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  • Geebo 8:00 am on June 7, 2022 Permalink | Reply
    Tags: , rental scam, ,   

    Zillow not immune to rental scams 

    Zillow not immune to rental scams

    By Greg Collier

    When we talk about rental scams, victims typically find fraudulent listings on Craigslist or Facebook Marketplace. These are where rental scammers frequently post rental listings that they’ve stolen from legitimate realtor listings. The scammers then claim to be the landlords of the properties while falsely collecting things like application fees, security deposits, and first month’s rent. Since neither of those platforms are regularly monitored for rental scams, it’s easy for rental scammers to find victims.

    One platform we don’t often talk about when it comes to rental scams is Zillow. As a matter of fact, we often recommend using sites like Zillow as a guideline to see whether a rental listing is fraudulent or not. While Zillow is more reliable than Craigslist or Facebook Marketplace, it seems their listings shouldn’t necessarily be taken as gospel.

    A woman from New York recently moved her family to North Carolina to find somewhere more affordable to live. She had found a listing on Zillow that was perfect. She contacted the person who Zillow said was the property owner. The man she communicated with was even able to get her into the home by providing the lock box code. However, the supposed property owner kept pressuring the woman by saying there were a lot of other interested renters and if she wanted to rent the property, she needed to act now. The woman transferred a $2000 deposit to the man. She went to the home expecting the man to show up with the keys, but instead a realtor showed up with a client. It was then she found out she had been scammed.

    When asked for comment, a Zillow representative stated that they go to great lengths to monitor for scams and provide scam prevention tips for users.

    If you’re looking to rent a house or apartment anytime soon, Zillow is a good tool to use, but should not be the only one you use. The best way to find out who actually owns a property is by check with the county’s tax office. Even if a potential landlord gives you the code to a property’s lockbox, that doesn’t necessarily make them the landlord. Scammers have been posing as customers of realtors in order to get the lockbox code. Lastly, if a landlord asks for the deposit through apps like Zelle and Venmo, or wire transfer, there’s a good chance they’re a scammer.

     

  • Geebo 8:00 am on June 3, 2022 Permalink | Reply
    Tags: , , , , rental scam, , , , ,   

    It’s time for vacation scam season again 

    By Greg Collier

    Memorial Day weekend often indicates the unofficial start of the Summer season. With that, many couples and families will be planning their Summer getaways. But the one thing we may not get away from are vacation scams. While some vacation scams may be minor, there are others that could have devastating effects that could end your vacation before it even begins.

    One of the more common and expensive scams is the Summer rental scam. Many properties listed online for Summer rental are often either misrepresented or non-existent. Just like in a regular rental scam, a scammer may have copied a listing from a legitimate realtor and posted it on places like Craigslist and Facebook Marketplace as if they own the property. At least in a local rental scam, a potential renter can swing by the property to look for any inconsistencies. It’s almost impossible to do that with a vacation rental, since the property is usually a large distance away. Even with vacation rentals, you should do a web search of the address to make sure the property is actually being rented and who is actually renting it.

    If you’re planning in using a short-term rental service like Airbnb or VRBO, there have been issues in the past where hosts have grossly misrepresented their properties in order to get as many renters as possible. This has included properties in states of disrepair, rooms that looked more like jail cells than a living space, and switching properties on renters altogether.

    Another common scam is the front desk scam. This is where scammers will call your hotel room in the middle of the night, posing as the front desk. The scammers will claim that there is a problem with your payment information and will ask you to verify the information. You should never give this information out over the phone. If there is an actual issue with the front desk, walk down to their office to verify any problems.

    A new scam we’re hearing about is phony rideshare drivers. They’ll claim they work for Uber or Lyft and just had a fare cancel on them. More than likely, they’ll claim there is an outage preventing them from using the service’s app for payment.

    Lastly, when at all possible, book your vacation and plan your expenses by using a credit card. Credit cards offer more protection than debit cards if you happen to fall victim to a scam. While once cash is lost, it’s lost forever.

     

  • Geebo 8:00 am on May 23, 2022 Permalink | Reply
    Tags: , , rental scam, resort town,   

    Rental scams in resort towns 

    Rental scams in resort towns

    By Greg Collier

    Steamboat Springs, Colorado, is an all-year resort town. In the winter, they offer the usual activities of skiing and snowboarding. During the summer months they have fishing, rafting, tubing, and kayaking thanks to the Yampa River. However, even resort towns have year-round residents, and finding a long-term place to live can become quite the challenge. It also presents quite the opportunity for rental scams to find victims.

    Recently, a man who was commuting to Steamboat Springs, wanted to live closer to his work. He found a two bedroom home that had a reasonable rent on Craigslist. He responded to the ad and was communicating with the supposed landlord through text. The landlord asked for first and last month’s rent, which amounted to $5500. The man was asked to make the payment through either Zelle or money order. The payment was made through money order. Right before the man was supposed to move into the property, all communication between him and the landlord stopped. The man went by the home to find it was already being occupied.

