Money Orders:

There may be times when certain prospective tenants wish to send you a money order or a Cashier’s cheque; they usually do this without wanting to see your property or to meet with you face to face. These people are trying to scam you. They will offer to send you money or a cashier’s cheque in excess of the rent and deposit you have asked for. In return they will ask you to wire to them the difference. DO NOT DO THIS. Even though these cheques and money orders look legitimate – even to professionals they invariably prove to be a SCAM and turn out to be counterfeit. The banks often do not detect anything until weeks after they have been deposited and after you have wired back the difference. The banks also hold you accountable - so you would be out of luck if you tried to claim your money back. Please report to us any suspicious behaviour!

Be Smart – Some Basic Guidelines

• If a prospective tenant offers to send you a money order or a cashier’s cheque without meeting with you or viewing your property, this is probably a SCAM. The money you receive will probably be counterfeit and will be accepted by the bank. When the SCAM finally comes to light the bank will hold you accountable.
  
  
• Avoid Persistent people sending you correspondence requiring your bank details in order they can send you money.
  
  
• Avoid prospective tenants wiring money Via WESTERN UNION or MONEYGRAM. Ask for a personal Bank cheque- Allow time for this to clear – You can confirm it is genuine with your bank.
  
  
• Report – report – report if you suspect anything unusual to us at the letsroommate team. We will deal promptly with your concerns.