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SCAMwatch is warning consumers to be extremely cautious about getting involved in business opportunity schemes that promise a lot of income for little or no effort.

SCAMwatch is warning Australians to be on the lookout for a new chain letter scam seeking to take advantage of the current economic climate.

Have you recently received a spam email offering you work as a 'transfer manager' or 'financial' manager for an overseas company? These 'job offers' are scams!