[Velocity Capital Group]

How is this a well-done fraud? I’m still trying to get how the money ended up in the ISOs account.

The merchant has an iso website which we caught before funding. They put themselves on the app with a sepperate number and different info.

They have a website that brings on merchants, and they use their personal information and add their own dba to the business and will then leave the actual merchant dry.
By them adding the dba to the real Business, this makes funders think they actually own the business as sos will show them on the dba, and legal paperwork.

Here is the website.

https://www.qcfinancial.info/about2