This week on the Method, Online Loan Fraud. Criminals used to have to wear masks and carry guns to get free money out of banks, but the internet gave them another option.
Online loan fraud is on the rise, and in this episode we look at what it is, how they do it and the outcomes.
Want to learn more about Online Loan Fraud? Check under 'Loan Fraud' in our Fraud Dictionary here: https://seon.io/resources/dictionary/.
The Method is a series from SEON explaining the world of fraud one term a time. Each week we'll dive into what each type of crime means, how it happens and what can be done to stop it.
The Method is published every Thursday.
The Method is brought to you by SEON. Where every day we help businesses protect themselves and you from fraud.
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