Banks are warning of scam messages that target individuals with fake, highly paid job offers, designed to lure them into transferring money and potentially exposing them to financial losses.

The scam usually starts with a request to transfer small amounts on the pretext of starting the job or completing some procedures, before the demands escalate to larger sums, ending with the victim falling prey to fraud and losing their money.

Banks are working to raise awareness of the risks of online fraud and of the scam techniques that target individuals through fake offers and misleading messages, stressing the importance of caution and of not transferring money in response to such messages.