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FraudNews
04-21-2016, 11:51 PM
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ABC Online (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFMMzbC42cNghOeWroKia6NPQfNzw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=e2cZV4D3AtjE3gHpqLzQDQ&url=http://www.abc.net.au/news/2016-04-21/fraud-rife-in-banking-system-economists-say/7348176)


Fraud rife in banking system, with lending practices threatening financial system stability, economists say (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFMMzbC42cNghOeWroKia6NPQfNzw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=e2cZV4D3AtjE3gHpqLzQDQ&url=http://www.abc.net.au/news/2016-04-21/fraud-rife-in-banking-system-economists-say/7348176)
ABC Online
Fraud is rife in the banking system as banks systematically fudge the numbers on loan applications to make borrowers look more creditworthy than they really are, according to an explosive submission to a Senate inquiry on white collar crime.

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