I submitted it to Bank A in digital format so as not to make it obvious that I just photoshopped it. Inscribe uses rulesbased fraud detection capabilities and machine learning to generate a full analysis of the legitimacy of an application document.Learn what you can do to resolve complaints. Self-Help for Consumers. Lying on a loan application may seem harmless, but even if a lender does not verify every piece of information, it is still considered fraud. Proof of your residency from the time the loans were made, such as a lease or utility bill. A complete Federal Trade Commission ID Theft. There have been instances of people forging bank documents to get loan. A fraudulent or negligent misrepresentation can lead to the rescindment of a contract in addition to a payment of damages to the other party who was misled. This article will clear your vision regarding cyber fraud when documents are submitted online for the loan.