Accounting, Payroll & Pension Issues/Scam?


I recently got an internship at Allco's Financial Group. They ask me to accept people's rent deposit it into my bank deduct a fee for my services and then put the remainder into their account. Is this a scam or a legit internship!? It seems too easy to be true? Please help!

From what I read onine, Allco appears legit. You did not describe the "rent deposit" you will be receiving- why are you collecting rent for them. I would be cautious, but I cannt say it is a scam. I would, emphatically, be sure to set up a sepapare bank account for this purpose.

This does not sound like an internship., but you did not comment n your duties other than receiving rent.

According to Wikipedia and other sources, they are in liquidation  now. Proceed cautiously.  

Accounting, Payroll & Pension Issues

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Arthur Naman


General accounting and bookkeeping questions. Specific questions pertaining to: monthly bookkeeping, preparing financial reports; reconciling accounts.

I cannot answer questions pertaining to pension or retirement planning.

This is not a forum to have homework answered. Please do your own homework.


30 years' experience doing tax and accounting work

MPA from Univ. of Texas at Austin, MBA Golden Gate Univ, San Francisco CA

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