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  1. #1

    Talk about audacity...

    I just received this email offering to sell me complete MCA packages for $55/ea. These people are either really bold, or complete retards, and if I were a betting man, I'd go with option #2.

    They might as well be openly selling drugs, or stolen credit cards, as it's very ILLEGAL to sell funding applications containing personally identifying information, particularly when such packages are likely obtained through fraudulent means without the applicants’ consent.

    These people, and everyone like them, should be referred to law enforcement and promptly shut down. They are victimizing small business owners by compromising their data, not to mention perpetuating some big problems within our industry. They should be squeezed to give up their sources, and those people should lose their jobs and be appropriately prosecuted.

    I'm not posting their contact info, because most of the dummies on this forum would probably just call them and order their product, as few people in this game have any integrity or give a **** about how they make money or at whose expense. But if anyone is interested in actually doing something about this, PM me.


    From: cj flaherty
    Sent: Wednesday, November 7, 2018 7:25 AM
    To:
    Subject: New MCA products for November Funding

    MCA Teams,

    We have a new product update.We are working with the following . MCA submissions. These are leads that were submitted to a funding company in the last 90 days, as far as data these are the top product. They come with emails and a majority have cells.


    MCA --0-7 day full packages cost 55.00


    Coming in December --Hard money leads/ Cash Out conventional loans.


    Please let me know if you have a interest in any of these products.


    Best,

    CJ Flaherty

  2. #2
    Senior Member Reputation points: 17775 cynthia's Avatar
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    Quote Originally Posted by StealMyDeal View Post
    I just received this email offering to sell me complete MCA packages for $55/ea. These people are either really bold, or complete retards, and if I were a betting man, I'd go with option #2.

    They might as well be openly selling drugs, or stolen credit cards, as it's very ILLEGAL to sell funding applications containing personally identifying information, particularly when such packages are likely obtained through fraudulent means without the applicants’ consent.

    These people, and everyone like them, should be referred to law enforcement and promptly shut down. They are victimizing small business owners by compromising their data, not to mention perpetuating some big problems within our industry. They should be squeezed to give up their sources, and those people should lose their jobs and be appropriately prosecuted.

    I'm not posting their contact info, because most of the dummies on this forum would probably just call them and order their product, as few people in this game have any integrity or give a **** about how they make money or at whose expense. But if anyone is interested in actually doing something about this, PM me.


    From: cj flaherty
    Sent: Wednesday, November 7, 2018 7:25 AM
    To:
    Subject: New MCA products for November Funding

    MCA Teams,

    We have a new product update.We are working with the following . MCA submissions. These are leads that were submitted to a funding company in the last 90 days, as far as data these are the top product. They come with emails and a majority have cells.


    MCA --0-7 day full packages cost 55.00


    Coming in December --Hard money leads/ Cash Out conventional loans.


    Please let me know if you have a interest in any of these products.


    Best,

    CJ Flaherty
    so you posted his name and not his contact info?? lol ,,when you google his name he can be contacted at his linkedin...where he says ,"I have over 30 years experience in sales, marketing ,and lead generation. Over my career I have managed sales teams in several major industries. I have focused on properly qualifying prospects, and establishing high converting closing techniques. My company has assisted Merchant Cash Advance Companies..."

  3. #3
    Karen37a
    Guest
    Quote Originally Posted by StealMyDeal View Post
    I just received this email offering to sell me complete MCA packages for $55/ea. These people are either really bold, or complete retards, and if I were a betting man, I'd go with option #2.

    They might as well be openly selling drugs, or stolen credit cards, as it's very ILLEGAL to sell funding applications containing personally identifying information, particularly when such packages are likely obtained through fraudulent means without the applicants’ consent.

    These people, and everyone like them, should be referred to law enforcement and promptly shut down. They are victimizing small business owners by compromising their data, not to mention perpetuating some big problems within our industry. They should be squeezed to give up their sources, and those people should lose their jobs and be appropriately prosecuted.

    I'm not posting their contact info, because most of the dummies on this forum would probably just call them and order their product, as few people in this game have any integrity or give a **** about how they make money or at whose expense. But if anyone is interested in actually doing something about this, PM me.


    From: cj flaherty
    Sent: Wednesday, November 7, 2018 7:25 AM
    To:
    Subject: New MCA products for November Funding

    MCA Teams,

    We have a new product update.We are working with the following . MCA submissions. These are leads that were submitted to a funding company in the last 90 days, as far as data these are the top product. They come with emails and a majority have cells.


    MCA --0-7 day full packages cost 55.00


    Coming in December --Hard money leads/ Cash Out conventional loans.


    Please let me know if you have a interest in any of these products.


    Best,

    CJ Flaherty
    We get those emails and phone calls on a weekly/daily basis

    Some have actually showed up to offices with boxes ...two showed up with a stolen computer . Me yelling ( get that fking computer out of my office)Debt relieft has went door to door as well. I snatched a few files out of the bins of my funders so they didnt implode on them.

    I couldnt even go to lunch for a full year for fear that when I come back to the office, the furniture is gone.

