Couple fell into rental scam despite inspecting house twice and verifying real estate agent’s license

SINGAPORE: Despite viewing a prospective rental flat twice in person and verifying the identity of their real estate agent, a couple working in Singapore were shocked to discover that they had fallen into a rental scam after they paid a hefty $5,000 deposit to secure the flat.

The couple visited the Newton flat twice, on the 20th and 22nd of October, but the agent did not accompany them. During the first viewing, the agent said that he was busy serving other customers and could not view the property with them; the second time, he used the excuse that he had family matters and was in Johor Bahru, Malaysia, and could not accompany them to view the property.

The supposed agent then sent an electronic version of the lease to Mr Wang to sign and asked for two months’ rent as a deposit, which amounted to $5,000. Mr Wang then transferred the money to the other party through bank transfer, signing the lease on Monday . Mr Wang then approached Propnex on Friday , where he realised that the person they were dealing with was a scammer. He said:

Source: Real Estate Daily Report (realestatedailyreport.net)

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