This dynamic program will instruct you on how to identify fictitious loan applications and review identification documents. Know the different loan frauds like bust-out schemes, loan kiting, and shotgunning loan applications. Using actual case studies, we will provide you with a new basis to review loan documents for commercial and consumer loans. The most important step in preventing loan fraud is training your lending staff on these concepts.
What You’ll Learn
- Understand the types of Loan Fraud
- Learn why Loan Fraud is committed
- Be aware of how a criminal commits Loan Fraud
- Know how you can examine a Loan Application for Fraud
Who Should Attend
Security Officers, Risk Management, Financial Crime Investigators, Loan Officers, Loan Processors, and auditors.