MEMBER ALERT: Fraudulent Online Lease Ad
October 26, 2018 -- A Member has reported that a client's property for sale in Etobicoke was fraudulently listed online for lease, and money was transferred from the prospective lessee. However, once the promised keys were not sent to them, they found the property for sale online and contacted the listing salesperson.
In order to guard against such fraudulent activity, Members may choose to undertake routine Internet searches of their listings. Once alerted to such occurrences, Internet fraud can be reported to local police and to the Canadian Anti-Fraud Call Centre, which is jointly managed by the Ontario Provincial Police (OPP), the Royal Canadian Mounted Police (RCMP), and the Competition Bureau. For more information, visit www.antifraudcentre.ca
Alert your clients looking to lease a property to the fact that not all of the ads are legitimate. They should also be cautious about below-average rental amounts, the request for a deposit or first and last month's rent via wire transfer, no property photos available, or no in-person visits to/inside the property, as these could be indicators of fraudulent activity. They should also be cautious about opening attachments in any emails they receive