Fraud Frenzy: Canadian auto fraud up 54 percent thanks to ID theft, fake credit applications, says Equifax Canada
Ottawa, Ontario — Identity theft and fake credit applications have caused Canadian auto fraud to surge 54 percent compared to a year ago, according to a recent report from Equifax Canada. Ontario is the province that has experienced the most significant increase in auto fraud, with rates doubling since Q2 2023, said Equifax. First-party fraud, […]
