It’s all in the wording ...banks in Ireland must call loan application fraud re-modelling the applicant
Mike Smith of ANZ prefers to call fraud just a case of misselling....got the utube link from 2012 saved to prove a point
In 2010, Dublin lawyer Vincent Martin and his colleagues were contacted by a man who was at
loggerheads with the Irish Nationwide building society, a local bank. After obtaining the bank’s files on his
account, the man had discovered the bank, which has since merged with Anglo Irish Bank, had created a
new version of him for their credit committee. So they could lend him more money during Ireland’s bull
market, banking officials had changed the man’s occupation, inflated his roughly $39,000 annual salary to
$78,000, and forged both his and his employer’s signature.