Job-Search Scams on the Rise in the Recession

As the recession sends more people out into the job market, scammers are setting their traps. And boy, are they devious

Ronnie Kaufman / Corbis

For years, Richard Pierre found job candidates on popular work-search websites with postings for positions like a $70,000-a-year gig to be a programmer analyst in Toronto. The problem: Pierre wasn't an employer but a huckster who wound up stealing personal information from dozens of job seekers, fraudulently opening 44 credit cards and racking up some $300,000 in charges.

The Ottawa police busted Pierre, but for anyone looking for a job, his existence is still haunting. It's bad enough that folks out of work have to deal with an unemployment rate that is pushing double digits, but now...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!