What is another word for collateral fraud?
Pronunciation: [kəlˈatəɹə͡l fɹˈɔːd] (IPA) 
Collateral fraud is a term that refers to fraudulent activities involving financial collateral, such as properties, assets, or investments, as a means of obtaining loans or credit lines. There are several synonyms for this term, including asset-based fraud, mortgage fraud, collateral misrepresentation, and security fraud. Asset-based fraud refers to situations where individuals or organizations intentionally overstate the value of their assets to secure a loan or credit line. Mortgage fraud involves misrepresenting information on mortgage applications, while collateral misrepresentation involves falsely representing the value of collateral offered to secure a loan. Security fraud involves the fraudulent sale of securities or other financial assets. These synonyms all refer to various forms of financial deception and misrepresentation that can result in significant financial losses for victims.
