Auto Lending Fraud Infographic

I created this handy little Auto Loan Fraud Infographic to explain how auto lending fraud works and why criminals are so interested in it.

Why do fraudsters love committing fraud?  Because not only can they get the car for free, they can ship it to Asia and sell it 3 or 4 times the value that it is worth in the US.

Table of Auto Flip Prices for cars shipped to Asia (From Auto Finance News Article)

I am Frank McKenna, a fraud expert from San Diego. The views and opinions expressed here are entirely my own and do not reflect those of Point Predictive.