Connect with us

Hi, what are you looking for?

Money Management

Is Your Rental Property Being Hijacked Online?

A new tech-centric scam is having a particularly strong effect in Florida.

Anything can be copied and sold online by a scammer, including entire properties. A new scam has surfaced, and it can lead to all kinds of trouble. It works like this: a scammer sees your legitimate ad for a rental online. They copy all the information and even the pictures. They then list the same property on other sites, but at a lower price. They entice online customers to pay them, then they vanish.

This scam can lead to a hassle for you, as well as a serious loss for online shoppers who thought they were paying to rent out your property. Both seller and landlord impersonation have been around for a while, but they are both now more common than you might realize.

If you own a home, be careful advertising online. Try to search up your own property and see if anyone is copying your ad elsewhere for a lower price. If you’re seeking to rent or buy, always meet the landlord or property owner in person. If a seller or landlord refuses to meet in person, that’s a serious red flag and they should be avoided. If someone suspicious claims to work for a real estate company, take their name and call the company. Also look the company up on the Better Business Bureau and other platforms to confirm their legitimacy.

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...