Fake Loan Application
<p>Taking out a fraudulent loan with stolen or spoofed identity credentials, often as part of a loan stacking scenario (using one loan to pay off another) to inflate the loan amount before defaulting.</p>
<p>Taking out a fraudulent loan with stolen or spoofed identity credentials, often as part of a loan stacking scenario (using one loan to pay off another) to inflate the loan amount before defaulting.</p>