Synthetic Fraud
The Silent Heist You Didn’t See Coming –
And How to Stop It
Lenders lost $3.2 billion in 2024 to synthetic fraud. By 2025? It’s projected to hit
$5 billion.
Fraudsters are creating ghost identities—ones that pass every verification check until they disappear with maxed-out credit lines.
If you think your fraud tools are catching them, think again.

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Learn how fraudsters build these ghost identities and what leading lenders are doing to fight back.