Houston PD, PenFed, VW Credit Inc. join fraud panel at Auto Finance Risk Summit
Last year set record levels for fraud losses in the auto finance industry: a total of $7.3 billion, according to ...
Tag: auto loan fraud
Auto fraud climbs despite decline in loan applications
Fraudulent auto loan applications have shot up $2 million per month since the beginning of the coronavirus pandemic, despite an ...
Fraudster sentenced to 8 years in prison for $1m auto scheme
Two months after pleading guilty to bank fraud and aggravated identity theft, John O’Day was sentenced by the U.S. District Court ...
PointPredictive launches anti-fraud subscription service
PointPredictive debuted a fraud surveillance subscription service Wednesday, designed to bolster lenders' fraud defenses by granting access to the company’s ...
Fraudsters plead guilty in $1m auto loan scheme
Fraudsters John O’Day and Denise White each face a maximum of 30 years in federal prison for a scheme that ...
DOJ busts $30M luxury vehicle fraud scheme
A Wisconsin man has been sentenced to 10 years in prison after orchestrating a Ponzi scheme that racked up $30 ...
NYPD cop charged in $1.5M auto loan scam
A cop with the New York Police Department has been charged with fraud and lying to the Federal Bureau of ...
