 June 2021 Fraud Report  Document Fraud by the Numbers 11.5% FRAUD RATE $10M EVICTION COSTS SAVED Spirited detected a financial document fraud rate of 11.5% in June and helped property managers prevent $10 million in eviction losses!
If you don't have Spirited at your property, click here for a demo. How to Combat the Rise of Apartment Application Fraud Hi there, Tech and old-fashioned sleuthing can catch bad actors before they move in. A new Multifamily Executive feature, How to Combat the Rise of Apartment Application Fraud, highlights the top forms of fraud impacting the multifamily industry today and provides actionable insights into how to fight back.
Below we share some additional insight into the last month of fraud trends. We hope you find the information insightful. Take care,
Daniel Berlind CEO Spirited Inc 
Lookout for Adjusted Income  This month, we continue to see documents with Text Alteration. Inflation or deflation of income is also common practice these days.
While these documents look legitimate to the naked eye, Spirited technology is able to detect the fraudulent edits. What Our Customers Say
Wow. Thank you for your great service! I would like to think I could tell when there's fraud involved, and usually, I can... but not this time, which makes this specific case a prime example of why we need your services. I'm happy and thankful that you saved us from a big problem down the road!
Shane Star Leasing Agent, Redwood Urban  Don't Miss this Must-Read Report Applicants are falsifying financial documents and using them to apply for rentals. Can property managers outpace tenant fraud even as technology makes it harder to catch?
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