Over 5 million renters have lost money in rental scams

Nearly 5.2 million people across the U.S. have lost money in an apartment rental scam, according to a study from Apartment List. In Phoenix, 41.5 percent of renters have reported encountering a listing they suspected was fraudulent, while 2.4 percent .....»»

Consumers have lost more than $2 million since October to scammers impersonating Tesla Inc. Chief Executive Elon Musk saying he would multiply cryptocurrency sent to his wallet and send it back, according to the Federal Trade Commission......»»

Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»

Shares of Avis Budget Group Inc. rose nearly 1% in the extended session Tuesday after the car-rental company reported a narrower-than-expected fourth-quarter loss and said it reined in costs. Avis said it lost $90 million, or $1.29 a share, in the quart.....»»

Area landlords and renters can tap a state program for assistance after Missouri Gov. Mike Parson on Thursday signed into law legislation allocating $324 million in funding for rental assistance......»»

The money is separate from $200 million approved in late December for residential renters and landlords......»»

Americans have reported losing more than $13 million to coronavirus-related scams since the beginning of the year, according to the Federal Trade Commission......»»

Short-term rental company Airbnb has launched a $250 million fund meant to support hosts facing cancellations as a result of the COVID-19 pandemic. The move comes after Airbnb faced criticism from their host community for their prior responses to the cor.....»»

Prosper Portland, the city's economic development arm, is in the final stages of creating a $2 million relief fund for small businesses. If approved by the agency's board on Thursday, the money will go to businesses that have lost at least 25 perce.....»»

Zumper, a San Francisco apartment rental app, has brought home $60 million in fresh funding. The new money will go toward expanding its marketing and sales teams and to scaling its rental platform. The latest round was led by a new investor e.ventu.....»»

Americans lost nearly $670 million to scams in 2019, the Federal Trade Commission said. Anna Werner joins “CBS This Morning” to reveal some of the riskiest scams in the U.S., according to a new report from the Better Business Bureau......»»

The chamber of commerce attributed the $1.35 million loss to one-time payments, including $720,000 in severance to former CEO Joe Reagan......»»

Jeffrey Epstein’s biggest client had deserted him, his money management firm had lost more than $150 million during the financial crisis, and he was a registered sex offender......»»

Jeffrey Epstein’s biggest client had deserted him, his money management firm had lost more than $150 million during the financial crisis, and he was a registered sex offender......»»

New York is enjoying a spring growth spurt, with rents rising across the city. But experts are urging caution as hard-pressed renters look for value for money. The traditionally buoyant season coupled with distress in the sales market has push.....»»

The SEC barred a "hedge" fund manager from Connecticut after it discovered that he lost $1.8 million of his client's asse.....»»

More than 25 million people left at least one retirement benefit plan behind when they left a job between 2004 and 2013, a government .....»»

The Sunshine State ranks No. 1 in the nation when it comes to scams, according to a recent report by the U.S. Federal Trade Commission that shows 1.4 million Floridians lost more than $84 million to fraudulent activity last year. The report, whic.....»»

A report from the Australian Competition and Consumer Commission indicates that Australians lost millions of dollars to crypto-related scams in 2017......»»

A former broker in New York City has been charged with orchestrating massive fraud. Since 2011, Dean Mustaphalli caused 58 New York investors to invest a total of more than $11 million in his hedge fund. About $10 million of that money was lost w.....»»