1 in 5 Millennials Lie on Their Mortgage Application
A new survey from Equifax Canada determined that millennial borrower were more than twice as likely as other borrowers to inflate their income on an application for a mortgage loan. The report, which surveyed 1,545 Canadians across the country, found that 20% of millennial borrowers admitted they would change their income to qualify versus about […]
The Fraud Tree Illustrates How Internal Fraud Works
If you are looking for a fantastic chart that describes all of the different fraud types and how they are perpetrated by internal fraudsters, you can head to the ACFE (Association of Certified Financial Examiner) who have spelled it out pretty clearly in this downloadable document. – Download Here. This is a great reference to […]