Dude! How'd You Get That Car?

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.