Sentence examples for loan fraud from inspiring English sources

"They're falsifying the person's credit history, and that's one definition of loan fraud," Mr. Watts said.

Canceled a partnership with the Consumer Financial Protection Bureau aimed at policing student loan fraud.

"Computer theft, employee theft, embezzlement and loan fraud -- that is where they lose a lot of money".

Press Release, U.S. Dep't of Justice, Auto Dealership Agrees to Pay Penalty of $1.4 Million and Restitution of More than $730K in Bank Loan Fraud Scheme (Aug. 31, 2018), https://www.justice.gov/usao-wdpa/pr/auto-dealership-agrees-pay-penalty-14-million-and-restitution-more-730k-bank-loan-fraud.

The governor, J. Fife Symington III, was under constant legal scrutiny (and would eventually be convicted of savings and loan fraud); the office was in disarray.

A10 EDUCATION Battling Student Loan Fraud One of the Department of Education's latest weapons against student loan fraud is a former identity thief who assumed more than 50 aliases to collect about $316,000 in federal student loans over three and a half years.

Over the years, Mr. Reifler, a resident of Boca Raton, Fla., has been involved with savings and loan frauds, a sham mutual fund and even a brokerage firm that prosecutors said was tied to the Mafia.

Loan frauds average almost $2 billion a year, and to hedge against this, interest rates on business loans routinely run high, up to 20%, denoting low trust.

The Boston case--in which LaRouche was accused of conspiring to obstruct an investigation of an alleged $2-million 2-million creditloan fraud--ended in a mistrial in May after five months of testimony.

The two paragraphs I quoted from the FBI's 2010 mortgage fraud report make it clear that the FBI knows that the actions that the mortgage lenders' controlling officers caused the lenders and their agents (primarily the loan brokers) to commit the twin epidemics of mortgage origination fraud (appraisal and liar's loan frauds).

He was convicted of mail fraud in 1985 and served time, only to be convicted again in 1991 in a home-loan fraud case.