A Real Estate Scam in Arkansas!!!!

By
Commercial Real Estate Agent with Spa Realty, Inc

This is a respost from the ARA.  Beware of such a scam in your area!

In the BATESVILLE board of REALTORS there has been a guy going around first looking

for a house for him and his mother. Then tries to sell fake ads to the agent.

BEWARE it is a scam. He told me his name was Perry Hanchey he is driving Acura

Grey with license number MISSOURI 035 ZMT. He seem to be targeting agents with

ads.

Here are some of the reports circulating in the news:

AG says small businesses target of city map scam

Saturday, Jul 7, 2007

-------------------------------------------------

By Jason Weist

Arkansas News Bureau

LITTLE ROCK - A man on the phone told an employee at Prudential 1st Realty in

Jonesboro he was moving to town and looking to buy a house. So, in early June,

the man stopped by the business and had an agent pull up houses in the $300,000

price range, owner Greg Baugh said Friday. Before leaving, the man said he worked

for a company named PMH Publications, which was selling advertising space on

promotional maps. "I've got one block left that another real estate company in

town wouldn't pay me for, so I'll offer it to you guys for half the price," Baugh

said the man told the agent. Baugh's business cut a check for $200 and received

a letter of agreement and the promise of 200 free maps that were never delivered.

The business was the victim of what the state attorney general's office says

is the latest scam to hit small businesses in Northeast Arkansas. Several businesses

in the area, including real estate companies in Paragould, have fallen victim,

according to Baugh and Attorney General Dustin McDaniel's office. McDaniel issued

a consumer alert Friday warning businesses statewide of the scam. The alert advised

business owners to never pay for a product or service before it is received.

Other warning signs include the use of high-pressure tactics - legitimate offers

always allow the prospective customer time to weigh a decision, McDaniel says

- and claims of support for or endorsement of the product. "In the map scam,

the salesperson may tell the business owner that the promotional maps have the

support of the local chamber of commerce and that all of his competitors have

chosen to advertise," McDaniel said in a release. "Both claims are false, and

prospective buyers should take the time to verify any such references before

buying." Baugh said he is working with other local businesses to try to track

down the scam artist. "It's a small amount of money," Baugh said. "That's not

the deal. The deal is, I don't like getting (conned)."

 

Beware City Map Scam

-------------------------------------------------

Attorney General Dustin McDaniel says small businesses in northeast Arkansas

are being targeted by con artists offering featured display on promotional maps.

A news release yesterday from McDaniel's office said scam artists were showing

up at small businesses trying to sell advertising space on promotional maps of

the city where the business is located. The release said the business manager

or owner is told that, for several hundred dollars, that business will be shown

on the map, and the business will be provided with 200 complimentary copies to

distribute.

But, according to the release, checks written to take part in the map promotion

are usually cashed the same day by somebody using a false name, and the business

never gets any maps.

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Rainer
77,604
Bill Saunders, Realtor®
Meyers Realty - Hot Springs, AR
www.BillSellsHotSprings.com

Shame he didn't research the company before putting down the cash. Buyer Beware. It will be happening again.

Mar 15, 2009 11:26 PM #1
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Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      We invite you back to ActiveRain.  Log in, leave some comments, write a blog post! 

Oct 29, 2017 06:31 PM #2
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