Study: Craigslist catches only about half of scam rental listings

SAN FRANCISCO (KRON) — A new study indicates that Craigslist is not doing a good job of catching certain scams on its website.

That study said that Craigslist catches only about half the scam rental listings that people post on the site. More than two million rental listings were analyzed over five months.

Researchers from New York University Tandon School of Engineering found 29,000 fake listings in 20 major cities, including San Francisco.

They said there are various kinds of rental scams, including asking for rent deposits via wire transfers. The victims never see that money again.

People are also asked to pay upfront fees to a company that doesn’t even have a connection to the properties listed.

It is hoped the study will help develop better ways to identify a scam.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s