Tag: auto fraud

The new face of auto finance fraud has reared its head as changes within the industry have transformed the way ...

The rise in digital lending during the COVID economic crisis has prompted an increase in synthetic fraud and credit washing, ...

More than 1 in 5, or 22%, of false identities created to carry out fraud are connected to auto loans, ...

In 2019, there was a reported $7 billion worth of fraudulent transactions in the auto finance industry. Desperation spurred by ...

Instances of detectable auto fraud and cybersecurity breaches are likely to bubble up amid declining vehicle sales as the COVID-19 ...

More than a year after 15 credit unions across the country were hit with a fake car loan scheme, Kimberlie ...

As auto lenders look to technology to scale and build up their businesses, susceptibility to fraud grows.   “Technology has enabled ...

Last month, 340 auto loan applications totaling $5.5 million were identified as fraudulent due to a scam that involves altering ...