With prices rising on hotel stays, many vacationers rent private homes or apartments on sites like Airbnb. Unfortunately, though, vacation rental scams are rising, too. Here’s all you need to know about these scams and how to avoid them.
How it plays out: In this scam, fraudsters create fake listings for accommodations, offering attractive deals and eye-catching images. They’ll insist on upfront payment or request wire transfers to guarantee availability. Unfortunately, the rental either does not exist or is quite different from what the images would have the vacationer believe.
Stay safe: To avoid falling victim to online rental scams, be very cautious of deals that seem too good to be true. When booking a vacation rental online, do extensive research. Look up ratings and reviews, and verify the legitimacy of the rental property through reputable websites or direct communication with the owner. Use secure payment methods only, and never wire money to strangers.
How it plays out: A target receives a letter, email, or text message informing them that they’ve won a sweepstake for a free luxury vacation. They’ll be asked to pay a small fee or tax to process the prize. Alternatively, they may be asked to share their credit card information before claiming the prize. Sadly, they’ll never hear from the sweepstakes company again after paying the fee.
Stay safe: It probably is if something seems too good to be true. Never share personal information with an unverified contact or pay an unknown recipient via gift card or wire transfer. Also, you're being scammed if you’re asked to pay a “processing fee” or “tax” to claim a prize.
How it plays out: In this scam, a target will fall for an enticing travel package that promises luxurious vacations at unbelievably low prices. Fraudulent travel agencies or websites may request upfront payment for the entire package, only to disappear once the money is received.
Stay safe: Protect yourself by thoroughly researching any travel agency or website you use to book your vacation. Check for reviews, certifications, and contact information. Be skeptical of deals that fall way below average market prices. It’s best to use trusted and well-established travel agencies and opt for secure payment methods to protect against fraud.
How it plays out: Timeshare resale scams target vacationers looking to sell or rent out their timeshare properties. Scammers contact timeshare owners, offering assistance in selling or renting their units. They’ll request upfront fees for advertising or administrative purposes, but they’ll provide no actual service.
Stay safe: To avoid falling victim to timeshare scams, only work with reputable resale companies or seek advice from your resort when selling or renting your timeshare. Be cautious when dealing with unsolicited offers, and always read contracts thoroughly before signing. Research the market value of your timeshare, and be wary of excessive fees or unrealistic promises.
How it plays out: Scammers create bogus travel websites or send deceptive emails mimicking legitimate companies. These fraudulent platforms trick users into disclosing personal data, such as credit card details and account information, or con them into making payments for vacations that do not exist.
Stay safe: Only browse and interact with secure sites. Check each URL for legitimacy; if something seems off, it likely is. Never click on random links or download attachments from unfamiliar sources. If you’d like to book a vacation through a specific travel agency, contact them directly through verified contact information. Finally, secure payment methods with purchase protection, such as a credit card, should be used when booking a vacation online.
Don’t let scammers turn your dream vacation into a living nightmare! Follow these tips to stay safe.