The economic slowdown, which caused severe job-cuts across the country, has brought new opportunities for frauds who, masquerading as representatives of IT companies, are luring employment-seekers with promises of good placements in lieu of some "security amount".
The frauds using names of Information Technology big- wigs like HCL, Wipro and other companies are sending e-mails to job-seekers, especially fresh graduates from management schools, promising them jobs in these companies at attractive pay-scales if they deposit some "refundable" deposits in their personal accounts.
Such mails have forced IT behemoth HCL Technologies to raise the issue with Nasscom and cyber crime cells of the Police Department. The company has even asked banks to "work on" account numbers mentioned in such mails.
Their modus operandi is simple. First, a three-line mail is send requesting the candidate to urgently forward his or her resume for a particular company.
The senders use email ids like wipro.Hr.4@gmail.Com, employer@timesjobs.Com, hcl.Computer.Ltd@gmail.Com to make their communications seem authentic.
Once the candidate replies back, another e-mail hits the Inbox with details of date and venue of the interview for the company. But this one comes with a rider to deposit anything from Rs 4,000 to 10,000 in a particular bank account as refundable security.
One such mail read, "Your offer letter with air tickets will be send to your Home Address by courier after receiving the confirmation of interview security deposited in HDFC Bank."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
