So far this year, 22 people have filed complaints with the Better Business Bureau of the Mid-South for online rental property theft.
MEMPHIS, Tenn. — Memphis’ housing crisis has opened the door for scammers trying to cash in on people needing a place to live.
So far this year, 22 people have filed complaints with the Better Business Bureau of the Mid-South for online rental property theft. Scammers place fake ads for properties that don’t exist or have permission to rent, hoping a victim will give them money for the property.
“The crooks lift pictures from a legitimate rental or MLS for a house, and then they create some urgency why you need to do the deal with them immediately,” said Randy Hutchinson, BBB of the Mid-South Executive Director.
Hutchinson said to be careful if the property is priced under the market price.
Having to wire money, not having the landlord meet you in person, or not being allowed inside the property are other red flags.