The Federal Reserve Bank of Chicago publication, Modern Money Mechanics page 3 states, "The actual process of money creation takes place primarily in banks."

The Federal Reserve Bank of New York publication, I Bet You Thought… on page 19 states, “Commercial banks create checkbook money whenever they grant a loan.”

The Federal Reserve Bank of Texas publication, Money, Banking and Monetary Policy page 11 states, “Banks actually create money when they lend it.” “Because the loan becomes a new deposit, just like a paycheck does…”

Every "loan" obtained from a commercial bank by a flesh and blood human being is fraudulent.