With home prices at record highs, and rents rising, many people are falling victim to fake rental listings.
Rent prices are up, so it's no surprise that many renters are looking for a good deal on rental homes. But, scammers are finding ways to trick you into sending cash for homes that aren't even available for rent.
"It's beautiful," she said, standing on the street in front of it."I have two grandkids who would have loved it.""I looked on Craigslist, and I found this rental house for $1,000 a month," she said."Nothing is $1,000 a month."Parks texted the landlord, and within minutes the classic rental scam began luring her in.
She wasn't bothered by the realtor sign out front, figuring the landlord either wanted to sell it or rent it.The landlord said he was out of town but would send her a key after she wired a $1,000 deposit. So she sent the money, via a money transfer app, but never heard from him again. It was all a scam.
The Federal Trade Commission says rental scams are all too common with scammers advertising rentals that aren't available, are really homes for sale, or don't even exist at all.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg“By my hand $DAI will die,” stablekwon tweeted in March. As his stablecoin $UST falls as low as 23 cents, DAI jumps back on top. But it still has a long way to go before it gets back into its pre-crash shape.
Read more »
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focusThe dangers posed by stablecoin to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system.
Read more »
Opinion | Big Oil Backs GOP Insurrectionists With $1 Million in GiftsKoch Industries, the top donor to the Sedition Caucus, is another major oil producer.
Read more »
Mid-century modern Bay Area home sells for $1 million over askingThe winning bid was an all-cash offer.
Read more »
Hospital sale to UMBC for $1 is approvedSpring Grove Hospital’s campus to be shuttered in coming years
Read more »
Viral story leads to donations of $1 million for coach of underdog debate teamCoach K.M. DiColandrea drained his savings to fund his debate team. Then his former student told his story to Humans of New York.
Read more »