ID theft and false credit applications drive 54% surge in auto fraud: Equifax Canada --[Reported by Umva mag]

Driven by fake credit applications and identity theft, automotive fraud has surged 54 per cent from a year ago, a report from Equifax Canada has found. “That kind of increase really indicates there’s a specific targeted attack to that sector,” said Carl Davies, head of fraud and identity at Equifax Canada, in an interview. The […]

Sep 24, 2024 - 15:27
ID theft and false credit applications drive 54% surge in auto fraud: Equifax Canada --[Reported by Umva mag]
Driven by fake credit applications and identity theft, automotive fraud has surged 54 per cent from a year ago, a report from Equifax Canada has found. Read More




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