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AOL Real Estate Editors Updated July 14, 2016 at 9:56 PM This other class of scam artists hooks renters by copying and reposting legitimate listings on sites like Craigslist , reports the Fox 40 ...
Purchasing a home is like investing in a piece of your legacy. Unfortunately, this makes real estate a prime target for con artists. According to the FBI’s Internet Crime Report 2021, the losses ...
A 2019 BBB study found that 43% of consumers shopping online for a rental property had encountered a fake listing, and more than 5 million people lost money in a rental scam.
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
Real estate scams are nothing new. But as rents, home prices, and inflation remain high in today’s volatile housing market, some industry experts warn scams could be on the rise.
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Another consumer reported to BBB Scam Tracker their experience with a party rental scam: “We hired [company name redacted] and [name redacted] to rent items for our son’s wedding. We paid her ...