rental scam

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    rental scam

    Hi
    I have read recently on more than one web site, a warning re rental scam, it went something like this, people, usually foriegners approach you to rent, then offer you a payment by bank transfer, and all i remember is it was some sort of scam, well i now have 2 people who are foriegn saying they will pay by this method , I didnt remember what I had read until after they had gone, so I do have time to check it out, does anyone know what I am referring too, and if so could they point me in the right direction to read iabout it again
    thanks

    #2
    Or maybe as simple as a means to obtaining your bank account details .. not to put money in but to take it out.
    Any information or opinion given in this post is based only on my personal experience, what I have learned from this, other boards and elsewhere. It is not to be relied on. Definitive advice is only available from a Solicitor or other appropriately qualified person. E&OE

    Comment


      #3
      This paranoid belief often crops up Poppay.

      Giving someone your sort code and account number doen't mean they can access your money. They're written on cheques after all. It's more likely to be as Wickerman suggests, paying you way over the odds, and asking you to send them some back. Funnily enough, you usualy have to send to them first

      Comment


        #4
        Thank you for drawing this increasing problem to our attention. I hope that new or prospective landlords have taken note that they must not return any balance to people who initially did not pay by good old fashioned cash.

        Regrettably there are people out there who still fall for this. That's why the scammers continue to do it.

        You have been warned!

        Comment


          #5
          Remember any potential tenant whose first language isn't English, and their command of it is poor, should have provided, or been provided with, an interpreter to make sure they understand all the clauses within a tenancy agreement, and you as landlord have shown to have taken these steps.

          If you have to go to court concerning foreign tenants to claim a sum of money and you haven't made sure they understood the meaning of all clauses within the tenancy agreement you might find that you are not going to be able to have your claim upheld. The same might be true concerning the service of a NSP under S.21 or S.8.
          The advice I give should not be construed as a definitive answer, and is without prejudice or liability. You are advised to consult a specialist solicitor or other person of equal legal standing.

          Comment


            #6
            The scam you mention is a form of money laundering. They pay you 6 months rent up front with some extra added on. The money they get back is "clean" and the money in your account from some dodgy location.
            GOVERNMENT HEALTH WARNING: I am a woman and am therefore prone to episodes of PMT... if you don't like what I have to say you can jolly well put it in your pipe and SMOKE IT!!

            Oh and on a serious note... I am NOT a Legal person and therefore anything I post could be complete and utter drivel... but its what I have learned in the University called Life!

            Comment


              #7
              Its not paranoia .. its a well documented and publicised phenomena .. called Identity Theft. Alot of the perpetrators actually scavenge people's waste rubbish for such details !! Once they have your bank account details and your address, it's surprising (a) what they can do with that information and (b) how easy it is for them to do it !!

              Unfortunately the victims usually don't know until it's too late and then have to spend months trying to prove it wasn't them that took out a loan or got stuff on HP that was delivered to a home OWNED by them ..

              Originally posted by RichieP View Post
              This paranoid belief often crops up Poppay.

              Giving someone your sort code and account number doen't mean they can access your money. They're written on cheques after all. It's more likely to be as Wickerman suggests, paying you way over the odds, and asking you to send them some back. Funnily enough, you usualy have to send to them first
              Any information or opinion given in this post is based only on my personal experience, what I have learned from this, other boards and elsewhere. It is not to be relied on. Definitive advice is only available from a Solicitor or other appropriately qualified person. E&OE

              Comment


                #8
                Originally posted by justaboutsane View Post
                The scam you mention is a form of money laundering. They pay you 6 months rent up front with some extra added on. The money they get back is "clean" and the money in your account from some dodgy location.
                I agree. We are all at risk. Even a few solicitors have been caught, convicted, and imprisoned as a result of fraudsters and money-launderers: so forget "good old-fashioned cash" too!
                JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                4. *- Contact info: click on my name (blue-highlight link).

                Comment


                  #9
                  Scam

                  This is all too frequent and I have had to stop adverting on homes2rent.net because of the number of spam enquiries - one sent identical emails (8) saying that the property was just what she wanted. The properties ranged from a room in a shared house to a 4 bed flat!



                  This is advice only. Always consult a solicitor if in doubt.

                  Comment


                    #10
                    its a well documented and publicised phenomena .. called Identity Theft
                    I'm fully aware of identity theft, but giving someone your sort code and account number doesn't automatically let them get hold of your dosh.

                    Perhaps someone should alert the banks so they can destroy all cheque books in existence.

                    Comment


                      #11
                      Perhaps you didn't see the program on telly the other night .. where banks were disposing of our private and confidential information in ordinary rubbish bins and as a result Identity Theft was committed? If they can't even do that, what chance do we, the ordinary punters, have?

                      Until we are able to prove different, anything drawn on our accounts, the Banks will continue to charge us for. Fact of life.

                      It doesn't automatically mean they WILL be able to get hold of your dosh - but it certainly gives them a better than average chance !!

                      But if you don't think it goes on that much, you carry on as you are. I

                      Me? I'll only write cheques to people or organisations I trust, continue to shred all paperwork with my name and address on (let alone my bank details AND address) and continue to NEVER gve out my bank details to people I don't know.

                      paranoid? maybe .. but then i know someone who DID have their ID stolen and it took nearly a year to prove it wasn't her ..


                      Originally posted by RichieP View Post
                      I'm fully aware of identity theft, but giving someone your sort code and account number doesn't automatically let them get hold of your dosh.

                      Perhaps someone should alert the banks so they can destroy all cheque books in existence.
                      Any information or opinion given in this post is based only on my personal experience, what I have learned from this, other boards and elsewhere. It is not to be relied on. Definitive advice is only available from a Solicitor or other appropriately qualified person. E&OE

                      Comment


                        #12
                        I think writing a cheque is a bit different to the bank chucking out your personal details, or do you think someone you write a cheque to will be hanging around by the bins outside your bank on the off chance your details will be binned?

                        I think we're going slightly off topic.

                        Comment


                          #13
                          We probably are Ritchie .. but my point was, and is, don't give out your bank details or any other personal information to people you know absolutely NOTHING about .. which is what this OP was querying.

                          Whatever the situation or scam is, it's certainly suspiscious and certainly it would not be in the OP's interests to divulge such information ..

                          Which I think we'll both agree on

                          Originally posted by RichieP View Post
                          I think writing a cheque is a bit different to the bank chucking out your personal details, or do you think someone you write a cheque to will be hanging around by the bins outside your bank on the off chance your details will be binned?

                          I think we're going slightly off topic.
                          Any information or opinion given in this post is based only on my personal experience, what I have learned from this, other boards and elsewhere. It is not to be relied on. Definitive advice is only available from a Solicitor or other appropriately qualified person. E&OE

                          Comment


                            #14
                            Originally posted by Wickerman
                            What I have heard of is similar to the ebay scams - they do send a deposit of £1000 for the deposit when it should be £200, I send back £800 then the £1000 cheque bounces or is shown to be forged.
                            Apparently this is also the case even with bank transfers, not just cheques, which is rather more scary: it's possible for an electronic transfer to be reversed a considerable time after arriving, notably in the case of transfers from abroad.

                            Comment


                              #15
                              Simple, your flat requires a 75K bond and monthly rent is 50k sterling

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