18min chapter

Lex Fridman Podcast cover image

#409 – Matthew Cox: FBI Most Wanted Con Man – $55 Million in Bank Fraud

Lex Fridman Podcast

CHAPTER

Creating Synthetic Identities for Bank Fraud

The speaker discusses their fraudulent activities involving creating synthetic identities for bank fraud. They obtain social security numbers and use them to apply for credit cards, eventually building credit scores for these synthetic identities. They express surprise at the success of their scheme and wonder how they can monetize it.

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