    The actual owner of the home was actually offering the home for short-term rentals on VRBO. VRBO is a competitor to Airbnb. According to the owner, he knew that someone was copying his VRBO listing on Craigslist. He would constantly have the listing flagged, only to have it reemerge on Craigslist a few days later. After the victim lost his money, both he and the homeowner went to the police. The police discovered that the money order was routed to an overseas account, which means it’s unlikely the victim will recover his losses.

    If someone is in the market for a new place to live and looking to rent, they should always do a web search on the property’s address. This should present them with a number of real estate websites, which should show them more information about the property. While not a guarantee of revealing a scammer, this does go a long way in helping find out the property’s true rent and availability.

    Also, if a landlord asks for payment through payment apps like Zelle and Venmo, it could be a scam. These money transfer apps should only be used between friends and family.

    Lastly, if a landlord only communicates through text without meeting in person, this could also be a red flag indicating a scam.

    While the desire for shelter is one of the most basic human needs, always try to exercise caution when looking to rent a new home.

     

  • Geebo 8:00 am on May 18, 2022 Permalink | Reply
    Tags: , , , rental scam, , ,   

    Is Zelle siding with scammers? 

    Is Zelle siding with scammers?

    By Greg Collier

    As we’re sure you’re well aware of, Zelle is a money transfer app that’s co-owned by several large banks in America. Its primary purpose is to transfer money between friends and family directly from your bank account. The most popular example given about these apps is splitting the check at a restaurant. Rather than several different people pulling cash out of their pocket, they can instead just send their portion of the bill to one person who picks up the tab. However, since it involves sending money online, scammers are using every opportunity to use Zelle, so they can steal from their victims. The banks that own Zelle aren’t helping matters either, since they tend to tell scam victims that their money is lost forever, even if the bank is the one who noticed the scam.

    A woman in New Jersey recently fell for a rental scam. She was sending money to a phony landlord for a rental property the landlord didn’t own. At first, she was asked to send a $160 through Zelle for an application fee to someone with a Wells Fargo bank account. She was then asked to send $1000 through Zelle, to the same person as a deposit. The scammer then asked her to send $1000 as another deposit and an additional $1000 as first month’s rent. This time, the money was sent to two different Zelle users, the first one mentioned and a new one with a Chase bank account. Again, all done through Zelle.

    When sending the last $1000 through Zelle, the woman’s phone locked up, and she wasn’t sure if the payment went through. The fake landlord told her to call her bank to resolve the issue. When she called her bank, Bank of America, they notified her that this was a scam. The bank representative put in a request to have the payments stopped. The woman then did the proper thing and notified both the police and the FBI. Six weeks later, Bank of America denied the request, allegedly claiming that Chase and Wells Fargo did not want to give the money back.

    All three of the banks mentioned in this post are co-owners of Zelle. Since they all share a payment transfer system, you might think that there’s a way to get money back from scammers. Instead, the banks claim that since sending money through Zelle is like sending cash, users should be careful who they send money to. No refund was offered to the victim by any of the three banks.

    While it is true that apps like Zelle should only be used between family and friends, why are the banks so reluctant to help scam victims? The bad press they’ve been receiving over Zelle can’t be helping, so why not put in protections that help the users instead of the scammers? The more these scams get reported on, the less Zelle will end up being used. So, which one would be more costly to the banks, helping scam victims, or shuttering Zelle?

     

  • Geebo 8:00 am on May 12, 2022 Permalink | Reply
    Tags: , , , , , rental scam,   

    Scam Round Up: Homeless victim loses savings in scam and more 

    By Greg Collier

    In this week’s round up, we have an update on a recent scam, a reminder of a grim scam, and a heartbreaking story on how heartless scammers are.

    ***

    You may remember a story from our last Scam Round Up where teachers in the Pittsburgh, Pennsylvania area were being targeted in a jury duty scam. More recently, this scam moved westward and is now targeting teachers from the Cleveland, Ohio area, with at least one teacher falling victim to the scam.

    This is where scammers pose as local police and tell their victims they missed jury duty and a warrant is about to be issued for their arrest. However, a payment over the phone will supposedly resolve the matter.

    Much like in the Pittsburgh scam, scammers are calling schools in the Cleveland area asking for specific teachers and threatening them with arrest. One teacher is said to have lost $2000 to these scammers.

    Again, when it comes to jury duty, all communication is done through postal mail and not over the phone.

    ***

    In Upstate New York, police there are warning residents about a scam affecting the families of the recently deceased. Scammers are calling these families posing as an actuarial company claiming there’s been a data breach of the deceased’s information. The families are then asked for personal identifying information of the deceased.

