Craigslist Currency Exchange Supporter - Is it a scam???

Currency exchange supporter, only for Paypal customers. (Anywhere)
Currency exchanger currently recruiting Paypal VERIFIED customers, I'm able to perform UPFRONT online payments, your share will be 10%, regardless of any fees. if you're experienced with Paypal, you understand it's a harmless operation between Paypal accounts, all you'll have to do is to forward an invoice with the negotiated price to my customer's email. Requested information will be only to perform a paypal payment, which's paypal email only. There's nothing related to checks, only genuine transfers via Paypal. You'll be able to withdraw the Paypal funds within 10 hours. ONLY VERIFIED PAYPAL ACCOUNTS WILL BE ALLOWED.
Location: Anywhere
Compensation: £500 - £1000 weekly
Telecommuting is ok.
This is a part-time job.
This is a contract job.
This is at a non-profit organization.
This is an internship job
OK to highlight this job opening for persons with disabilities
OK for recruiters to contact this job poster.
do NOT contact us with unsolicited services or offers

Welcome to ScamWarners...

It looks dodgy to me, if you can could you post the headers or a link to where you saw the advert.

I have a feeling that Paypal would not allow this type of work !

ETA I found this

http://london.craigslist.co.uk/ofc/4227797931.html

If that is the advert, personally I would not trust Craigslist

yes that is the advert, I questioned this because it said it was OK for recruiters to contact them.

Where was the re-directed link can I ask?

this is the link to the advert - http://london.craigslist.co.uk/ofc/4227956587.html

Welcome to Scamwarners emsk30,

Yes, it is a scam. The scammer wants to use your good standing Paypal Account to receive stolen money. He will then have you forward part of the money to him.

The scammer is hiding behind fake identification and free email address. What will happen is the victim who sends you the money will realize that he/she was scammed. The victim will notify Paypal and your account will be frozen. You will have to re-pay the money back along with possibly being investigated by the Police. It is a money laundering/mule scam.


Craigslist Warning:

DEAL LOCALLY WITH FOLKS YOU CAN MEET IN PERSON - follow this one rule and avoid 99% of scam attempts.
NEVER WIRE FUNDS VIA WESTERN UNION, MONEYGRAM or any other wire service - anyone who asks you to do so is likely a scammer.
FAKE CASHIER CHECKS & MONEY ORDERS ARE COMMON, and BANKS WILL CASH THEM AND THEN HOLD YOU RESPONSIBLE when the fake is discovered weeks later.
NEVER GIVE OUT FINANCIAL INFORMATION (bank account number, social security number, eBay/PayPal info, etc.)
AVOID DEALS INVOLVING SHIPPING OR ESCROW SERVICES and know that ONLY A SCAMMER WILL "GUARANTEE" YOUR TRANSACTION.
DO NOT RENT HOUSING WITHOUT SEEING THE INTERIOR, OR PURCHASE EXPENSIVE ITEMS SIGHT-UNSEEN - in all likelihood that housing unit is not actually for rent and that cheap item does not exist.

Originating IP: 124.124.127.108
Originating ISP: Reliance Communication Limited
City: Kolkata
Country of Origin: India

[email protected]
Currency exchange supporter, only for Payp
al customers. (Anywhere)
Currency exchanger currently recruiting Paypal VERIFIED customers, I'm able to perform UPFRONT online payments, your share will be 10%, regardless of any fees. if you're experienced with Paypal, you understand it's a harmless operation between Paypal accounts, all you'll have to do is to forward an invoice with the negotiated price to my customer's email. Requested information will be only to perform a paypal payment, which's paypal email only. There's nothing related to checks, only genuine transfers via Paypal. You'll be able to withdraw the Paypal funds within 10 hours. ONLY VERIFIED PAYPAL ACCOUNTS WILL BE ALLOWED.

Location: Anywhere
Compensation: £500 - £1000 weekly
Telecommuting is ok.
This is a part-time job.
This is a contract job.
This is at a non-profit organization.
This is an internship job
OK to highlight this job opening for persons with disabilities
OK for recruiters to contact this job poster.
do NOT contact us with unsolicited services or offers

Criminals have a massive demand for 'money mules' and their frauds are useless without accounts through which to launder money. To make matters worse, each money mule will only usually get to launder one payment before their account is frozen and shut down.

It was inevitable that they'd target Payal users as they can never satisfy their need for money mules through bank account holders alone, and people are more cautious about their bank accounts.

I'm a scam baiter and I can't help but see that this is type of scam is easily 'baited', as the scammer can't easily verify whether or not any e-mail address is a real Paypal connected account.

It would be a disaster for an 'honest' money mule to allow their Paypal account to be used to launder stolen funds, even as an innocent party because, as far as I am aware, the payer can recall any payment if they have been duped and this charge will be put to your card/account whether you're an innocent dupe or not. This puts the victim in a far better position than if the money had gone straight to a bank account, as the loser in this case will be the holder of the Paypal account.

Intriguingly this means that any foreign money launderer who opens an account with a UK bank could then use it to operate a Paypal account, and the bank would be stuck with the overdraft when the money launderer abandons it. I'm sure that UK banks would be a little more cautious if they found money launderers adopting this tactic.

Any bank that holds the accounts of money launderers is taking risks and evidences sloppy and lax procedures and control which puts itself at risk of financial loss.

Under no circumstances whatsoever should you receive money in to your Paypal account to pay on to someone else. Every cent you receive you will have to repay to the person who sent you the money, and the person you sent the money to won't help. You'll have just allowed him to run up a 'tab' at your expense.