EPISODE · Jul 24, 2024 · 27 MIN
Connected Podcast Episode 148: Staying Ahead of Synthetic Fraud
from ConnectedPodcast · host ConnectedPodcast
The FTC estimates that synthetic identity fraud now accounts for 80-85% of all identity fraud. On this episode of Connected, Greg sits down with Frank Toms from Auto Data Direct to talk about what kind of challenges this type of fraud presents for dealers. Frank and Greg discuss everything dealers need to know including: -What constitutes synthetic fraud. -The risk synthetic fraud poses to dealers -Measures for spotting fraud before it occurs. -How to stay educated as fraudulent practices change.
What this episode covers
The FTC estimates that synthetic identity fraud now accounts for 80-85% of all identity fraud. On this episode of Connected, Greg sits down with Frank Toms from Auto Data Direct to talk about what kind of challenges this type of fraud presents for dealers. Frank and Greg discuss everything dealers need to know including: -What constitutes synthetic fraud. -The risk synthetic fraud poses to dealers -Measures for spotting fraud before it occurs. -How to stay educated as fraudulent practices change.
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Connected Podcast Episode 148: Staying Ahead of Synthetic Fraud
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