Tag: auto fraud

The auto industry is likely to face increased fraud exposure in 2025 as lenders move into a more competitive market.  ...

Three dealers fell victim to the same sophisticated fraud scheme in just one week. The story, spreading through dealership break ...

As we approach 2025, the auto lending landscape is poised for a significant shift, driven by the Federal Reserve's interest ...

LAS VEGAS — Auto loan fraud caused nearly $8 billion in losses last year industrywide, with applications containing synthetic identity ...

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender is later funded by ...

Memphis, Tenn., became the fastest-growing area for synthetic identity fraud in 2023, as fraudsters advertised it on social media in ...

Synthetic identity fraud contributed to an estimated $7.9 billion in fraud exposure across the auto finance industry in 2023, fueled ...

Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to ...