So today I bought a used 2005 Suzuki SV650 from a guy off Craigslist. Now the bike is fine and I got a good deal but he flat out lied to me about the mileage on the bike and I didn't realize until I got it home that there were almost double the miles on it than he had said. He had the bike's display set to a "trip" odometer reading which is at 7700 miles whereas it has almost 14k miles on the overall odometer.

Now the big issue is that I got a loan through my bank for this and they are under the impression that there are 7700 miles on it. Would this be considered fraud? Can I call them and have them change the mileage within the loan information without a problem?

Also, the guy has already deposited the check from my bank into his account...I'm pissed.