With travel on the rise, scammers are lying in wait to cash in on the lucrative business of vacation scams. The BBB Scam Tracker is reporting over $375,000 lost to travel scams in just the first half of 2021, in North America alone, with plenty of potential for loss to vacation goers in the coming months. Be on the lookout for these popular schemes and red flags when booking your next getaway.
Vacation rental cons - Vacation rentals are a popular alternative to hotels when traveling, which means they are an equally popular opportunity for scammers to steal your money. These cons vary, but can include fake listings for vacation properties that don’t exist or that are disappointingly different in real life than what is advertised. Oftentimes the “owner” of these fake properties create a sense of urgency to book right away by exaggerating interest of other renters with the aim of getting a deposit up front before you have time to adequately research the property.