The Codiac Regional RCMP is warning the public about an ongoing rental-deposit scam targeting individuals searching for apartments online.
Victims are typically responding to advertisements on social media or other online platforms. After the victim sends money for a deposit or rent, the author of the advertisement or listing stops communicating with the victim.
The RCMP warns of fraudsters reposting photos and descriptions of real apartments already listed on online platforms.
The Codiac Regional RCMP has shared the following tips to help protect renters:
- Never send money before viewing a rental in person: Legitimate landlords will allow you to see the unit before any payment is made.
- Be suspicious of urgent pressure: Scammers often claim, “many people are interested”, “first come, first served”, “send a deposit to hold it”. Urgency in this instance is a red flag.
- Verify ownership of the property by asking for the landlord’s full name and phone number. Search the property’s civic address on public property records to confirm it exists and consider contacting the property management company or building superintendent directly.
Renters should also watch for common signs of a fake listing, such as a lower rent price, photos that appear to be taken from a real estate website, and communication limited to apps or profiles with limited history.
If you have already transferred funds to someone you suspect of this scam, contact your financial institution immediately and ask if the transfer can be cancelled or reversed.
Report the incident to your local RCMP detachment and the Canadian Anti-Fraud Centre.
