There is a longstanding, if sketchy, tradition in New York City of people signing a lease on an apartment with the sole intent of subletting it for a profit. But where that crosses the line from sketchy to just plain evil is when you’re merely using someone else’s home as a showcase to rack up thousands of dollars in ill-gotten deposits from hopeful tenants. [More]
While we don’t condone scamming in any form, we’ve written enough about inept scammers over the years to pick up a few tips on how to avoid being caught so easily. For example, if you’re going to try to swindle people out of thousands of dollars in bogus rental deposits, don’t get greedy and try to hoodwink six different tenants in just a matter of a few weeks. [More]
In the course of searching for a new place to live in Minneapolis, I found a great condo right in the area I was looking for, renting for $900/mo for a 1 bedroom which included electricity, gas, water, sewer, garbage, cable, and high speed internet! Sound too good to be true? You bet…it was a scam.