Search
This wiki
  • This wiki
  • All wikis
 | 
  • Sign In
  • Don't have an account?
    Register
The IT Law Wiki
The IT Law Wiki
34,365 Pages
Add new page
  • Random page
  • TopContent
    • Most Visited Pages
      • Cyberspace
    • Newly Changed Pages
      • Handshake protocol
      • Digital economy
      • Webcasting and Convergence: Policy Implications
      • Task Force on Child Protection on the Internet
      • Entertainment
      • Seed money
      • International Strategy of Cooperation on Cyberspace
    • Most Popular Pages
  • community
    • Community portal
    • forum
  • Explore
    • Recent Changes
    • Random page
    • Community
    • Videos
    • Images
in:
Definition, Fraud

Bust-out fraud

Edit
  • Edit source
  • History
  • Talk (0)
Share

Definition[edit | edit source]

Bust-out fraud occurs when a "fraudster establishe[s] a positive repayment history and maxe[s]-out the line of credit before defaulting,"[1]

References[edit | edit source]

  1. ↑ Highlights of a Forum: Combating Synthetic Identity Fraud, at 9 n.6.
Retrieved from "https://itlaw.wikia.org/wiki/Bust-out_fraud?oldid=202250"
Categories:
  • Definition
  • Fraud
Community content is available under CC-BY-SA unless otherwise noted.

Fan Feed

Explore Wikis
  • Universal Conquest Wiki
  • Let's Go Luna! Wiki
FandomShop DC Trivia GalaxyQuest

  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Info
  • Support
  • Help