"Two years after graduating at the top of her class in college, Amisha Datta could not believe she'd lost $4,300 in a job scam. It wasn't just her 4.0 GPA that made her think she was impervious to fraudsters. It was also because the scam started when Datta, now 26, did what she's done dozens of times and what millions of people do daily: She applied to a job on LinkedIn."
"Both tell me they were initially embarrassed by being swindled, but now want to share their stories to help others avoid the same fate. Their experiences highlight how, with cheap AI tools like ChatGPT and social engineering, scammers are capable of deceiving even well-educated job seekers of any age by using a reputable career site as a launchpad for their crimes."
Scammers increasingly use reputable career sites like LinkedIn and inexpensive AI tools such as ChatGPT combined with social-engineering tactics to create convincing fake job offers. Well-educated applicants of any age have been deceived; one recent victim lost $4,300 and another lost roughly $15,000 after applying to postings that appeared legitimate. Between 2020 and 2024, consumer reports of job and employment-agency scams tripled, and reported monetary losses rose to $501 million from $90 million. Automated AI-generated applications have overloaded job openings, causing filters to reject qualified candidates and stalling the white-collar job market, which increases worker desperation and exploitable opportunities for fraudsters.
Read at Business Insider
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