Synthetic identity fraud has become one of the most costly and difficult-to-detect threats in auto finance. This type of fraud involves combining ...

For years, Tricolor Holdings marketed itself as a solution for car buyers shut out of traditional auto loans. The company specialized in selling used vehicles to borrowers with poor or limited credit, ...

Federal prosecutors have accused the leadership of a once fast‑growing subprime auto lender of orchestrating a sweeping fraud that helped topple the company and ripple through the banking system. The ...

A dealer is being punished for committing fraud that prosecutors said had involved more than two dozen auto-finance providers, resulting in more than $2 million losses. Officials from the U.S.

InformedIQ, a developer of AI-based software for income and employment verifications, has released the results of an industry-wide survey, presented to more than 2,500 auto finance professionals. The ...

A South Carolina man is facing 125 charges in connection to $1.4 million in auto loan fraud scams, according to the South Carolina Attorney General's Office. The investigation, called “VINsanity,” ...

NOTE: The above video is a livestream of WIS featuring current newscasts, Soda City Living and Gray Media’s Local News Live. COLUMBIA, S.C. (WIS) - The South Carolina Attorney General’s Office ...

Tampa Bay, Florida car dealer and wholesaler Mohamad Jihad Fakih, 27, is facing prison time after being found guilty in a scheme involving fraudulent loans, straw purchasers, bogus insurance claims ...

A portion of Point Predictive’s latest Fraud Intelligence Brief examined how much fraud is happening at dealerships and why lenders are watching the issue even more. Point Predictive said its ...