Too Good to be True? Job-Seekers Beware

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As 15 million Americans are currently unemployed, there are also plenty con artists preying on them.

Imagine you're out of work and you see an ad for a job paying as much as $500 a week to assemble angel pins at home. Sounds too good to be true, right?

That's what Teresa Yeast thought, too, after she answered an ad from a company called Angel Pin Creations. She thought it was something she could manage while caring for her two children with disabilities.

"I've been scammed and it hurts, it hurts a lot," Yeast said.

Teresa's husband was out of work, so out of desperation to make money she sent the company the $580 for the kit to make the angels.

"It was not money that I had to spare," she said. "It was money that I sent in was in faith."

But the kit was incomplete, making it almost impossible to piece the angels together.

"I think that was their objective, to wear you out, frustrate you to the point you give up and they have your money and you are just done," Yeast said. 

That didn't stop her. She attempted to send in sample, after sample, after sample. The company turned all of them down.

"What happens inevitably is that the craft is rejected for some reason or another," Monica Vaca, with the Federal Trade Commssion said. "It's not perfect in one way. It's not perfect in another way."

But Yeast is not alone. The FTC says job scams like this one are on the rise. The Commission is now suing about a dozen companies accused of scamming job-seekers. 

Investigators estimate Angel Pin Creations made $832,000 in a single year by making "false and baseless claims that consumers could earn substantial income from angel pin assembly, when in fact they could not."  

"What these fraudsters are doing is they look at the headlines and right now what's in the headlines is a very high unemployment rate," Vaca said. "So they know how to exploit vulnerabilities."

Meanwhile, the FTC hopes to shut the Angel Pin company down -- and they're using victims like Teresa to help them do it.

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Charlene  Aaron

Charlene Aaron

CBN News Reporter

Charlene Aaron serves as a general assignment reporter and helps anchor for the CBN News Channel.  Follow her on Twitter @CharNews and "like" her at Facebook.com/CharleneIsraelCBNNews.