Credit Washing Fraud Uses Fake Human Trafficking Claims
A diabolical new fraud scheme is sweeping through the shadowy corners of the credit repair industry. Unscrupulous credit repair companies are falsely claiming their clients are human trafficking victims to systematically and fraudulently remove negative items from their credit reports. The scam exploits a protection implemented by the CFPB in 2022 to help actual human […]
Synthetic Identity’s New Shell Game – Fake Tradelines
There’s a new game in town for synthetic fraudsters and unscrupulous credit repair companies – fake tradelines. And they might be using shell companies to perpetrate the devilish new scheme. Those fake tradelines are being used to artificially inflate the credit scores of people that are using them so they can bypass lenders credit and […]