Abstract— In the last few years social networks are gaining a vital importance and its popularity is tremendous. We can say that social media has become a part of the every one lives. Social media networks are widely used by people for various purposes like interactions, looking for opportunities in business and career, entertainment and so-on. But it has evidently shown that there are lot of frauds taking place through these online platforms. It has become a wide cyber threat in these social media sites. Especially the targets are those people who look for business opportunities, work from home job opportunities. The purpose of this article is primarily to explain the fraud type and the damage it might do to consumers.