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As Rent and Demand for Apartments Rise, So Does Fraud

The 2022 Snappt State of Apartment Tenant Screening Survey has revealed that 85 percent of property managers nationwide say they have been targeted by fraudsters, up from 66 percent before the pandemic. At least 12.5 percent of applications included some sort of altered documentation. According to a separate report, “Targeting the High Costs of Apartment Application Fraud,” the problem is much worse than 12.5 percent.

 

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Posted Under: Tenant Screening

Post By Ken Shafton (2,062 Posts)