Most victims are contacted via Indeed for a new job where you are asked to purchase bitcoin for your company. If this happened to you, you are part of an elaborate banking scam!


Victims are sent money via  e-transfer or cheque for large sums of money to their bank account. They are then asked to withdraw the cash and use it to purchase bitcoin as part of an employment application process. The thieves usually offer a reward of $50-$100 for the victim’s assistance. A few days later the money sent via the e-transfer is linked to a stolen bank account and the transfer is reversed, leaving the victim with a negative balance and no bitcoin. 


We strongly recommend you report the job as a scam on the platform it was listed on. This will help prevent other Canadians from being defrauded.