"that one-in-three people admitted to falsifying their loan applications."
Having filled out many loan forms, this could be as small as reporting your living expenses as slightly less than actual. I always do but never actually borrow as much as they will lend anyway. I have an LVR of less than 50% but if UBS asked me, I would have to answer yes as well.
Good headline for click bait though.
UBS also doing well with PR lately by doing research on contentious issues. Well played.