ICMAI Issues Notice Against Employment Fraud/Unfair Practice



Quick Summary
The Institute of Cost Accountants of India (ICMAI) has issued a warning regarding fraudulent individuals and groups offering fake employment opportunities. These entities are using the ICMAI's name, logo, and even false letterheads and email addresses to send out bogus recruitment materials, including call letters and SMS messages. Job seekers are being duped into depositing money into fake bank accounts in exchange for these fraudulent offers. ICMAI clarifies that they have not authorised any external agencies for recruitment and that any employment offer not originating from their official HR department, following a formal process, is an attempt at fraud.

Notice Against Employment Fraud/Unfair Practice

It has come to our notice that certain individuals/groups of individuals/institutions have been fraudulently offering false employment opportunities on behalf of The Institute of Cost Accountants of India(ICAI).

These individuals/institutions have been sending out fake employment call letters/offers and other bogus recruitment material including sms etc. using The Institute of Cost Accountants of India’s (ICAI) name, logo to defraud job seekers.

False letterheads and E-mail id’s, sms etc. may have been created using ICAI logo/office address. Job seekers could be duped of money as these fake recruiters ask candidates to deposit a sum of amount/draft /cheque etc. in their fake bank accounts, to receive an offer letter from the Institute.

ICMAI Warns Against Fake Job Offers and Employment Fraud

We hereby declare that all such statements and representations made in such correspondence are not made on behalf of or with any authorization from any of The Institute of Cost Accountants of India’s (ICAI) Offices.

Employment to any candidate without a direct contact by the HR Department of the Institute, followed by a formal recruitment process to include a personal interaction session, would be considered an attempt of fraud.

The Institute of Cost Accountants of India(ICAI) has neither affiliated nor engaged any individuals/groups of individuals/institutions/agency for recruitment apart from those officially empanelled for the said work.

Issued by The Institute of Cost Accountants of India, for the awareness and to safeguard the interest of all aspirants/applicants and general public.

FAQ :

The ICMAI is warning the public about individuals and groups fraudulently offering fake job opportunities using the Institute's name and logo.

They are sending fake employment call letters, offers, and SMS messages using the ICMAI's name, logo, and even false letterheads and email addresses.

They ask candidates to deposit money, drafts, or cheques into fake bank accounts to receive a false offer letter.

No, ICMAI has not affiliated or engaged any individuals, groups, institutions, or agencies for recruitment, apart from those officially empanelled.

A genuine offer will come through direct contact by the HR Department of the Institute, followed by a formal recruitment process including a personal interaction session.

The notice is issued to safeguard the interests of all job aspirants, applicants, and the general public from employment fraud and unfair practices.




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