by HannahsDad
Sun Mar 31, 2013 6:57 pm
Union Stock Brokerage Services at http://unionstock.net
Yet another Audit Cash money mule recruiting scamsite
Payment Posting Clerk here http://unionstock.net/index.php?action=vacancies
Creation date: 23 Mar 2013
Expiration date: 23 Mar 2014
Same address as Share Stock ( see viewtopic.php?f=34&t=68747)
In the process of being reported for fraud
Job description and FAQ
Yet another Audit Cash money mule recruiting scamsite
Payment Posting Clerk here http://unionstock.net/index.php?action=vacancies
Creation date: 23 Mar 2013
Expiration date: 23 Mar 2014
Address
Union Stock Inc.
Office Suites
636 Liberty Ave
2nd Floor
Pittsburgh, PA 15222
USA
Same address as Share Stock ( see viewtopic.php?f=34&t=68747)
In the process of being reported for fraud
Job description and FAQ
I'm very interested in your offer and would like to know more about the Payment Posting Clerk position.
Payment Posting Clerk's job is to receive payments from both our customers and partners and transfer these further according to the details specified by our company.
The Payment Posting Clerk must be able to:
Strictly follow the instructions.
Enable permanent contact with him/her during business hours.
Fill out payment documents (payment invoice, payment orders, etc) with due care and diligence.
Provide regular reports in accordance with company's valid regulations and forms.
Have confident PC user skills.
Mail business offers, promotional and other information through electronic communication systems.
Handle various problems and immediately report these to the Senior Manager.
How can I get my payment?
Base salary ($2,500) is paid at the end of each month via wire transfer to your bank account. Commission (5%) should be deducted from the money received.
Are there any start-up fees? Is it required to pay fees out of my pocket?
You don't have to invest your own money to get started. Furthermore all fees are paid from received money, so, WE NEVER ASK YOU TO SPEND YOUR OWN MONEY.
Do I have to travel?
As this is an online job, no travelling is required. You'll only have to visit banks and WU/MG locations.
How many hours a day do I have to work? What will the hours be? Is this a 7 day job?
Working hours are 9-11 a.m., Monday through Friday. Hours are liable for change. Although it is possible to work less days per week, hours are strictly enforced. Please contact our job department with your propositions as to your individual work schedule and we'll work together to create a customized schedule that will work for both our company and you as our employee.
Who is responsible for tax and different commission payment?
Our Company provides compensations for covering your commission payments deducted by the bank while operating with money resources. You have to consider the fact that commission payment for Western Union/Money Gram transfers will be covered by you from your own amount of fee. You will be provided a 1099 Form at the end of the year. In case the transfer commission exceeds 3%, the Company will reimburse you part of the amount, which will be automatically added to your base salary. The company undertakes to pay taxes accrued in connection with money transfer (see our contract - EXHIBIT A).
What is the origin of the money?
Money that is deposited into your account comes directly from our clients willing to use instant money transfer service within the USA. You will always be aware exactly where the money is coming from and where it is going. For additional security we provide Invoices for all transactions completed.
Who pays Western Union/Money Gram compensation for money transfer?
Our employees' salary is calculated according to the following formula: base salary + the percentage of the total amount of transfers + the compensation percentage for commission deducted by Western Union/Money Gram. The service of money transfer through Western Union/Money Gram system is covered by you out of the commission provided. If the commission fee exceeds 3%, the difference will be compensated by the Company and added to the base salary automatically.
It is not clear why you need Payment Posting Clerk's. Isn't it easier to make direct transfers?
As we cater for securities, investments and brokerage services, provision of high expediency of payment operations and possibility to offer instant transfers to our system have become our highest priority tasks. While ensuring these proactive services we offer our customers strong competitive advantages in the context of flexibility and tailored response to the changes in the securities market and therefore possibility to increase their revenues. Alternatively, direct money transfers inevitably incur certain delays, e.g. an interbank transfer takes from 1 to 5 days, which is not admissible for the securities market, where fluctuations might happen very often. Therefore we prefer to use our Payment Posting Clerk's network to open accounts with all major banks worldwide, while our customers transfer money by internal bank payments, which take from several minutes to 3 hours.
Why do you agree to pay extra money as Western Union/Money Gram fees?
This is the only system nowadays, which offers prompt payment transfers. Western Union/Money Gram fee is initially added to the customer service fee and therefore is indirectly charged to the customer.
What amounts are you going to transfer to my account and how often will you do it?
Transfer amounts range from USD 1,000 to USD 10,000. In general, you are supposed to get 1-3 tasks a week.
Is it a legitimate job?
Our business activity is certified by major operators and publishing houses in the international financial and IT markets. You are welcome to browse our website and follow the link to Our Partners to see certificates and feedback from numerous well-known companies, as well as extracts from our news reports and other outside sources.
Is there any confirmation of the fact that money is transferred legally?
