How buy now, pay later services became a popular target for fraudsters, sometimes helped by companies having a loose underwriting process for applications (Matthew Goldstein/New York Times)

Matthew Goldstein / New York Times:
How buy now, pay later services became a popular target for fraudsters, sometimes helped by companies having a loose underwriting process for applications  —  Seung Song said his identity was stolen and used to buy $5,000 worth of gun components from an online dealer using a buy now, pay later service.