Recent Banking Hoax A Warning

Apr 01 2016

Queensland banking hoax should serve as warning to all lenders

A recent news article of a Queensland tradesman having many millions in the bank has turned out to be a hoax but should serve as a warning to Members because of the sophistication of the bank statements produced.  An article in the Australian Broker Magazine written in response to this issue details how the hoax used sophisticated and genuine looking fake documents.

The article warns all lenders and brokers to be aware of just how geniune a fake loan application can be made to look.