Expected to surpass $8 billion in losses for 2024,
automotive finance fraud is a growing concern for automotive dealers and their
partner finance companies. Whether it's by using a stolen or synthetic identity
or utilizing a fraudulent payment device, obtaining a vehicle by fraudulent
means has an impact on all of us. This session delves into the world of auto
finance fraud by using real cases to highlight how bad actors are obtaining
vehicles by fraudulent means, what happens to the vehicles after they are
purchased, and what you can do to identify those suspicious transactions at the
point of sale.
Join ePayResources and Missy Coyne, Learning and Development
Specialist with the National Insurance Crime Bureau, as she shares information
on the world of automotive financing fraud. Learn some of the tell-tale signs
of automotive finance fraud and help protect your institution and local car
dealers from fraud losses.