2 Charged in Rental Scam

PASCO COUNTY, Fla. — Two suspects are in custody in connection with a scam where they pretended to own a house they rented to other people, according to the Pasco Sheriff’s Office. Lisa Saucedo of Tallahassee and Michael Jacobs, listed as a transient, are in custody in Hernando County on fraud charges. The sheriff’s office said they broke the realtor’s lock box to get into the house. Saucedo and Jacobs also advertised the house for rent, collected money from a prospective renter, and went as far as allowing the renter access to the home and then stole money from the renter – a single mother of four children.

The 5 Most Common Rental Scams (And How To Avoid Them)

Here’s what to do when finding an apartment goes from annoying to criminal. The stress of finding an apartment is almost inevitable – the search, the competition, the upfront money … most renters avoid frequently moving for these reasons. But sometimes the rental process goes from merely aggravating to actually illegal. While a majority of rental listings are legitimate, rental scams are out there, and not always easy to spot Here are five of the most common rental scams out there, along with suggestions for how to avoid them. Fake real estate agent services Services offering to generate a list of pre-foreclosure or rent-to-own rental properties for clients are another type of rental scam. Although appealing because of lower price points, these services request either a sign-up fee or a monthly fee of up to $200. The list is usually full of sham real estate listings, either fake or expired, Read More