RICHMOND RCMP are warning the public of a current trend involving rental deposit scams. Since July, officers have been investigating five reports of rental deposit frauds where individual losses range from $400 to $2,600.
In most cases, the victims found an online advertisement on a social media platform, contacted the alleged owner and were asked to pay a deposit to secure the property via e-transfer. Once the funds were transferred, the victim soon discovered the property was not available for rent.
“We realize the rental market is highly competitive, especially around this time of year,” says Cpl. Denise Kam, Richmond RCMP Economic Crime Unit. “Scammers often prey on people’s emotions to create a sense of urgency. The public is reminded to exercise caution and verify ownership before paying damage or rental deposits.”
Suggested tips:
- Verify the listing on multiple platforms. Scammers often copy real advertisements from different platforms.
- Conduct a reverse image search to identify potential images that have been reused.
- Confirm ownership or management.
- Never send money before physically viewing a property.
If you suspect you have been a victim of fraud, report it immediately to your police of jurisdiction.
