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.






share



























    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.






    share























      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.






      share













      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.








      share











      share



      share








      edited 5 hours ago









      RonJohn

      10.2k31848




      10.2k31848









      asked 6 hours ago









      ashif antor

      572




      572




















          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.






          share|improve this answer





















          • 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?
            – 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.
            – Charles E. Grant
            3 hours ago


















          up vote
          31
          down vote













          It’s 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.






          share|improve this answer




























            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.






            share|improve this answer






























              up vote
              1
              down vote













              This is a scam. There is no bitcoin ATM . The company will take your friends money and run.






              share|improve this answer

















              • 10




                I agree that it’s 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.
                – 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.
                – Charles E. Grant
                5 hours ago






              • 1




                my friend already do one transaction now what can he do ?he just afraided now
                – ashif antor
                4 hours ago

















              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.






              share|improve this answer





















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                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.






                share|improve this answer





















                • 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?
                  – 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.
                  – Charles E. Grant
                  3 hours ago















                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.






                share|improve this answer





















                • 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?
                  – 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.
                  – Charles E. Grant
                  3 hours ago













                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.






                share|improve this answer













                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.







                share|improve this answer













                share|improve this answer



                share|improve this answer











                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?
                  – 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.
                  – 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?
                  – 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.
                  – 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?
                – 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?
                – 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.
                – 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.
                – Charles E. Grant
                3 hours ago













                up vote
                31
                down vote













                It’s 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.






                share|improve this answer

























                  up vote
                  31
                  down vote













                  It’s 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.






                  share|improve this answer























                    up vote
                    31
                    down vote










                    up vote
                    31
                    down vote









                    It’s 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.






                    share|improve this answer













                    It’s 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.







                    share|improve this answer













                    share|improve this answer



                    share|improve this answer











                    answered 5 hours ago









                    Mike Scott

                    11.8k3446




                    11.8k3446




















                        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.






                        share|improve this answer



























                          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.






                          share|improve this answer

























                            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.






                            share|improve this answer















                            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.







                            share|improve this answer















                            share|improve this answer



                            share|improve this answer








                            edited 3 hours ago


























                            answered 4 hours ago









                            user

                            26419




                            26419




















                                up vote
                                1
                                down vote













                                This is a scam. There is no bitcoin ATM . The company will take your friends money and run.






                                share|improve this answer

















                                • 10




                                  I agree that it’s 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.
                                  – 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.
                                  – Charles E. Grant
                                  5 hours ago






                                • 1




                                  my friend already do one transaction now what can he do ?he just afraided now
                                  – ashif antor
                                  4 hours ago














                                up vote
                                1
                                down vote













                                This is a scam. There is no bitcoin ATM . The company will take your friends money and run.






                                share|improve this answer

















                                • 10




                                  I agree that it’s 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.
                                  – 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.
                                  – Charles E. Grant
                                  5 hours ago






                                • 1




                                  my friend already do one transaction now what can he do ?he just afraided now
                                  – ashif antor
                                  4 hours ago












                                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.






                                share|improve this answer













                                This is a scam. There is no bitcoin ATM . The company will take your friends money and run.







                                share|improve this answer













                                share|improve this answer



                                share|improve this answer











                                answered 5 hours ago









                                Dheer

                                46k755136




                                46k755136







                                • 10




                                  I agree that it’s 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.
                                  – 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.
                                  – Charles E. Grant
                                  5 hours ago






                                • 1




                                  my friend already do one transaction now what can he do ?he just afraided now
                                  – ashif antor
                                  4 hours ago












                                • 10




                                  I agree that it’s 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.
                                  – 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.
                                  – Charles E. Grant
                                  5 hours ago






                                • 1




                                  my friend already do one transaction now what can he do ?he just afraided now
                                  – ashif antor
                                  4 hours ago







                                10




                                10




                                I agree that it’s 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.
                                – Mike Scott
                                5 hours ago




                                I agree that it’s 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.
                                – 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.
                                – 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.
                                – Charles E. Grant
                                5 hours ago




                                1




                                1




                                my friend already do one transaction now what can he do ?he just afraided now
                                – ashif antor
                                4 hours ago




                                my friend already do one transaction now what can he do ?he just afraided now
                                – ashif antor
                                4 hours ago










                                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.






                                share|improve this answer

























                                  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.






                                  share|improve this answer























                                    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.






                                    share|improve this answer













                                    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.







                                    share|improve this answer













                                    share|improve this answer



                                    share|improve this answer











                                    answered 1 hour ago









                                    Brythan

                                    15.9k53751




                                    15.9k53751






















                                         

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