Rental Deposit Before Viewing or Contract

What is the Rental Deposit Scam in Egypt?

In Egypt, a common scam targets newcomers, particularly students, families, and remote workers seeking housing. Scammers often advertise fake apartments, pushing potential renters to pay a deposit before they have even viewed the property. These fraudulent listings typically include attractive photos and enticing rental prices that are significantly lower than the market average. Once the deposit is sent, scammers vanish, leaving victims without a place to stay and out of pocket.

How Does This Scam Work?

Scammers utilize online platforms and social media to promote their fake listings. They may send a lease agreement that looks legitimate or use copied images from other genuine listings. Victims are often pressured to act quickly, with claims that the property will not last long. This urgency is a tactic to minimize the time available for proper due diligence.

How Can You Protect Yourself from This Scam?

To avoid falling victim to this scam, you should conduct thorough research before making any payments. Always use reputable rental platforms and verify the property's address. If possible, arrange for an in-person viewing or a live video call with the landlord. Request a written contract and do not pay large deposits until you are certain of the landlord's legitimacy. Check local consumer protection agencies for guidance and support.