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US sues Bank of America over ‘toxic’ mortgage scheme

The US Justice Department is seeking $1 billion from Bank of America, alleging the bank committed fraud by selling defective mortgages from a programme it says was known within the bank as "the...

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Identity theft: Fraud cases in auto, mortgage loans and credit cards segment...

Frauds due to applicants submitting fraudulent contact information has risen by 3% contributing to 18% of all detected frauds The post Identity theft: Fraud cases in auto, mortgage loans and credit...

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