In recent times, auto loan fraud in the US has been increasing. The 2022 Auto Fraud Trends Report stated that the car loan scams went beyond $7.7 billion in 2021. If you look carefully, there has been an increase in synthetic identity fraud. It is also known as “Frankenstein fraud”, which creates real credit scores and makes them highly difficult to distinguish from real … [Read more...]
What Are Staged Car Accidents?
When you think about the types of injuries that people suffer from car accidents, it’s hard to think of why anyone might want to stage an automobile accident. The truth is, auto accident fraud and Staged Car Accident are more common than you might think because criminals believe they can make money suing or even just threatening to sue innocent individuals. It’s important … [Read more...]
