Internet 2.0 Conference Talks About Scams & Fraud In The WFH Culture
Wisconsin Eagle/10223022

LAS VEGAS - WisconsinEagle -- The tech industry is sounding the alarm after reports of a new kind of scam cropping up worldwide. Remote workers are being targeted with fraudulent offers of employment and investment opportunities as companies scramble to adapt to a new normal of telecommuting.

As work-from-home policies become increasingly commonplace, tech employees and professionals must be vigilant of scam offenses and other fraud schemes which are surfacing almost daily. After noticing the growing scam in the sector, the Internet 2.0 Conference talked about this particular scam at one of its fireside chats. It was planned at Mandalay Bay, Las Vegas, USA, on December 19-21, 2022.

More on Wisconsin Eagle

• RWA Infra Development L.L.C. announces the $RWAID token. "$RWAID tokenizing infrastructure for the masses."
• Why Milwaukee's Cappachino Is the Rapper Everyone's Talking About
• Mental Health Awareness Month—Tennessee Enacts Psychotropic Testing Law
• Be Prepared for the Qualitative and Quantitative Effects of Tariffs: How Businesses Can Navigate Potential Disruption in Finances and Production
• Bold Beauty Project UCLA Edition Photography Exhibition on May 18

Speakers shared how scammers are taking advantage of the situation, attempting to manipulate individuals and businesses for their gain. One type of fraud commonly seen in the tech sector involves the creation of fake jobs, complete with a "sign-on" bonus or an "investment" opportunity. These "offers" can sound tempting; however, they usually have very real consequences if they take someone in.

Victims are usually asked to pay a fee upfront in order to begin the job or invest, with scammers asking for everything from wire transfers to credit card numbers to even gift cards as payment. Those taken in by this scam not only lose their money but can also suffer irreparable damage to their reputation or professional standing, reviews Internet 2.0 Conference.

Experts at the Internet 2.0 Conference urged individuals to verify the legitimacy of a job before committing to any offers of employment or investment opportunities. A few easy steps highlighted by the speakers to protect oneself from scams and frauds include: verifying the legitimacy of the job or offer, checking if the job is based in the country they're targeting, and not transferring money upfront or giving out credit card numbers until one is certain the job or investment is legitimate.

More on Wisconsin Eagle

• Genuine Hospitality, LLC Selected to Operate Claridge House Chicago Gold Coast
• Lamar Odom Issues Public Challenge to X Platform Over Censorship of His Anti-Addiction Crypto Campaign
• New "Colorful Characters" Mural Honors Legacies of South Madison Leaders
• Madison: South Bedford Street Closure at North Shore Drive
• Madison Public Libraries Closed for Staff In-Service Day on May 15; Other Upcoming Hours Changes

Fraudsters prey on people's trust and willingness to work hard. In order to protect yourself, you must remain vigilant and use caution. This is especially true as work-from-home policies become the new norm in the tech industry. If you suspect something isn't right with an offer, report it to the authorities as soon as possible. Learn more about the challenges of the tech and innovation industry by attending the forthcoming editions of the Internet 2.0 Conference in 2023.