ALBANY, N.Y. (NEWS10) – The New York State Division of Consumer Protection (DCA) warns New Yorkers about real estate and rental scams which steal prospective tenants’ money.
Rental scams are executed in a variety of ways, but the goal is the same Officials said. Criminals scam tenants looking to rent a home or apartment by impersonating licensed real estate agents.
Scams may include the attempt to “rent” a property that isn’t theirs to one or more potential tenants—sight unseen—making off with security deposits, first month’s rent, or prepaid rent DCA said.
According to The DCA, criminals take legitimate rental postings and re-post or advertise them with their own contact information. Scams are often enticing, at lower rates than the original advertisement.
Transactions are generally conducted by phone, text message, or…