​ID Theft And False Credit Applications Drive 54% Surge In Auto Fraud: Equifax Canada – Tyler Durden

ID Theft And False Credit Applications Drive 54% Surge In Auto Fraud: Equifax Canada Authored by Ritika Dubey via The Canadian Press, Driven by fake credit applications and identity theft, automotive fraud has surged 54 percent 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. Equifax letterhead are shown on paper in Toronto on Oct.17, 2019. The Canadian Press/Christopher Katsarov The biggest jump in auto fraud rates was in Ontario,…  — Continue at ZeroHedge News : Read More