Snappt detected a fraud rate to 16.3%in October and helped property managersprevent $3.4M in evictions losses.
Fraud persists through pandemic
Last month, we continued to see renters submit Text Altered documents and fake documents created on Template Farms.
While these documents look legitimate to the naked eye, Snappt technology is able to detect both fraudulent edits and documents known to be produced by fraudulent shops.
As we continue to weather a turbulent economy, Snappt expects applicant fraud to keep climbing.
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Last month, we continued to see renters submit Text Altered documents and fake documents created on Template Farms. 
