INDIANAPOLIS (WISH) - Metropolitan Indianapolis Board of Realtors says there have been more than 40 rental fraud cases reported to the FBI in 2013 and the organizations asks renters to make sure they do not become a victim.
People will lift property details from the web and create "for rent" ads, which are then placed on home rental sites such as Craigslist, Zillow, Postlets and HotPads. They pretend to be the owner of the home. Interested renters are then asked to submit an application that asks for confidential information and a money deposit. The information and/or money transfer goes untraced and many of the victims don't know they have been a victim until they are ready to move in.
MIBOR officials say those who plan to search for rental homes online should talk to an rental agent to make sure the property is for rent. Renters also should never submit a deposit or provide confidential information before looking at the property.
Anyone who has been a victim of rental fraud is asked to report it to police. Click here for more information.
Cummins Inc. is planning a company-first wellness center for its employees and their families to be located on the Jackson Street block that now contains the Volunteers in Medicine clinic.
Mall operator Simon Property Group Inc. plans to spin off to its shareholders a business that operates strip malls and smaller enclosed malls so it can focus on bigger malls and premium outlets.
Some people from central Indiana's Howard County don't understand how officials could have rejected giving federal aid to help in their rebuilding from damage caused by last month's tornadoes.