Wednesday, July 29, 2009

Interesting new Real Estate Scam

Nigerian scammers find homes listed for sale on these public search sites, copy the pictures and listings verbatim, and then post the information onto Craigslist.

After the posting is listed, unsuspecting individuals contact the poster (fraudster), for more information on the "rental." The fraudster will state that they had to leave the country very quickly to do missionary or contract work in Africa and were unable to rent their house before leaving, therefore they have to take care of this remotely. The "homeowner" sends the prospective renter an application and tells them to send them first and last month's rent to the fraudster via Western Union. The prospective renter is further told If they "qualify," they will send them the keys for their house. Once the money is wired to the fraudster, they show up at the house, see the home is actually for sale, are unable to access the property, and their money is gone.


Ok, in this day and age, everyone needs to be that little bit more paranoid. I mean, come on, wire them the first and last months rent without even getting into the building? Personally, you deserve to lose your money then.

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