How factoring fraud takes place
Barry Faudemer, 02 June 2021
Cash-strapped businesses grappling with the cost of the pandemic are increasingly securing loans against the value of unpaid invoices, or ‘factoring’ as it is often referred to.
However, such a trend is also proving irresistible to criminals keen to exploit the opportunities of this growing market. Factoring fraud is a fraud committed against a debt factoring company by one of its customers. Continue reading “Article: How factoring fraud takes place”