    In this instance, scammers are likely trying to commit identity theft. They want to do things like open credit cards or take out loans in the deceased’s name before the credit companies update their record.

    If you were ever to receive a phone call like this, the best thing to do is to ask for them to send a request in writing. While not a guarantee, this does go a long way on discouraging these kinds of scammers.

    ***

    If that story wasn’t disturbing enough, a homeless woman from Florida was recently taken for over $1000 in a rental scam. After saving up enough money for her and her newborn baby to rent a home, she responded to an online real estate ad. She was texted by the supposed landlord, who asked her to pay a $75 application fee over Zelle. She was told she couldn’t see the property for a few days since it was currently occupied. Then she was asked by the supposed landlord to send $1049 for the first month’s rent. Fearing she might not get the home, she sent the money.

    Anytime a prospective landlord can’t show the property for whatever reason, there’s a good chance they’re not really the landlord.

    ***

    We hope that our readers never have to deal with scammers like this. But if you do, we hope we’ve prepared you enough to detect them.

     

  • Geebo 9:00 am on February 16, 2022 Permalink | Reply
    Tags: , , , rental scam,   

    Face-to-face meeting still leads to rental scam 

    By Greg Collier

    Since the advent of online marketplaces, the rental scam has been a thorn in the side for tenants searching for new homes. For those who may not be aware, the rental scam is essentially when a scammer rents out a property they don’t own to an unwitting victim. The scammer takes the victim’s money while leaving the victim thinking they just rented a new home. Meanwhile, the scammer makes off with the victim’s money, while the victim could potentially be left without a home. These fake rental properties are often copied from legitimate real estate listings but listed at below-market rents to lure in victims. One of the warnings we typically give our readers is to be suspicious if a potential landlord gives excuses about meeting in person. But what can you do if a scammer agrees to meet you?

    That’s exactly what happened to a woman in Kansas City. She found a rental property listed on Facebook Marketplace that seemed perfect for her. She messaged the landlord about the property before talking to the landlord on the phone. The two finally met in person before the victim paid the landlord $1000 as a deposit and first month’s rent. However, the day before the victim was supposed to move into her new home, the landlord started giving excuses to the victim about meeting up to give the victim the keys. The victim went to the new home to wait for the landlord, but they never appeared. The victim had paid the landlord through the Venmo app, which basically meant the money was gone and couldn’t be recovered.

    Of course, when you first speak to a prospective landlord, you’re not going to know if they’re a scammer right off the bat. If they ask for payment in non-traditional means like a payment app or money transfer, that could be a good indicator that they’re trying to scam you. But before you even get to that stage, any potential renter should research the property first. Something as simple as a web search of the property’s address could reveal a scam in the making. If the address turns up for sale or has a higher rent, the odds are that the listing you found is part of a scam.

     

  • Geebo 9:02 am on December 29, 2021 Permalink | Reply
    Tags: campsite, , , , , rental scam, , , ,   

    You can be scammed at any vacation lodging 

    You can be scammed at any vacation lodging

    By Greg Collier

    Currently, we’re still in the middle of the Christmas vacation season. We hope our readers’ vacation plans went off without a hitch. Hopefully, you didn’t have to experience the massive flight cancellations that took place over the holiday weekend. We also hope your vacation lodging was also to your liking.

    The reason we brought up lodging specifically it that there have been a coupe of stories in the news about people being scammed out of their lodging choices. For example, vacationers to Marco Island, Florida, showed up to what they thought were vacation homes that they rented, only to find out they were rented to someone else. It seems that the victim in these cases paid money to scammers who listed the vacation rentals online but didn’t actually own the properties they claimed to rent. This is just a variation of the rental scam where people think they’re renting a home they found on craigslist when the home is either actually for sale or being rented by a real estate agency instead of some guy from craigslist.

    So instead of getting a rental home, you decide to go camping. There’s no way you can be scammed camping, right? It turns out you can, The state of Indiana is warning campers about third-parties who are claiming to rent out campsites at state parks and forests. The scammers collect the money, but when the campers get to the site they thought they paid for, the site has actually been rented to someone else. In the Hoosier State, campers can only reserve campsites in the state parks through the state itself. Check to see if the state you’re going camping in has the same rules.

    Hotels and short-term rental platforms like Airbnb have their own set of scams to worry about. You can read more about those here and here.

    If you chose to stay home for the holidays this year, you may have made the safest choice of all.

     

  • Geebo 8:00 am on October 21, 2021 Permalink | Reply
    Tags: , , , rental scam,   

    Single mother pressured into rental scam 

    Single mother pressured into rental scam

    By Greg Collier

    Sometimes life throws challenges in our way that we’re not ready for. One minor bump in the road can have such a ripple effect that we find ourselves hoping for a miracle, so we can escape a desperate situation. For example, a single mother of three from Virginia need to find a new home immediately for her and her family after recovering from a number of illnesses. However, instead of finding a miracle, she found a scammer waiting to rob her of the little money she had saved for a deposit on a new home.

