How to Spot Moving Fraud and What to Do if You’re a Victim
May 05, 2022
May 05, 2022
As the weather gets warmer, you may be thinking about packing up and moving into a new apartment or home. But before you call the movers, you should be aware of fraud schemes that target movers like you, so that you can keep your money and belongings safe.
Don’t let fraud spoil your move. Learn what moving fraud entails, steps you can take to protect yourself and how you can report it if you do fall victim.
Moving fraud is a scheme where scammers who act like legitimate movers or a moving company demand that you pay them more and more money to deliver your belongings. They do this in two ways:
There are steps you can take to protect yourself from becoming a victim of moving fraud:
If you suspect you are a victim of fraud, report it as soon as possible. There are many ways to report fraud:
For more information and resources to help fight fraud, visit the Consumer Financial Protection Bureau fraud and scams web page.
To learn more about the homebuying process, moving and common scams, visit My Home by Freddie Mac®.