SEC warns of 'tasking and recharging' job scams

The Securities and Exchange Commission (SEC) has issued a warning about the rise of 'tasking and recharging' job offer scams targeting job seekers.

Scammers contact potential victims through messaging apps like Viber, Messenger, and Telegram, offering menial tasks on dubious e-commerce platforms for small initial returns to lure them in.

Victims are required to deposit increasing amounts to access higher-paying tasks but often lose their money when scammers disappear after receiving large deposits.

The SEC advises the public to remain vigilant and report any suspicious job offers by emailing epd@sec.gov.ph.

Despite a declining unemployment rate, with 3.9% of the population unemployed as of May 2025, caution is emphasized when seeking employment opportunities online.