Friday, March 9, 2018

Introducing "Synthetic Identity Fraud" - Banks" Biggest Fraud Risks Are People Who Don"t Exist

An increasingly popular type of identity fraud is exceptionally difficult for banks to prosecute: Why? Because the people stiffing the banks don"t actually exist. That"s right: It"s called "synthetic identity fraud" and it"s become a tool for scammers to siphon off hundreds of thousands of dollars without living with the guilt of ruining the credit scores of all those little old ladies.

No comments:

Post a Comment