I've kind of come across this issue and I can totally see how it can happen. We had an offer out, ISO called in and asked us to change the e-mail address on record and send him docusign. Docs come back and the merchant admantly says that he did not sign the contracts and that e-mail is not his. I mean, anyone can catch this with a simple merchant interview. But if funders / brokers want to be shady, they could easily create an e-mail address for the merchant, complete the docusign for the merchant and fund a deal without a merchant interview.

Gotta love this industry.