There was fraud on the parts of the borrowers and there were frauds on part of the intermediaries in some cases. But you better not have a system that is dependent on the absence of fraud. It will be with us.
Fraud in the financial system
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There was fraud on the parts of the borrowers and there were frauds on part of the intermediaries in some cases. But you better not have a system that is dependent on the absence of fraud. It will be with us.