Property

Cambridge Police Warn Residents In search of Rental Properties to Be on Alert for Scammers

With households and faculty college students seeking to settle into a brand new place to stay earlier than the upcoming college 12 months begins, the Cambridge Police Division desires to make residents conscious that this can be a peak season for rental scams. For example, the Cambridge Police eliminated a fraudulent rental property itemizing from Craigslist on Friday. The rental was listed as a model new one-bedroom house with a balcony in Central Sq. for $1,800 a month. Nevertheless, with rental charges climbing on account of record-setting dwelling values, the common price for a one-bedroom rental property in Cambridge is roughly $3,000 a month in accordance with current experiences. A Cambridge Police detective investigated the posting, decided that it was in truth a rip-off, and notified Craigslist and the precise leasing workplace of the fraud. Fortuitously, the resident didn’t switch any cash over to the scammer.

Sadly, the Cambridge Police obtain an uptick in these scams at the moment yearly. Residents and college students who’re searching for flats ought to suppose twice earlier than they ship cash to somebody they don’t know. If doable, potential residents ought to name and confirm the property is obtainable if the property is owned by an organization, examine their sources, drive by the property, and meet the property supervisor on the property.

Listed below are another reminders we strongly suggest to keep away from and put into follow:

  • Don’t wire funds to individuals you have no idea.
  • Don’t put cash in direction of a home or house you haven’t seen.
  • Don’t make any funds through PayPal, Venmo, Zelle, or another cost apps for any apartment-related bills but to be rented or secured.
  • Affirm the identification of the owner by researching public data to seek out out who owns the property you’re in search of to hire or buy.
  • Don’t fill out purposes on-line till you may have met instantly with the property supervisor.
  • Concentrate on native rental costs.
  • Search for on-line critiques, references, and testimonials from previous inhabitants.
  • Be cautious if a possible tenant desires to hire property sight unseen.
  • Be cautious if a possible renter says they’re out of city and can ship you a cashiers’ examine.
  • Be cautious if a possible landlord says he’s in a foreign country and desires the hire despatched to a overseas account.
  • Don’t settle for overpayment for properties. When you obtain a examine for greater than the desired quantity, return it. Don’t deposit it.
  • If you end up the goal or sufferer of a rental rip-off, cease all contact instantly, and when you have already despatched cash, this can be very vital to report any switch of funds to your monetary establishment, notify the police, and file a grievance with the FBI’s Web Crime Grievance Heart at ic3.gov.


For extra details about this rip-off and different scams, obtain the “Pupil’s Information to Fraud Scams” on the Cambridge Police web site. 

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