Cash-Transfers Inc

Want to earn $3500 to $4000 a month, working from home, for an international online-offline money transfer service?

Not if it is illegal, you don’t! So-called “company” Cash-Transfers Inc is recruiting money mules to be involved in illegal money laundering schemes.

The unsolicited email purports to come from Cash-Transfers project coordinator Luke Maxwell who is recruiting five representatives to conduct financial transactions.

The representatives can work from home and will be required to transfer money from clients to certain destinations. A commission of 2.5% is payable after transactions are completed. Bonuses are available quarterly. You also have the chance to be promoted to management positions within 3 to 6 months.

This unsolicited email reads exactly like emails sent by Instant Cash, another money transfer scam. In fact they are the same, just the names and dates have been changed.

Cash-Transfers also operates a slick website. Again, it’s a template website previously used by Instant Cash and others. You can check out our Instant Cash listing by clicking here.

Money transfer schemes work like this. The money transferred into your bank account is often stolen from other people’s bank accounts via the Internet. Scammers use Trojan and key logging viruses to capture customer online banking details. They need Australian bank accounts to launder the money through. Once you receive the money, you take your cut and pass the rest to a pre-arranged overseas destination.

There are laws against money laundering. There is a real possibility that you will be prosecuted. It is not worth the risk of prosecution and a criminal record.

The United Kingdom’s banking industry website www.banksafeonline.org.uk/spotting_scams.html has an up-to-date list of other money mule scams.