When it seems like a client has exaggerated their income in a loan application, which...

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Accounting

When it seems like a client has exaggerated their income in a loan application, which type of fraud is potentialy being committed?
Third-party fraud, where a clent has been defrauded by someone else
First-party fraud. where a client is committing fraud against the bank.
Internal fraud, where an associate working for the bank commits fraud
None of the above
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