Sun 2 Aug 2026
FTSE 100 10,868.05 +1.23%Microsoft 464.72 +21.75%NVIDIA 200.75 -2.94%Apple 308.91 -7.24%Google 356.65 +11.77%S&P 500 7,489.72 +1.05%Nasdaq 25,373.85 +1.59%Dow 52,485.03 +1.04%Russell 2000 2,931.34 +0.05%US 10Y Treasury 4.75% +2.24%Euro Stoxx 50 6,358.01 +1.21%DAX 25,629.24 +2.11%AEX-Index 1,099.18 +1.67%Nikkei 225 64,362.02 -0.88%Hang Seng 25,884.43 +3.69%Gold $4,107.00 +0.80%Silver $57.79 -1.17%Brent Crude Oil $90.12 +1.99%Natural Gas $2.75 -0.72%Copper $6.47 +2.00%GBP/USD 1.3482 +0.98%GBP/EUR 1.1690 -0.20%GBP/AUD 1.9196 +0.58%Bitcoin (USD) $62,909 -1.56%Ethereum (USD) $1,852 -2.94%FTSE 100 10,868.05 +1.23%Microsoft 464.72 +21.75%NVIDIA 200.75 -2.94%Apple 308.91 -7.24%Google 356.65 +11.77%S&P 500 7,489.72 +1.05%Nasdaq 25,373.85 +1.59%Dow 52,485.03 +1.04%Russell 2000 2,931.34 +0.05%US 10Y Treasury 4.75% +2.24%Euro Stoxx 50 6,358.01 +1.21%DAX 25,629.24 +2.11%AEX-Index 1,099.18 +1.67%Nikkei 225 64,362.02 -0.88%Hang Seng 25,884.43 +3.69%Gold $4,107.00 +0.80%Silver $57.79 -1.17%Brent Crude Oil $90.12 +1.99%Natural Gas $2.75 -0.72%Copper $6.47 +2.00%GBP/USD 1.3482 +0.98%GBP/EUR 1.1690 -0.20%GBP/AUD 1.9196 +0.58%Bitcoin (USD) $62,909 -1.56%Ethereum (USD) $1,852 -2.94%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 18°C ClearBirmingham 13°C ClearManchester 11°C ClearNewcastle 11°C OvercastBristol 13°C ClearPembroke 13°C ClearEdinburgh 11°C ClearBelfast 8°C OvercastInverness 9°C Partly CloudyPenzance 15°C ClearHolyhead 13°C Partly CloudyNorwich 14°C Clear
More Info

Jailed Fraudster Highlights Rental Scams in London

Advertisement
Follow News in 60 on Facebook

Freddie Priestley, a 34-year-old man, has been sentenced to 35 months in prison for scamming tenants out of over £77,000. Operating from Southwark, he advertised rooms in a Bermondsey flat, demanding hefty deposits from 34 unsuspecting renters. Once he secured their money, he fabricated excuses to prevent them from moving in, pocketing their deposits instead.

This case underscores a growing issue of rental fraud in the UK, particularly affecting younger individuals aged 20 to 29. The Metropolitan Police reported a significant rise in such scams, with 4,441 cases recorded last year alone. Detective Constable Abimbola Emiola noted that Priestley exploited the desperation of those seeking accommodation, using convincing documentation to lend credibility to his fraudulent activities.

The emotional and financial toll on victims is profound, as many are left without their deposits and without a place to live. The court’s decision to impose a substantial sentence reflects the serious impact of such crimes. Victims expressed relief at the outcome, although concerns remain about the likelihood of recovering their lost funds.

As rental fraud becomes more prevalent, authorities are urging prospective tenants to exercise caution, especially during peak rental seasons. They recommend thorough research and verification before paying any deposits, highlighting the importance of vigilance in the rental market to avoid falling victim to similar scams.

Source: GB News

Read more Money news →

News Category: Money Tags: fraud, housing, london, scams, tenants

Leave a comment

Your email address will not be published. Required fields are marked *