
 
 
 
add a comment |Â
up vote
1
down vote
This is a scam. There is no bitcoin ATM . The company will take your friends money and run.
 
 
 10
 
 
 
 
 I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
 â Mike Scott
 5 hours ago
 
 
 
 
 
 4
 
 
 
 
 I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
 â Charles E. Grant
 5 hours ago
 
 
 
 
 
 1
 
 
 
 
 my friend already do one transaction now what can he do ?he just afraided now
 â ashif antor
 4 hours ago
 
 
 
add a comment |Â
up vote
1
down vote
up vote
1
down vote
This is a scam. There is no bitcoin ATM . The company will take your friends money and run.
This is a scam. There is no bitcoin ATM . The company will take your friends money and run.
answered 5 hours ago
Dheer
46k755136
46k755136
 
 
 10
 
 
 
 
 I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
 â Mike Scott
 5 hours ago
 
 
 
 
 
 4
 
 
 
 
 I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
 â Charles E. Grant
 5 hours ago
 
 
 
 
 
 1
 
 
 
 
 my friend already do one transaction now what can he do ?he just afraided now
 â ashif antor
 4 hours ago
 
 
 
add a comment |Â
 
 
 10
 
 
 
 
 I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
 â Mike Scott
 5 hours ago
 
 
 
 
 
 4
 
 
 
 
 I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
 â Charles E. Grant
 5 hours ago
 
 
 
 
 
 1
 
 
 
 
 my friend already do one transaction now what can he do ?he just afraided now
 â ashif antor
 4 hours ago
 
 
 
10
10
I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
â Mike Scott
5 hours ago
I agree that itâÂÂs a scam, but there is such a thing as a Bitcoin ATM. For example, I have seen one at Piccadilly Circus Underground station in London.
â Mike Scott
5 hours ago
4
4
I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
â Charles E. Grant
5 hours ago
I agree, this is definitely a scam, but there are bitcoin ATM. I walk by one on my way to work every day.
â Charles E. Grant
5 hours ago
1
1
my friend already do one transaction now what can he do ?he just afraided now
â ashif antor
4 hours ago
my friend already do one transaction now what can he do ?he just afraided now
â ashif antor
4 hours ago
add a comment |Â
up vote
0
down vote
Your friend should go to a lawyer. The lawyer can then make a deal with the government where your friend testifies as to the activities. Your friend may be asked to communicate with his "employer" to get them to do more illegal things. Or required to turn over his email, etc. to the authorities so that they can communicate with the "employer" and get them to give additional information.
If your friend cannot afford a lawyer, then the other alternative is to go to the police directly.
The big thing about this that screams scam is that the money is deposited into your friend's account. A real company would buy bitcoin from its own accounts. Processing through a third party account is either money laundering (your friend could go to jail) or a scam (your friend may lose the money withdrawn to bitcoin). Or both, your friend could be broke and in jail.
There is also a risk that they money is obtained illegally and the deposits into the account can be reversed.
Under no circumstances should your friend continue to participate without informing law enforcement.
add a comment |Â
up vote
0
down vote
Your friend should go to a lawyer. The lawyer can then make a deal with the government where your friend testifies as to the activities. Your friend may be asked to communicate with his "employer" to get them to do more illegal things. Or required to turn over his email, etc. to the authorities so that they can communicate with the "employer" and get them to give additional information.
If your friend cannot afford a lawyer, then the other alternative is to go to the police directly.
The big thing about this that screams scam is that the money is deposited into your friend's account. A real company would buy bitcoin from its own accounts. Processing through a third party account is either money laundering (your friend could go to jail) or a scam (your friend may lose the money withdrawn to bitcoin). Or both, your friend could be broke and in jail.
There is also a risk that they money is obtained illegally and the deposits into the account can be reversed.
Under no circumstances should your friend continue to participate without informing law enforcement.
add a comment |Â
up vote
0
down vote
up vote
0
down vote
Your friend should go to a lawyer. The lawyer can then make a deal with the government where your friend testifies as to the activities. Your friend may be asked to communicate with his "employer" to get them to do more illegal things. Or required to turn over his email, etc. to the authorities so that they can communicate with the "employer" and get them to give additional information.
If your friend cannot afford a lawyer, then the other alternative is to go to the police directly.
The big thing about this that screams scam is that the money is deposited into your friend's account. A real company would buy bitcoin from its own accounts. Processing through a third party account is either money laundering (your friend could go to jail) or a scam (your friend may lose the money withdrawn to bitcoin). Or both, your friend could be broke and in jail.
There is also a risk that they money is obtained illegally and the deposits into the account can be reversed.
Under no circumstances should your friend continue to participate without informing law enforcement.
Your friend should go to a lawyer. The lawyer can then make a deal with the government where your friend testifies as to the activities. Your friend may be asked to communicate with his "employer" to get them to do more illegal things. Or required to turn over his email, etc. to the authorities so that they can communicate with the "employer" and get them to give additional information.
If your friend cannot afford a lawyer, then the other alternative is to go to the police directly.
The big thing about this that screams scam is that the money is deposited into your friend's account. A real company would buy bitcoin from its own accounts. Processing through a third party account is either money laundering (your friend could go to jail) or a scam (your friend may lose the money withdrawn to bitcoin). Or both, your friend could be broke and in jail.
There is also a risk that they money is obtained illegally and the deposits into the account can be reversed.
Under no circumstances should your friend continue to participate without informing law enforcement.
answered 1 hour ago
Brythan
15.9k53751
15.9k53751
add a comment |Â
add a comment |Â
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