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FTC sues housing site Roomster over fraudulent listings – JURIST – News

A platform used for advertising rental properties is alleged to have targeted low-income and student renters in posting and profiting from fraudulent rental listings. The FTC claims that the rental site failed to verify each listing posted, leading to the display of numerous fake listings that potential renters had to pay to view. Additionally, the Roomster site is alleged to contain fake reviews that worked to reel in renters looking for affordable housing, but those renters were often met with housing listings that did not exist.

New York Attorney General Letitia James, a partner in the litigation, also released a statement in support of the lawsuit alleging that “Roomster used illegal and unacceptable practices to grow its business at the expense of low-income renters and students. James promised that Roomsters “deceptive business practices will not go unchecked.”

Source: FTC sues housing site Roomster over fraudulent listings – JURIST – News

Thomas H. Curran Associates represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation. As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business and professional interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their bankruptcy, litigation and corporate transactional needs.

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