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Rental fraud is an issue that can affect all students. Cases of rental fraud can increase at the end of semesters, when students are subletting or planning their accommodations for the next year. There are to main types of rental fraud scams: fraudulent renters looking for property to rent and fraudulent properties for rent. Here is more information to help you identify these scams and the precautions you can take to avoid becoming a victim.
Fraudulent renters are people who claim to want to rent an apartment or room but actually don't intend to live there. They will send you a fraudulent overpayment (too much money) to cover the rent, then ask you to send the extra money back to them.
Fraudulent apartments or rooms for rent are often advertised in preferred locations, such as close to the university. The person advertising the property may request that you fill out a questionnaire, which asks for your personal information and banking information. Be cautious about giving out your personal and banking information; it can be used for identity fraud.
Once you accept the offer to rent the property, the person will ask you to send them rent money, often first and last month's rent. Then, when you arrive at the designated time and location to pick up your keys, you will discover that the property doesn't actually exist, or that you have been misled and you don't have a place to live.
Everyone at Laurier International is here to help you. If you have any questions about a rental property or renter, and you aren't sure if it's fraudulent, come and talk to us. You can also contact the Special Constables at any time for assistance and support.
We can also help you if you are a victim of rental fraud. Don't be embarrassed! Come and see us at Laurier International and be sure to report it to Special Constables or to your local police service. You can also file a complaint with the Canadian Anti-Fraud Centre.
Laurier International
Special Constables
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