Complaint Review: Instant Cash

Have just received this spam email and thought it warranted disclosure on Rip Off Report.
"Hello,

We thought that you might be interested in part time position to work from home with our company. My name is Jason Braun, project coordinator and your direct supervisor at Instant Cash Inc. Please read the information bellow about our company and your job description.

Instant Cash Inc. is an online-to-offline international money transfer service. Instant Cash Inc. currently offers a secure, fast, and inexpensive means to send money from any of 38 countries to recipients in 8 countries. Instant Cash Inc.'s headquarters is located in New York City, U.S. For more information, please visit our website:
instant-cash.net

There are 5 openings for a representative to assist in creation our virtual local presence for the back office functions. Person, who is accepted for this position, will perform these tasks:

1. Facilitate the financial transactions from the clients. Instant Cash Inc. will organize the sales and marketing campaigns. Our manager will inform you when the transaction is expected to arrive.
2. Report to our manager on arrival of the payment.
3. Forward the payment to the customer at the destination. The instructions will be provided on the case-per-case bases.
4. The average monthly salary is about 3500 - 4000 AUD. Your wages will be paid every month from the start of your employment by direct deposit to your bank account. You must have a bank account to receive wages from us. Plus you will receive a commission (2.5%) for the completed transaction. This commission will be paid out after every transaction. Also we have a rating system and bonus systems for the quarterly review. Dependant on your work results, you might be promoted to the management positions within 3-6 months.

To continue the application please fill in our online application:

instant-cash.net/index-2.html

Your information will be used only within Instant Cash Inc. Every employee, who satisfies our requirements, will be contacted by our manager. At that time you will be able to ask any questions you might have.

Good luck!
Jason Braun"

I followed the link to the website and the site displays the following "Copyright 2004, Instant-Cash.net"
on doing a whois lookup on the domain the following information displays
"Registrant:
Domains by Proxy, Inc.

DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States

Registered through: GoDaddy.com (http://www.godaddy.com)
Domain Name: INSTANT-CASH.NET
Created on: 08-Jan-06
Expires on: 08-Jan-07
Last Updated on: 08-Jan-06

Administrative Contact:
Private, Registration INSTANT-CASH.NET@domainsbyproxy.com"

I presume this to be the usual cheque cashing scam. The business sends you a cheque for $XXXXX - They instruct you to cash it and western union the amount less commission to another destination. Ten days later the cheque bounces and your bank naturally holds you responsible. Be ever vigilant and if it sounds too good to be true it is!

Wally
Warana
Australia