asked 146k views
1 vote
Several insiders of a mortgage company fraudulently sold serviced loans belonging to other financial institutions and kept the proceeds. An insider modified data in the servicing system to make it appear the loans were still being serviced and were current. The insider is compensated handsomely by the borrowers. This is an example of:

1 Answer

1 vote
Insider fraudulent felony theft.
answered
User Yash Sampat
by
7.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.