Online Rental Scam Hits Chicago’s North Side Homeowner
A homeowner on the city’s North Side, Rosaleen McSwiney, recently found herself embroiled in an online rental scam that targeted her property in the Sauganash neighborhood. What started as a quiet living situation quickly turned chaotic when multiple people showed up at her door inquiring about renting her home.
Recognizing the Signs of a Rental Scam
Real estate experts suggest several warning signs to help potential renters avoid falling victim to similar scams. One key indicator is checking for grammatical errors in rental postings, as scammers often make mistakes in their communication. Additionally, be cautious of newly created social media profiles with limited information and few connections, as well as suspiciously low rental offers that seem too good to be true.
Never share personal financial information, such as banking details or Social Security numbers, without first meeting the property owner or management company in person. In the case of McSwiney’s experience, the scammer requested a $50 application fee through online payment platforms like Zelle or PayPal.
Taking Action Against Rental Scams
If you suspect a rental scam, report it immediately. McSwiney took swift action by reporting the fraudulent post on Facebook, leading to its removal (though it reappeared multiple times). She also reached out to the Chicago Police Department and the Federal Trade Commission to alert them of the scam.
By staying informed on common scam tactics and remaining vigilant when searching for rental properties, potential tenants can protect themselves from falling prey to online rental scams. Remember to trust your instincts, verify information with reliable sources, and never rush into any financial transactions without conducting proper due diligence.
