Fact #63 MoneyTactics

$137,272.46lost by more than 20 people who paid deposits on vacation homes that could not be rented

A New York man took deposits on two Finger Lakes vacation homes he could not rent, promised an escrow account that did not exist, and cost more than 20 victims approximately $137,272.46.

He was convicted of wire fraud and sentenced in December 2018 to 36 months in prison, with $120,000 ordered in restitution.

Source: U.S. Attorney's Office, Western District of New York. Read more: vacation rental scam · case file

Sources

  1. Rochester Man Sentenced For Defrauding Would-Be Vacation Home Renters Out Of Thousands Of Dollars. U.S. Attorney's Office, Western District of New York. Accessed 2026-10-04.