Property Scam
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Get your money back from Forex Trading Scams
If you’ve been ripped off by scammers, get in touch and our team of experts will work to get your money back
Scams we helped our clients recover from
How We Make It Happen
1. Assess your situation
Based on our expertise, we conduct preliminary assessments to evaluate the potential for a substantial recovery in your case.
2. Collect the necessary documentation
Diligently collecting all the required information and documentation necessary for successfully advancing your case
3. Engage with the relevant parties
Systematically addressing the relevant entities involved in enabling the unauthorized transfer of your assets.
4. Get Your Money Back
We are extremely proud of our proven track record and assure you that we will leave no stone unturned in our efforts to recover your funds.
Recover Your Lost Funds from Forex Scams
The Forex industry is a prime target for scammers. Since it is widely recognized as a legitimate investment opportunity, distinguishing between fraudulent and trustworthy brokers can be challenging for the average person. In many cases, victims don’t even realize they’ve been scammed—they simply assume they had a “bad trading day.” If you suspect that your losses were due to more than just bad luck, reach out to us. If your broker is fraudulent, we may be able to help you recover your money.
Your money back guarantee
Our experts at Ruth & Rogers make it a top priority to help our clients recover funds after they have been a victim to stock market scams. We want to raise awareness of the various types of stock fraud and how to best protect yourself. Armed with knowledge you can project your stock investments from fraud and scam.
What is cryptocurrency?
Three important cryptocurrencies
Is cryptocurrency a scam?
How to avoid cryptocurrency scams
Property scams vary greatly in how they are executed, but they all aim to steal money from unsuspecting individuals who are interested in renting, buying, or leasing a property. In these types of scams, the fraudsters often pose as property owners, landlords, real estate agencies, property management companies, or other property-adjacent businesses to trick their victims into handing over money or sensitive financial and personal information that they can use to steal from them.
Key points
- Don’t pay anything upfront to view a property or before you have a written and signed contract that is approved by a lawyer or an independent expert.
- Don’t share any personal information, such as your social security number or bank account number, with anyone until you’re sure a deal is real.
- Always view properties in person and make sure they match the listing you saw, both in appearance and description.
- Do your own research to verify the authenticity of rental or property sale companies.
- Don’t give in to high-pressure sales tactics, especially for refinancing your mortgage or paying for foreclosure relief services.
Escrow Wire Fraud
In escrow wire fraud scams, the fraudsters typically gain access to an email account associated with a real estate sale that’s currently in progress. They usually do this through some sort of phishing attack targeted at a real estate agent, a lender, a title agent, or a buyer. They then contact the buyer at the appropriate point in the sale process and pose as someone from the title or escrow company, asking the buyer to wire funds to a bank account. They then disappear with the wired funds.
Loan Flipping Scam
Loan flipping scams involve ill-intentioned lenders convincing homeowners to repeatedly refinance their mortgage, borrowing more money each time. This results in the property owners eventually ending up with more loans than they can realistically afford to pay off, and the malicious lender earns more and more in fees and interest.
Foreclosure Relief Scam
In foreclosure relief scams, the scammers target people who have homes in foreclosure by advertising foreclosure relief services or acquiring lists of properties in foreclosure. They promise to help the victims keep their homes for a fee, but never actually provide the foreclosure relief they promised.
Fake Property Listings
Scammers often place fake property listings on rental sites, or copy existing listings from them, and use these to trick interested renters into giving them money as a deposit for a showing. Of course, they never show up to the property to give you a tour — if the property even exists at all.
Fake Letting Agents and Landlords
Fake Overseas Landlords
Scammers sometimes use the excuse that they are “overseas” as a reason to ask interested renters for holding deposits in order to not rent a property to someone else before the interested party views it. The properties usually don’t exist or the listings are clones of real listings that are instead operated by fraudsters.
Phishing Scams
In property phishing scams, the fraudsters send out bulk emails pretending to be someone from a rental or letting agency. They ask the receivers to pay rent or other fees for their rentals through a fake online portal or by providing credit card details due to some type of fake issue that they invent.
Fake Printed Listings
Though less common than online property rental listing scams, some printed listings you see in newspapers or flyers may also be fake. Scammers use these to lure in unsuspecting victims and try to get upfront payments from them to see or hold a property.
Online Property Scams
Facebook Property Scams
Scammers frequently use Facebook to post fraudulent property listings for sale or rent. They impersonate landlords, real estate agents, or property owners and fabricate reasons to demand upfront payments before showing a property.
Rental Property Scams on Craigslist
Craigslist is another platform where property scams are prevalent. Fraudsters post fake rental or sale listings, deceiving victims into paying deposits, holding fees, or other advance payments.
Fake Property Scam Websites
In more elaborate scams, fraudsters create entire fake websites for property listings. Some even go as far as cloning legitimate real estate agencies, property management companies, or rental platforms to appear authentic.
Property scam and fraud FAQ
How Do I Spot a Property Rental Scam?
Properties that don’t match listings, landlords that won’t meet you in person, and individuals or companies who demand up-front payments are all red flags of different types of property rental scams.
How Do I Spot Property Buying Scams?
What Are the Most Common Property Scams To Be Aware Of?
Besides rental and sale scams, there are also foreclosure relief scams, home inspection scams, moving scams, loan flipping scams, title and deed scams, commercial real estate scams, and phishing property scams to be aware of.
Can You Get Your Money Back From a Property Scam?
Yes! Many people who have fallen victim to a property scam have successfully retrieved their stolen funds by working with a fund recovery firm, like Payback LTD. Fund recovery specialists are familiar with the ins and outs of the many different property scams out there and know how to track down and put pressure on the scammers.
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