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I still don’t get it. Presumably there’s more information needed to apply for a loan than a bank number, such as name, DOB, and address (and maybe SSN or other personal ID, depending on country). What data was used for that?


The bank presumably already has that from the KYC on the open account.

I'm assuming that's the clever bit. The scammers got the victim to apply using their own personal data by hiding that fact behind the account number.


This doesn’t make sense to me either. Even when opening a new CD at an existing bank it asks me to confirm the address on file.

I guess it’s possible the scammers scoped out banks and found the shitty ones with inadequate practices…


At least in the US that seems highly unlikely, specifically because of KYC.




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