An InformedIQ study based on a survey of more than 2,500 auto finance professionals finds the majority live in fear of “data hallucinations” as the burden of fraud grows. +
The owners of Eastern Iowa’s Sky Auto Mall are accused of double flooring in a lawsuit that seeks $12.3 million in compensatory damages and the seizure of financed units. +
Upstream’s latest auto industry cybersecurity report finds ransom-related attacks accounted for 44% of publicly reported incidents in 2025, double the previous year’s rate. +
AutoUnify will help Experian deliver its AI-powered decisioning technology and identity verification expertise to detect and prevent fraud no matter where transactions are completed. +
U.S. Attorney Braden Boucek announced prison sentences and restitution orders for former Auto Masters owner Mark Janbakhsh and three others convicted on federal fraud charges. +
Nearly 80% of dealers surveyed by eLEND Solutions say fraudulent activity is on the rise at their stores, with 10% reporting they lost at least 10 vehicles in 2025. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
A new partnership combines Mosaic Compliance Services’ digital compliance suite with Gather’s verification tools, including identity verification and insurance validation. +
Carfax reports more than 2.45 million U.S.-registered vehicles have rolled-back odometers, an increase of 14% from 2024, led by California’s 532,200 units. +
U.S. Attorney Jay Clayton announced bank and wire fraud charges against Tricolor’s former CEO and COO and guilty pleas for two executives who are cooperating with prosecutors. +
