Everybody loves a good bargain – whether it be an online deal on a holiday or an amazing prize for a flat. Yet, unfortunately the old staying still stands: if something sounds too good to be true, it usually is.
With rental fraud on the rise, house hunters are increasingly finding this out the hard way. According to a BBC investigation, more and more people are being duped by scam artists posing as landlords who demand an instant deposit in exchange for cushy flats at bargain prices. Needless to say, those who have given money to these fraudsters soon come to regret it.
In an attempt to uncover some of these fraudsters, BBC researchers pretended to be interested in a number of suspiciously cheap London flats. They soon discovered that the ‘landlords’ had stolen identities and addresses to scam unwitting house hunters.
From the rental market to online shopping sites, fraudsters are increasingly finding new ways to separate customers from their hard-earned cash. That’s why it’s vital that people know where to turn if they become an unwitting fraud victim.
Calling on a company like Frenkels Forensics for our forensic accounting services is an excellent step to ensure that the financial damage done by fraudsters is resolved as quickly and painlessly as possible. Our team of forensic accountants will analyse any paper trails, assess the full monetary values associated with the case and then put the facts forward in a court-friendly document.
In other instances Frenkels Forensics can act on behalf of a defendant who stands accused of fraud and ensure the evidence prepared by the Crown Prosecution Service is consistent.
By Vitek Frenkel – find me via Google+.