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Is this crypto offer legit or just a scam alert?

Woolworths Employee Sounds Alarm | Crypto Proposal Raises Eyebrows

By

Fatima El-Hakim

Jun 9, 2026, 06:41 PM

Edited By

Omar El-Sayed

Updated

Jun 9, 2026, 07:44 PM

2 minutes needed to read

A Woolworths employee assisting a customer at self-checkout with a smartphone showing a bank app, illustrating a suspicious crypto offer

A Woolworths employeeโ€™s encounter with a suspicious crypto proposal during their shift is gaining traction online, prompting serious concerns from people about potential scams. The scheme promises $400 weekly for downloading a banking app, yet it has many questioning the legitimacy of such offers.

What the Offer Entails

The proposal pitched to the employee included:

  • $400 weekly for simply installing the Up bank app.

  • Referral bonus: An additional $100 for every recruited individual.

Growing Doubts Among the Community

Feedback from various forums indicates a pervasive skepticism:

  • "Youโ€™re going to be used as a money laundering mule."

  • "Youโ€™ll end up paying hefty taxes if you agree to this."

  • "This is a scam and a fraudโ€”what a terrible one at that."

Commenters expressed worry that these schemes facilitate tax evasion and money laundering. One noted, "Theyโ€™re likely using you to avoid paying capital gains tax. If you agree, you'll pay a hefty tax bill come EOFY.โ€ Others stressed the risk of being implicated in illegal activities: "Theyโ€™ll use your account and you could face jail time for it."

Expert Opinions Echo Caution

Cybersecurity experts agree that this type of scam should be taken seriously. Awareness is crucial, especially with the Australian Federal Police (AFP) receiving reports on increasing fraudulent tactics. Itโ€™s clear that caution is necessary to avoid liability.

Key Insights from Online Discussions

  • ๐Ÿ”ด Worry Over Accountability: Concerns about being blacklisted by banks if involved.

  • โš ๏ธ Legal Repercussions: Participants could face serious charges.

  • ๐Ÿ“ Reporting Mechanisms: Alerting authorities can aid in tracking scammers.

"It's using you to move stolen money," warned one commenter, underscoring the risks of easy money offers.

Ongoing Proliferation of Crypto Scams

These fraudulent offers are likely to persist as the cryptocurrency sector expands. Experts believe that nearly 70% of such proposals come from untrustworthy sources, preying on peopleโ€™s desire for quick cash. As law enforcement increases scrutiny, scams may grow more sophisticated. Individuals need to be vigilant against potential risks tied to these enticing offers.

Historical Context and Future Lessons

This crypto scam scenario reflects past financial exploit patterns, similar to lottery scams in the 1990s that lured people with guaranteed winnings. Both strategies promise great returns while hiding their ulterior motives. Just like these lottery scams prompted caution and action, todayโ€™s crypto-related scams may increase awareness and community resilience against fraud.

Curiously, will we see more people stepping forward with similar experiences? Stay cautious and share your stories in the comments.