Americans make some 15 million fake hotel bookings each year on phony sites, according to the American Hotel and Lodging Association (AHLA). That amounts to a loss of $1.3 billion annually! A bipartisan bill called the Stop Online Booking Scams Actwas introduced last month to crack down on scammers, particularly third-party booking sites that are not a part of the hotel they purport to be.
Rental scams target both landlords and tenants! Rental scams are widely found on (but by no means restricted to) sites like craigslist.com or gumtree.com. They are insidious scams that cause serious financial loss to both landlords and potential tenants.