Articles written by Sarah Hoisington - Benzinga

Who's On The Hook For PPP Loan Fraud?

Who's On The Hook For PPP Loan Fraud?

Most banks and lenders are well aware of how synthetic identities can be used to fraudulently open a bank account and secure a credit card or other type of loan. According to McKinsey, synthetic identity theft is the fastest-growing type of financial crime in the U.S.,