Accounting, Payroll & Pension Issues/Scam?

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Question
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!

Answer
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

Expertise

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.

Experience

30 years' experience doing tax and accounting work

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

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