To raise industry awareness, Informed’s Fraud Watch will periodically share analyses of fraud rings uncovered by our research teams. This issue digs deep into an auto loan fraud ring located in South Florida. The Auto Loan Fraud Ring In late 2023, a fraud ring went after auto dealers operating out of the cities of Doral,

When it comes to fighting document fraud, lenders should have “Great Expectations.” We are not talking about Charles Dickens’ 19th century novel. Rather, we are referring to the ability to quickly distinguish between legitimate and illegitimate income documents using a concept we call “Expectation Definitions.” What is an Expectation Definition? An “Expectation definition” means the