There are idea how to steal employee money at freelancer.com. I was its victim. I share it for employees to never user "hourly" billing.
So, when you create hourly project, you set price per hour and how much hours you permit to spend during a week. So, lets say, you have 4-hours project, you set $10 per hour, and you expect to spend $40 max.
However, freelancer.com hourly limits are BULL$#*!. These limits are not enforced. So, employee can manually add hours and you will be FORCED to pay them.
So, now employee adds 100 hours manually and your credit card is charged for $1000 now, even you set limit to $40 and never expected this fraud.
It is how it works. Freelancer.com encourages fraudulent guys to cheat the system by creating of limits (so you think you are protected) and making these limits not working (so fraudster can charge you as many money as he wants).