Yes, each money transfer includes an enclosed invoice certified by our company official seal and an authorized person's signature. You would always be aware of where the funds are coming from and where they are going. We work closely with local authorities and get audited by IRS on yearly basis. Invoices will reflect transactions covered with the provided funds as well as the amount of service payment. You will also find information about the fact that the provider, i.e. our Company, is fully responsible for money transfer.
How much is it legally supported? What are Payment Posting Clerk's guarantees?
Payment Posting Clerk's network is our know-how, widely known in financial market nowadays. Our company has won the 2nd Award at the Finance Investments Management International Forum for this system development. All reports to the tax authorities are to be prepared and submitted in person. All kinds of services provided by our company are licensed by proper organizations and covered by annual audit control just like it is done as regards to all other companies involved in money transfer operations. Within the whole period of its operation, our company did not have a single claim or, what is even of more importance, court actions caused by improper execution of our obligations. The level of our reliability could be better understood if you review the list of our permanent Partners as well as information on our Company provided on the Web. Year after year, our Company takes the lead among the most reliable and legally supported companies of the world. All guarantees for Payment Posting Clerk are specified in the Contract, electronic form of which is of the same legal capacity as its paper version. An invoice, accompanying each money transfer operation, serves as an additional guaranty.
Sometimes I might leave for vacations (during the week-end) with my family or fall ill. What do I do in case I fail to make a transfer?
In such a case you should notify us in advance. We are not going to ask you about the reasons destracting you from work - this is your private matter. However, you do have to specify in a notice you send us the period, during which your cooperation with us will be suspended. Also, please note that suspension of your availability for cooperation with us IS NOT A REASON for any fines!
What will happen if I fail to send the money within one business day?
This is one of the most important questions. Should an Agent fail to fulfill his/her assignment to transfer money on time, this will entail certain losses for our company and subsequently reflect on the revenue we receive. Under these circumstances we will bill the Agent with the amount, which will be enough to cover the company's damage. This compensation might amount up to 70% of the transfer amount. However, we understand that certain circumstances might prevent Agent from sending money in time. In such case Agent sends us a relevant notification note. This situation does not involve any fines for Agent, provided this happens not more than once and the reason is of serious matter.
Can I cancel the contract unilaterally?
Yes, you can, if:
you do not have company's, clients' or partners' money on your account
not a single remittance was made to your account
you provide a preliminary notice by fax or e-mail one week before canceling the contract
No, you can't, if:
you have company's, clients' or partners' money on your account
money has just been transferred to your account
there are any unsettled arguments and disputes between you and the Company
What is the hiring process for this position? Do I need to come in for an Interview?
This is an on-line, home based position. There is no formal Interview process for this position and most of communication is done on-line; however, if we have any questions as to your application process, we will contact you by phone.
In determining whether you are a qualified candidate for this position we perform various criminal and state background checks. Mainly we look for any outstanding delinquencies that you might have with your state and for any criminal convictions. Both of these background checks help us to determine whether you are a qualified candidate.
Do you use checking or savings accounts?
We work with both savings and checking accounts.
If you’re a new customer at the bank, the bank might place a hold on the funds being received. Although we work closely with the bank to try and resolve such holds as soon as possible, for this reason we ask that your current account be at least 90 days old.
If you feel more comfortable with opening up a new bank account, please make sure that you open the new account within the same bank as your current one, as you have already established history with them.
NOTE: At this moment we do not work with MetaBank. In addition, if you decide to use an already established account for this position, the amounts of transfers increase, thus increasing your total income.
Isn’t the bank going to say something about so much money going through my account?
Not really, we hardly ever experience any problems while working with the banks. If asked about the funds, simply let them know that you are completing a job.
Why do I have to use my personal account?
The reason you use your own account for this job is because this job is considered to be an Independent Contractor position, which requires Payment Posting Clerk's to use their own account during their probationary period. Once employed Full Time we would provide you with a bank account through our company.
Do I wait until the transfer clears before sending money according the instructions?
Yes, you sure do. If there is a hold placed on the funds received, we will work closely with the bank to try and clear any holds. We DON'T DEAL WITH CHECKS - WIRE TRANSFERS ONLY.
When can I expect to begin receiving money transfers?
We'll start working in 2-3 business days after your account activation.
Why are you gathering so much information about applicants? Such attention, especially to bank account essentials, puts me on guard.
Contemporary financial system is a complex instrument, which controls financial streams. The problem is that any transfer may be delayed (from 1 to 5 days) but it is unacceptable for our business. Transactions should be completed by a Payment Processing Agent the same day money is deposited into the bank account. Otherwise, we risk losing money, clients, reputation. Analyzing all the required details we'll be able to prepare tasks for every agent individually. Applicant has to answer all questions carefully to avoid delays while working with his/her bank. The success of our cooperation depends on the accuracy of provided details! Please be serious.
Money Mule explained: https://en.wikipedia.org/wiki/Money_mule
Reshipping explained: http://about.usps.com/publications/pub3 ... ch_022.htm
Boiler room scams explained: https://economicfrauds.net/boiler-room
Reshipping explained: http://about.usps.com/publications/pub3 ... ch_022.htm
Boiler room scams explained: https://economicfrauds.net/boiler-room