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Silent Surge: The Sudden Rise in Synthetic Business Fraud
April 10, 2024, 9:10 p.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
While banks and fraud fighters focus their energies on combating synthetic identities used by individuals, fraudsters are simultaneously establishing fake business entities to exploit the system for more money with far less hassle. The problem is getting worse and is not restricted to the U.S.
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