New analysis from the FTC shows that since 2020 consumers reported nearly 65,000 rental scams, many of which originated from fake listings on sites like Facebook and Craigslist, and losses totaling about $65 million.
Rental scams usually involve fake rental listings, which can often look quite real and copy information from legitimate listings but are posted with the scammer’s contact information on different sites, according to the FTC’s latest Consumer Protection Data Spotlight.
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We are pleased to hear of two additional success stories listed below where law enforcement used Sentinel data to stop fraud. These cases out of the Southern District of Texas involved the filing of false IDT reports with the FTC. Former NASA employee and husband convicted in mortgage fraud scheme
A Missouri City couple admitted to their roles in orchestrating a fraudulent financing and refinancing mortgage loan scheme. Ringleader sentenced in multimillion-dollar fraud operation which saddled victims with crushing debt
A 62-year-old California resident was ordered to federal prison for leading a sweeping mortgage and loan fraud scheme that defrauded businesses, banks, mortgage lenders and government programs out of millions of dollars.
And as we mentioned last year (Eastern District of Pennsylvania):
A Philadelphia man was sentenced to over five years in prison for stealing the personal information of multiple U.S. servicemembers and using it to inflict emotional distress, and related offenses.
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