Synthetic identities: 1 in 5 have auto loans
More than 1 in 5, or 22%, of false identities created to carry out fraud are connected to auto loans, ...
More than 1 in 5, or 22%, of false identities created to carry out fraud are connected to auto loans, ...
In 2019, fraud was a $7 billion problem for the auto finance industry, and the COVID-19 economic crisis only made ...