They never asked for money.
They've sent emails keeping me updated on the next steps of the process, specifically to verify my experience, name, address and email and then to tell me about the job, ie pay structure, hours, duties etc. Like any employer, they asked for a copy of my ID along with bank deposit information. I checked multiple times and my bank balance has not been touched. Not that there's much in there to touch....
One portion of my duties is to process payments via Moneygram and that is where I stopped dead in my tracks. I have not done any work for them but they are supposed to contact me tomorrow to start.
The moneygram portion was described as this: Receive a payment for example of a few hundred bucks then use just a portion of that payment to send to someone else. What happens to the excess is anybody's guess, I have not gotten that far in my "training" yet.
Not registering with the SEC is another giant red flag.
The manager's name is Gary Branch and their HR contact is Becky Hyde.
They've taken a lot of effort to make a great website. As legitimate as it looks, after the moneygram surprise, I am having a hard time believing they are. Why would an investment firm pay me to stand in line at moneygram when they could just set up online wire transfers bank to bank....like Merril Lynch or Edward Jones does?
I wonder how many people have been hired beside me and are they having a similar experience?
