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With holiday season right around the corner, plenty of us are still running around trying to book a last-minute vacation rental. If that’s you, here’s what you need to know: scammers are ready with fake vacation rental ads. Rental scammers try to get your rental booking and take your money. But, when you show up for the vacation, you have no place to stay and your money is gone!
Here are some of the ways they pull off the scam:
Some scammers start with real rental listings. Then they take off the owner’s contact information, put in their own, and place the new listing on a different site — though they might continue to use the name of the actual owner. In other cases, scammers hijack the email accounts of property owners on reputable vacation rental websites.
Other scammers don’t bother with real rentals — they make up listings for places that aren’t really for rent or don’t exist. To get people to act fast, they often ask for lower than average rent or promise great amenities. Their goal is to get your money before you find out the truth.
So how do you avoid a rental scam?
If you sent money to a rental scammer, contact the company you used to send the money, such as your bank, Western Union, MoneyGram, Green Dot, iTunes, or Amazon and tell them the transaction was fraudulent. They may not be able to get your money back, but it is important to alert them of fraud.
Source FTC - by Ari Lazarus - Consumer Education Specialist
The most common Scam Investments include :
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Read More About Protecting Yourself From Scams
Other common financial scams:
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