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fraudulent income

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See: graft


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Mortgage Loan Fraud: In this situation a potential buyer obtains a loan using fraudulent income, credit, employment or appraisal documents to obtain a mortgage for which they are not qualified.
38) From 1996 through 2001, AAA clients involved in the schemes reported fraudulent income tax deductions in excess of $120 million.
Your name could be used to file a fraudulent income tax return, or to obtain government benefits.
 
 
 
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