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  • Geebo 9:21 am on October 12, 2017 Permalink | Reply
    Tags: new york, rental scam,   

    Rental scammer goes the extra mile in fleecing victims 

    Rental scammer goes the extra mile in fleecing victims

    By now, we should all know how the craigslist rental scam works. A scam artist will copy a real estate ad from a legitimate realtor then paste it into craigslist but lowering the rental price to lower than market value. The ‘renter’ will then ask for the money to be wired to them and won’t let you inspect the interior of the home. Here’s a video about how the scam normally works.

    One family from Upstate New York found themselves victims of the rental scam, but their scammer used a completely different scam. According to the family, the scam artist represented himself as a real estate agent. He allegedly showed the family the inside of the home and even had them sign a lease before taking their money. It wasn’t until some time later when the bank knocked on the family’s door asking them why they were living in the home. The scammer was said to have had multiple victims, however, performing such an elaborate scam left him a large target for police who had no trouble in apprehending him.

    Again though, the same caveats apply to this rental scam as they do the others. Do your homework. Check the county appraiser’s website to find out who is actually renting the home if it’s even for rent. And as always the age-old adage applies, if it seems to good to be true it probably is.

     
  • Geebo 9:03 am on August 7, 2017 Permalink | Reply
    Tags: Baltimore County, Keith Mills, Maryland, rental scam, squatters   

    You don’t even have to be doing business online to become the victim of a scam 

    You don't even have to be doing business online to become the victim of a scam

    Normally, when you’re the victim of an online rental scam, you’re usually the person who thinks they rented a property only to learn the property was not for rent at all and the person you gave money to was a con artist. Those victims often find themselves broke and sometimes homeless. Recently, in Baltimore County, Maryland, that exact scam happened but another victim was drawn into the scam as well.

    Keith Mills is a contractor who owns the home and was living there while he was remodeling the home. He went away on vacation for over a week and when he returned he found the locks were changed and someone was living in his home. The people living in the home claim they had rented the home on craigslist and had the right to be there. The problem is Mr. Mills was not renting the home on craigslist and the people who had moved in had paid a scammer. So one might assume you just call the police and have the squatters removed. Not so, in this case. According to local law, Mr. Mills has to go to court to prove he is the owner of the house, then he can have the other people removed.

    It sounds like Mr. Mills was showing the property as it had a realtor’s lockbox on the door. So it’s possible someone had copied the realtor’s ad to craigslist and listed the property for rent instead of for sale which is a common craigslist scam. If you’re selling a property through a realtor, it might behoove you to keep an eye on the local real estate listings on the less than reputable websites to make sure no one is copying it.

     
    • Salman 7:49 am on August 8, 2017 Permalink

      OMG.
      I guess we all are surrounded by scammer no matter we are online or real estate business firm.

  • Geebo 9:02 am on July 27, 2017 Permalink | Reply
    Tags: , rental scam,   

    The cost of online rental scams 

    The cost of online rental scams

    A number of people tend to think that the real estate rental scams that take place online are no big deal. That couldn’t be further from the truth. Currently, southwestern Florida is experiencing a surge in these rental scams. The scam is the same one that’s been plaguing certain classifieds sites for years. A con artist, or artists, will copy an ad from a property that’s being sold and change the ad to make it appear that the property is for rent. Then the scammers will claim to be renting it at a reduced price that’s hard to resist. On top of that, they’ll try to lure in people who are either undocumented in this country or people with low credit scores. Of course the scammers will put restrictions on how you deal with them such as only contacting them through email or not letting you view the property before sending them some form of down payment or processing fee.

    WFTV in Florida supposes that if one of these scammers collected the $310 ‘processing fee’ that the scammers are asking from two people a day, the scammers could end up with a quarter million dollars in a short amount of time. That’s not even taking into account the victims who will not only be out of their money but could also find themselves without a place to live.

    The best way to find out who the true owners of the property are and if it’s for rent is to go to your county’s appraiser website. However, the best way not to get scammed is to not use that certain classifieds site that is the flame to the moth for real estate scammers.

     
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