In today’s hot rental market, an online scam can rob a potential tenant of hundreds or thousands of dollars.
These insidious scams play out a number of ways, but the aim is to lure consumers with the promise of extra-low rent or no credit check, according to the Federal Trade Commission.
Some scammers hijack a bona fide rental or real estate listing by changing the email address or other contact information, and placing the modified ad on a different website.
“Other rip-off artists make up listings for places that aren’t for rent or don’t exist, and try to lure you in with the promise of extra low rent,” the FTC said. “Their goal is to get your money before you find out.”
In a number of recent cases……..read more.