Fintel Alliance uncovers coordinated mortgage fraud across major lenders
Joint analysis with 10 major banks found potentially hundreds of millions of dollars in suspected fraudulent loans, mostly on Sydney properties, with falsified documents and repeat use of particular brokers and accountants as red flags. Directly relevant to conveyancing and property finance work.
What it means for business
Consider adding these red flags to the firm's property and finance matter intake checks.
What does this mean for your business?
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