Home Scams Pepsi Car Wrap Money Laundering Scam

Pepsi Car Wrap Money Laundering Scam

by Brett M. Christensen

Outline

Email claims that you can make $350 per week just by displaying advertisements for Pepsi on your car.

Brief Analysis

The email is a money laundering scam and is not from Pepsi or any genuine advertising company. The message is designed to trick you into accepting fake or stolen cheques and wiring a portion of the proceeds back to the criminals as cash.

Example

Subject: PEPSI CAR WRAP FREELANCE ADVERTISERS NEEDED!

We have an assignment in your area and your wages is 350 Canadian dollars per assignment.Earn $350 Per Week By carrying an Advertisement Pepsi Logo On Your Car/Truck For Pepsico.If you have got a car, truck you are qualified. The wrap doesn’t damage Car.For more details text #[Removed] your contact Phone #,& Make of car/year if you are interested to Regional Advert Coordinator.

You can reach me via e-mail geoley1455@gmail.com

Please reply to my email above only as the Craigslist would not work.

Have a Wonderful weekend,
Michelle Singleton
geoley1455@gmail.com

 

Detailed Analysis

Email Offers $350 Per Week For Putting Pepsi Ads On Your Car

According to this email, which is supposedly from an advertising company, you can make 350 Canadian dollars per week just by ‘wrapping’ your car with advertisements for Pepsi.

The message instructs you to text or email with your contact details and make of vehicle and assures you that applying the advertising warp will not damage your car.

 

Email is Fraudulent – Money Laundering Scam

However, the email is fraudulent. It is not from any genuine advertising company or from PepsiCo. Instead, it is a scam designed to launder the proceeds of crime.

If you contact the sender to take up the offer, you will soon receive a cheque, ostensibly to cover your first week’s fee. However, the cheque will be for considerably more than the specified $350.

The scammers will instruct you to bank the cheque, deduct the $350, and then wire the remainder to a third party as cash. The scammers will claim that the extra money is to cover expenses associated with creating and installing the advertising wraps.

However, the cheque will turn out to be fake or stolen and will be rejected by your bank. You will be wiring money back to the criminals, not to an installer as you may think. Via this mechanism, criminals are able to turn fake or stolen cheques into untraceable cash.

And, police investigating the fraudulent cheques may sooner or later arrive at your door. Thus, you may be left out of pocket an in potentially serious legal trouble for processing stolen cheques.

In some variations, the scammers will transfer money directly into your bank account. Again, you will be asked to withdraw the excess and wire it as cash to a third party. But, you will later discover that the money has been transferred from a hijacked bank account.

Scammers have repeatedly used the ‘car wrap’ ruse. Other versions claimed to be from Red BullRockstar Energy Drink, and HP.

There are also many other types of job related money laundering scams.

Be wary of any deal or job offer in which you are expected to accept money into your own bank account via cheques, money orders, or electronic transfers, deduct a portion as your payment, and then wire the remainder to a third party.

No legitimate company is ever likely to conduct its business in this manner.

Importance Notice

After considerable thought and with an ache in my heart, I have decided that the time has come to close down the Hoax-Slayer website.

These days, the site does not generate enough revenue to cover expenses, and I do not have the financial resources to sustain it going forward.

Moreover, I now work long hours in a full-time and physically taxing job, so maintaining and managing the website and publishing new material has become difficult for me.

And finally, after 18 years of writing about scams and hoaxes, I feel that it is time for me to take my fingers off the keyboard and focus on other projects and pastimes.

When I first started Hoax-Slayer, I never dreamed that I would still be working on the project all these years later or that it would become such an important part of my life. It's been a fantastic and engaging experience and one that I will always treasure.

I hope that my work over the years has helped to make the Internet a little safer and thwarted the activities of at least a few scammers and malicious pranksters.

A Big Thank You

I would also like to thank all of those wonderful people who have supported the project by sharing information from the site, contributing examples of scams and hoaxes, offering suggestions, donating funds, or helping behind the scenes.

I would especially like to thank David White for his tireless contribution to the Hoax-Slayer Facebook Page over many years. David's support has been invaluable, and I can not thank him enough.

Closing Date

Hoax-Slayer will still be around for a few weeks while I wind things down. The site will go offline on May 31, 2021. While I will not be publishing any new posts, you can still access existing material on the site until the date of closure.

Thank you, one and all!

Brett Christensen,
Hoax-Slayer