This weekly recap describes a task scam in which victims were paid to create fake sales and reviews, then told they had a “negative balance” and needed to deposit their own money to receive payment. One fraudster reportedly lost more than $4.8 million after proceeds from this scam were placed into compromised Ledger wallet addresses and later stolen.
Key findings
- A task scam paid people to create fake sales and reviews for real items before presenting them with a supposed negative account balance.
- Victims were told to add their own money to clear the negative balance and receive payment.
- A person operating the scam reportedly lost more than $4.8 million after thieves emptied three Ledger addresses holding the scam proceeds.
- Ledger paused sales through CryptoBilis and other third-party resellers after compromised hardware wallets were linked to an estimated $100 million in cryptocurrency theft.
Who’s being targeted
- Commonly targeted roles: Employees who use cryptocurrency, Finance personnel, Employees seeking online side work, Procurement teams.
- Affected industries: Cryptocurrency, Financial services, Retail.
Awareness takeaways
- Treat any request to deposit personal funds in order to unlock earnings, clear a balance, or receive a promised payment as a likely scam.
- Be suspicious of online work that pays people to create fake sales, ratings, or product reviews; do not continue if the process shifts from earning money to sending money.
- Buy security-sensitive hardware, including cryptocurrency wallets, only from authorized sellers and investigate unexpected changes to wallet setup or recovery information.
Read the video transcript
A side gig pays you to post fake sales and reviews. Then the dashboard says 'negative balance.' To get paid, it says, you must deposit your own money. That's the trap: your earnings become a bill. The money trail got stranger: someone running this scam reportedly lost over $4.8 million when three Ledger addresses holding the proceeds were emptied. Remember the switch: if a job asks you to pay to get paid, stop.