Five Money Scams to Watch Out for on Craigslist Monterey

Monterey

Monterey is a beautiful place to visit and it’s a great place to live. However, it is exceedingly expensive to live there. As a result, there are dozens upon dozens of real estate scams that show up on Craigslist and each and every one of them are designed to scam you out of your money. As a matter of fact, if you do a search for Craigslist scams that have been occurring in the area, it’s likely that the only thing you’re going to find are scams involving real estate. It’s not that other types of scams don’t occur there, it’s just that there are so many real estate scams that most people have lost focus of the smaller crimes that don’t cost people quite as much money. You’ll find five of the biggest money scams going on in the area right now and not surprisingly, each and every one of them involves real estate in one capacity or another.

1. Cheating You Out of Your Home and Your Cash

The rental scams on Craigslist just never seem to stop. It’s shocking how many different times people can be warned of this and yet they continue to fall for the scams that show up on this site. In this particular case, a lot of issues have revolved around this in the Monterey area. People have been posting properties for rent and they don’t have any legal right to that property. Moreover, the property is usually occupied by someone who has no idea that it is being advertised for rent. Unfortunately, this does a lot more than just cheat people out of their money. It also cheats them out of a home and in a worst-case scenario, it could leave them with no place to stay and no money to find a new place.

2. You Can’t Get Something for Nothing

This is another issue that has been going on in the area regarding rental property. Again, it revolves around property that is not actually for rent. In this specific instance, a four-bedroom house was advertised for $800 a month. When you consider the fact that people are paying upwards of $1,500 a month for what amounts to a single room, it’s obvious that you’re not going to get a four-bedroom house for roughly half that amount.

3. This One Could Cost You Your Life Savings

In reality, it depends on how much you have managed to save us far. That being said, a woman was recently caught up in a scam involving, you guessed it, a house. This time, the house was advertised as being for sale. That doesn’t change the fact that the house wasn’t actually for sale begin with, nor did the real owner know anything about any of this. In the ad, an email address was provided along with a PayPal account that the buyer was supposed to wire money to. She did, to the tune of about $20,000. As you might have guessed, the so-called seller took off with the money and she wound up holding the bag.

4. Stealing Your Money by Stealing Your Identity

This won’t come as any surprise to you that this involves yet another real estate scam but the way they go about it is certainly different than most. The setup is basically the same, with someone posting an ad for a house that’s for rent, saying that they had to leave the country because they’re doing missionary work or they’re in the military. That should throw up plenty of red flags but if it doesn’t, the fact that they’re asking for a wire transfer definitely should. To make matters even worse, these people are using properties that are legitimately for rent, so it makes it harder to detect that it’s a scam. They also require you to fill out a lengthy questionnaire, asking you questions that aren’t even legal. It doesn’t matter if you figure out that it’s a scam before you give them any money, providing them with all of this information gives them the perfect opportunity to steal your identity, and that can end up costing you a lot more in the long run.

5. Be Careful Trying to Save Money on Vacation

If it’s not already apparent, Monterey has a very big problem with real estate scams, especially with regard to the ads that show up on Craigslist. This one targets people that are vacationing in the area and trying to find a place to stay where they can rent the home for a month or two as opposed to staying in a hotel. Again, it operates on the same general principle as all of the other real estate scams. It can also cost you a lot of money, not to mention plenty of sleepless nights as you try to sort through it all.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Careers CEOs Companies Education Entertainment Legal Politics Science Sports Technology
food
20 Things You Didn’t Know About Rebel Foods
Eric Ward
10 Things You Didn’t Know About Eric Ward
sustainability
What is Sustainability Branding and Why Does it Matter?
Collectibles Credit Cards Investing Real Estate Stocks
eBay
How to Retract an Offer on Ebay
Texas
20 Weird Laws in Texas That Actually Still Exist
Syracuse, New York
The 20 Snowiest Cities in the U.S.
Aviation Boats Food & Drink Hotels Restaurants Yachts
Rossinavi's 230-Foot Yacht Polaris
A Closer Look at Rossinavi’s 230-Foot Yacht “Polaris”
The Blue Oar
The 10 Best Waterfront Restaurants in Connecticut
The Overlook Lodge
The 20 Best Things To Do in Downtown Cincinnati
BMW Bugatti Cadillac Ferrari Lamborghini Mercedes Porsche Rolls Royce
2021 Ford Mustang Mach-E GT
A Closer Look at The 2021 Ford Mustang Mach-E GT
Five Best Jeep Renegade Models
Ranking The Five Best Jeep Renegade Models
The Mustang Boss 429
A Closer Look at The Mustang Boss 429
BMW Motorcycles Buell Ducati Harley Davidson Honda Motorcycles Husqvarna Kawasaki KTM Triumph Motorcycles Yamaha
2022 Honda CRF250R
A Closer Look at The 2022 Honda CRF250R
Yamaha Tenere 700
A Closer Look at The Yamaha Tenere 700
Honda CB600F Hornet
Remembering the Honda CB600F Hornet
Electronics Fashion Health Home Jewelry Pens Sneakers Watches
Seiko Alpinist SARB Collection
The Five Best Seiko Alpinist Watches of All Time
Adidas X South Park Towelie Shoes
How To Get Your Hands on Adidas X South Park Towelie Shoes
Citizen Men’s Dagobah Limited Edition Watch
Five Fun Watches Serious Collectors Would Enjoy
Fauci
How Dr. Fauci Achieved a Net Worth of $2.5 Million
Kim Cattrall
How Kim Cattrall Achieved a Net Worth of $40 Million
Judd Apatow
How Judd Apatow Achieved a Net Worth of $150 Million
Evan Peters
How Evan Peters Achieved a Net Worth of $4 Million