    She had found an affordable rental on Facebook Marketplace where her kids wouldn’t have to change schools. After filling out an ‘application’ to rent the property, the landlord said that there was another person who was getting ready to rent the property. If she still wanted to rent the property, she would need to pay the landlord right away through gift cards, since she couldn’t get away from her job. Unfortunately, she did end up sending $900 in gift cards to the supposed landlord for a property that wasn’t even being rented.

    As with most rental scams, online listings are copied from ads where homes are for sale instead of being available for rent. Scammers will copy ads off of Zillow and repost them on free platforms like Facebook Marketplace. The fake ads will almost always have the same word for word description used in the Zillow ad. Then the properties are listed for below-market value rent to lure victims into the scam.

    While everyone’s situation is different, no matter how desperate you may be, a rental property should be researched first before handing over any money. A quick web search of the address will usually bring up the original listing that the fake ones are copied from. And as with any scam, gift cards are a red flag in almost every situation. No real landlord or rental agency will ever ask for gift cards as a form of payment.

    In stressful situations like this, are judgement is often clouded. If you can, always try to take a step back and ask yourself if this situation seems off or too good to be true.

     

  • Geebo 8:00 am on October 5, 2021 Permalink | Reply
    Tags: , Coinstar, , , rental scam,   

    You can’t rent a house through Coinstar 

    You can't rent a house through Coinstar

    By Greg Collier

    I think we can honestly say that this is one of the more unusual rental scams that we’ve heard of.

    It starts out as your typical rental scam. A scammers has listed a home for rent online that they don’t own at a below-market price. An Arizona man responds to the listing and wants to see the house first before giving the phony landlord any money. The scammer tells the man that the house is open, so the man can see it at his convenience. That part was true, the house was left open for the man to tour. While this is not the part of the scam that we find unusual, scammers often make appointments with realtors to get the codes to the lockboxes realtors use to secure the houses. The scammers then give the code to prospective victims, so they can tour the home. This tactic more than most makes the scammers appear legitimate.

    The man wanted to rent the home and told the scammers so. This is where the unusual part comes in. The scammers told the man to go to Coinstar. We all know Coinstar. It’s where we take all our loose change to convert into dollar bills. However, Coinstar can also be used to convert money into two of scammer’s favorite currency, gift cards and Bitcoin. Thankfully, this was the red flag that made the man realize this was a scam. The house wasn’t even for rent, it was for sale. The scammers copied the legitimate listing posted by the realtor and then made their ad look like they were renting the house. That’s the most common tactic of the rental scammer.

    Before you contact anybody about touring a home you saw listed online, you should do a web search of the address of the home. This can often show you the actual rent and the actual realtor selling or renting the home. Zillow and Raltor.com are great ways to help detect fraud, as many phony listings are blatantly copied from these platforms. Also, no legitimate rental agency or realtor is going to ask you to pay any application fees are down payment in gift cards or cryptocurrency.

     

  • Geebo 8:00 am on August 17, 2021 Permalink | Reply
    Tags: , landlords, , rental scam,   

    The rental scam from the landlord’s perspective can teach us a lot 

    By Greg Collier

    Recently, landlords have gotten a bad rap due to the eviction crisis brought about by the pandemic. However, many of them are just hardworking people using a property investment to make their living. When it comes to rental scams, we don’t often think of the legitimate landlord as being a victim of the scam. While they may not be losing money like the typical rental scam victim, they are spending precious time and resources to combat the scammers.

    In a typical rental scam, scammers will copy a legitimate listing of a home that’s for rent or for sale. The scammers will then post the property for rent on unmoderated platforms like Craigslist and Facebook Marketplace. Usually, the property will be listed at below-market value rent to try to entice a victim. Once the victim is hooked, the scammers will ask for money in the form of a deposit or first and last month’s rent. Some victims have even tried to move into the property, only to find that someone else is legally living there.

    A landlord from Vermont was recently interviewed by her local media, and she said that she continues to see her properties listed on craigslist by scammers. She also said that scammers are listing her properties on craigslist that aren’t even up for rent. This has led to people knocking on the doors of rented homes asking if they can see the property. The landlord also said that within a 48-hour period, her team will flag up to 15 fraudulent listings on craigslist. It doesn’t help that scammers are also flagging legitimate listings on craigslist as scam ads.

    So, as we always recommend, do your research in a property before committing any money to the process. A web search of the address can reveal a lot such as the legitimate listing if it is, in fact, for rent. Such a web search can also tell you what the typical rent is for that kind of property in the area. However, the best way to prevent falling into a rental scam is to check with the county’s tax assessor’s office or website to find who truly owns the property.

     

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