http://debanked.com/2017/11/the-bad-...due-diligence/

Even worse:
We recently funded a deal, behind two funders. $1 million rev, crazy balances, the guy was funded almost $800k in two weeks, with the broker promising another $1 million to follow.. But here's where things got ugly: the broker took a unauthorized $30k PSF, when the Merchant called him he explained that it was a "mistake" (instead of $3k..) and that he will return the funds as soon as it clears. 3 days passed and the funds were gone. The Merchant ended up blocking payments after realizing what happened and we all got screwed.

Sadly the broker is still doing business as usual.
A lot of people on this Forum saw this story (waiting for your comments).