Fraudsters Target Credit Unions with Structured Loan Scams

Fraudsters are now targeting credit unions with sophisticated loan scams, using stolen identities and social engineering to exploit lending workflows. In fact, auto lending fraud exposure is expected to hit $9.2 billion by 2025, making it a lucrative target for these scammers.

https://osintsights.com/fraudsters-target-credit-unions-with-structured-loan-scams?utm_source=mastodon&utm_medium=social

#LoanFraud #StructuredLoanScams #IdentityTheft #SocialEngineering #AutoLending