Property Scams
Property scams involve fraudulent activities where individuals or groups deceive others into investing in or purchasing real estate that does not exist or is misrepresented. Common tactics include fake listings, forged documents, and impersonating legitimate property owners or agents. Victims often lose significant amounts of money due to these scams.
To protect against property scams, it is essential to conduct thorough research before making any real estate transactions. Verify the legitimacy of the property through official channels, such as local government property records or licensed real estate agents. Always be cautious of deals that seem too good to be true.