SINGAPORE: A 32-year outdated man has been arrested for his suspected involvement in a collection of rental scams, stated the police on Tuesday (Mar 15).
Between January and March, the police acquired reviews from a number of victims of rental scams who responded to on-line commercials providing rental of residential items.
“After the victims paid the deposit via bank transfer, the man purportedly became uncontactable,” stated the police.
The police established the identification of the person and he was arrested on Monday.
“Preliminary investigations revealed that he is believed to be involved in 24 similar cases of rental scams with losses amounting to more than S$54,700,” the police added.
The man can be charged in court docket on Wednesday with dishonest. If discovered responsible, he might be jailed for as much as 10 years and fined.
The police suggested individuals to take care of an accredited actual property agent or the rightful proprietor of a unit to keep away from falling prey to rental scams.
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They ought to confirm the brokers’ particulars and make contact with numbers with the company. Those who wish to hire must also ask to go to the unit and confirm with the proprietor if the rental supply exists and is real.
Local property companies have additionally warned about rental scams, the place scammers impersonate property brokers and ask for deposits to safe viewings.
Huttons Group stated on Monday that these scammers would use pretend identification playing cards from the Council of Estate Agencies (CEA), after which add pretend listings on “alternative platforms”.
When contacted, the scammer would ask for a deposit to safe a property viewing. But after receiving the deposit, the scammer would turn out to be uncontactable, stated Huttons.
Source : channelnewsasia.com