According to CU Police, the email offers a part-time, work-from-home job.
One student received two checks from her "employer" totalling $6,640.
She was told to deposit the checks into her person account and then forward $5,960 - using her own funds - to an address in California.
However, the employer's checks did not clear and the victim lost nearly $6,000 to the mysterious California account.
Another student received a similar job posting and was promised $300 for working just five hours.
"The email stated that a Cyprus-based company offering 'business consultancy services' needed regional representatives to help order and process office supplies. A later e-mail said that a $300 salary would be 'pre-paid' and arriving in the form of a $2,900 check from a 'client.' The student was instructed to deduct her $300 salary and pay the 'supplier' the remaining amount. The student became suspicious and reported the incident to CU Police. She did not lose any funds," a release sent to 9NEWS states.
CU Police are warning students about the scam and have the following tips to avoid falling victim to online scams:
- Be cautious if an online/e-mail job posting claims "no experience necessary."
- Be cautious of exaggerated claims of possible earnings or profits.
- Beware when money is required up front for instructions or products.
- Do not give your Social Security number when first interacting with your prospective employer.
- Be wary when replying to unsolicited e-mails for work-at-home employment.
- Research the company to ensure it is authentic.
(KUSA-TV © 2012 Multimedia Holdings Corporation)