MUSCAT – The CBO stressed that using one’s bank account to receive or transfer funds on behalf of unknown parties may result in involvement in criminal activities, including money laundering, financial and electronic fraud, and illicit trade.
Authorities warned that these schemes are often disguised as work-from-home jobs, but are in fact traps targeting unsuspecting individuals.
Common red flags highlighted by the Central Bank include job offers that do not require interviews or formal procedures, requests to open new bank accounts specifically for employment, and instructions to receive or transfer money to third parties through personal accounts or e-wallets.
Other warning signs include promises of quick salary for simple tasks, contact through unofficial phone numbers or social media accounts, and offers allowing individuals to keep a percentage of transferred funds.
The Central Bank of Oman urged the public to remain vigilant and avoid engaging in any financial activity that lacks clear legitimacy or verified employer information, reiterating that individuals could face legal consequences for facilitating such transactions.