Searching for a rental property in Calgary is an important step that is often accompanied by the risk of becoming a victim of fraud. One of the most common fraudulent schemes is the demand for an advance payment for a property that does not actually exist or does not belong to the person renting it. In this article, we will look at how to recognize a scam, what to do if you are asked to make an advance payment, and how to protect your money.
Scammers often use classifieds, social media, and messengers to contact potential tenants. They offer housing at a favorable price, but require an advance payment or deposit before signing a contract or viewing the property. Here's how it usually works:
If the rent is significantly lower than the market rate, it could be a trap.
The owner avoids meeting you, offers only a remote viewing, or asks you to pay without seeing the property.
Legitimate landlords usually do not demand money without signing a contract and inspecting the property.
Fraudsters send links to lookalike sites that imitate well-known platforms, such as OLX, to steal bank data.
Fraudsters may request card number, CVV code, passwords or other confidential information.
Advance payment scams are a common problem in Calgary, but they can be avoided by following simple safety rules. Don't rush to pay, check information, request a personal meeting and a formal contract. If you become a victim of fraud, immediately contact the bank, police, and relevant services.