Avoid executive placement scams

The FTC sued a group of businesses and their owner, charging them with deceptively taking thousands of dollars from job seekers who had hoped to get executive-level positions. But you can just as easily connect with scammers who seem to be offering legitimate jobs—including executive positions.

Using fake emails, websites and corporate names, the businesses and their owner targeted people with executive experience, allegedly tricking job seekers into believing they were strong candidates for certain executive positions.

Hopeful candidates paid $1,200-$2,500 upfront for resume and recruiting services. . But after taking your money, it turns out they offer nothing but empty promises. Job seekers went on interviews—but staged interviews, not real ones. And there weren’t any real jobs, either.

Here are tips to avoid losing—instead of earning—big money:

  • Research the firm – get recommendations on executive placement firms from people you know and trust inside your industry.
  • Check out the email address.
  • Many legitimate job placement firms get their money from the hiring company, not the applicant.


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