The scam letters instruct recipients to pay a " validation deposit " to a designated bank account masquerading as the landlord’s bank account .
Scammers purporting to be from the tax authority would e-mail potential victims claiming that they are required to pay a “validation deposit” to their landlords’ accounts to enable the rental unit to be successfully registered. “Although landlords may ask tenants to make a downpayment or security deposit to secure their rental property, such payments should be made directly to their landlords as this is a private arrangement between the landlord and tenant,” said Iras.
Rental Scam Singapore Inland Revenue Authority Prospective Tenants Validation Deposit Scam Invoice Bank Account
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