[demriolp]

FYI any funder processing over 500 files per day are going to see fraud/altered statements etc etc all the time !

That's a pretty fair statement. Due diligence combats a lot of these types though. Usually paying enough attention to minor details and calling the merchant out on it will prevent fraud from going that far. I don't see how an ISO can commit fraud with someone else's business and fund their company, it seems unrealistic....however not impossible, obviously.