A spike in rental fraud investigations targeting students has Waterloo regional police offering tips on how not to fall victim to the fake-listing scam.
Police recommend renters avoid verbal agreements and make sure everything is well documented and you have a copy.
Also visit the property before you agree to rent it to make sure the listing is real and the photos provided online aren't faked.
Use only bank cheques, money orders, or bank e-transfers after a legitimate rental agreement is made.
When signing the lease agreement, do not provide confidential information, such as social insurance number and banking information to avoid identity theft.
Use online search options to do your research on the property and don't ever feel pressured to make a decision.
High-pressure tactics are used to make unsafe decisions
If you believe there is any suspicious behaviour, contact Waterloo Regional Police Service to make a report.
Learn more about fraud preventions by visiting the
For more information on this and other scams, visit the Canaidan Anti-Fraud Centre.
With the students returning to the region, we have seen an increase in rental fraud investigations where students are being targeted.
— Waterloo Regional Police (@WRPSToday) September 2, 2024
If you rent a place to live, protect yourself, and don’t fall victim to those posting fake listings.
- Avoid verbal agreements. Make sure… pic.twitter.com/HUb7TuI5ea
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