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'Liar loans' leave property market open to criminal exploitation

Summary by ABC Australia
Hundreds of millions of dollars worth of property, largely in Sydney, has been bought by people who have submitted fake incomes statements and other fraudulent documents to support their borrowing.

1 Articles

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'Liar loans' leave property market open to criminal exploitation

Hundreds of millions of dollars worth of property, largely in Sydney, has been bought by people who have submitted fake incomes statements and other fraudulent documents to support their borrowing.

·Ultimo, Australia
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  • 100% of the sources lean Left
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ABC Australia broke the news in Ultimo, Australia on Wednesday, August 19, 2026.
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