    Certain salepeople move like a swarm or termiites...they descend on the new Funders showing up and gut them for the 90 day Draw then take off with the leads to the basement of their house.Or quit to go get a "better job" then "monetize the data" even when it wasnt theirs to begin with. Same with the virtual offices (who are getting free leads). They are snapping pictures with their cameras of the computer screen.

    There is a reason Some Funders and Isos went under down here...they didn't have a shot to make it from the moment they showed up.

    You can tell after being in business for a long time who is who and where they came from...And if you sold loans in the area, everyone is 1 person removed from someone you know. Just like the old stockbroker rooms...everyone knew someone who knew someone

    ( I also terminated 2 brokers because of their lead sources)

  4. #4
    Karen37a
    Guest
    For these reasons and more. I teach brokers how to generate their own leads for low to no cost, just sweat equity. And if you do not want to do it...hit the bricks skippy

  5. #5
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    Is CJ actually selling banks and apps? He says $55/lead, but where in that email does it say he's selling the apps/banks? Maybe they're just trigger leads of some sort?
    Not saying that he's not, I'm just curious where you see that he's actually doing what you're accusing him of?

  6. #6
    Karen37a
    Guest
    Bottom line. If a deal could be funded. Lead seller or Lead company or not, they would find a way to fund it. Some* would Hook onto a Real Funder or even a broker/iso like me to pass it off and get the piece of the pie in the form of commission $$ not $ 55

    Data Sellers are usually genuine, some lead sellers do not want to deal with the drama associated to funding and the merchants who lie... but let the buyer beware on someone selling "complete lead packages" "non exclusive"

    And if you are good in sales it takes about 5-10 interrogation questions to find out the data you are looking for in those packages.

    You can call any business and just ask them ( if they will talk to you)

    ( this is why the cold call prospecting off the top is Key*)

    how many cash advances do you have with balances on them

    What are the current balances

    How much money do you want, what is it for, and when


    ** go in for the close **
    Last edited by Karen37a; 11-07-2018 at 09:46 AM.

  7. #7
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    Quote Originally Posted by abfunders View Post
    Is CJ actually selling banks and apps? He says $55/lead, but where in that email does it say he's selling the apps/banks? Maybe they're just trigger leads of some sort?
    Not saying that he's not, I'm just curious where you see that he's actually doing what you're accusing him of?
    MCA --0-7 day full packages cost 55.00

  8. #8
    Karen37a
    Guest
    Quote Originally Posted by Michael I View Post
    MCA --0-7 day full packages cost 55.00
    IF he has them and he is not just selling people on what they want to hear


    AND All UCC and data leads are not alike

    you could be calling a list of 10000 from someone who sold the same 10000 list to 1000 people over the last 30 days

    The phone calls will go something like this

    Hello, I am from xyz capital how are you today...GET THE FK OFF MY PHONE

    hi I am from xyz capital ..IF YOU CALL ME AGAIN ILL CALL THE POLICE


    so much time fighting on why things didn't work and egos..no one ever really got down to what really works.

    ( and its a few quick simple fixes (s) to people with open minds)

    And for that...they need to sign up with a local Iso who has extensive sales experience.
    Last edited by Karen37a; 11-07-2018 at 10:20 AM.

  9. #9
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    i got that email to. where are these packages coming from

  10. #10
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    Quote Originally Posted by fundingsmbs View Post
    i got that email to. where are these packages coming from
    Shawshank

  11. #11
    Karen37a
    Guest
    Quote Originally Posted by hdf View Post
    shawshank
    lol

  12. #12
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    It’s getting worse.

  13. #13
    Veteran Reputation points: 134971 Chambo's Avatar
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    as more and more ISOs and Funders open up, more and more people essentially going after the same merchants. People will get desperate. This is what started stacking. then backdooring. Now the next step is outright theft.

    Feds don't need to come in and clean up, we are cannibalizing ourselves

  14. #14
    Karen37a
    Guest
    Merchants do not do anything that they do not want to do

    I am sure that those files are a big mess of Defaults or future defaults, liens bankruptcy and paedophiles

    Its like when a guy cheats and he says " she fell on my **"


    More and more Isos and Funders did not open up...the industry contracted with major competition from square capital, pay pal, chase, huge visa mc processors, google vc , amazon and others
    Last edited by Karen37a; 11-08-2018 at 01:35 PM.

  15. #15
    Karen37a
    Guest
    https://debanked.com/2018/08/the-201...rs-by-revenue/

    article on Debanked top 4 ( these are not listing others that I know are crushing the numbers...beating Square)

    Square $2,214,253,000 $1,708,721,000 $1,267,118,000 $850,192,000 $552,433,000
    OnDeck $350,950,000 $291,300,000 $254,700,000 $158,100,000 $65,200,000
    Kabbage $200,000,000+* $171,784,000 $97,461,712 $40,193,000
    Bankers Healthcare Group $160,300,000 $93,825,129 $61,332,289

    __

    Add. Anyone who thought that regulation would stop the onslaught from banks, HUGE Venture capital like Amazon and Google and processors etc was out of their mind. Thank God the Regulation chant stopped...we would have been toast

    __

    2 year ago I said that I was moving away from a paper. b minus ....to b plus to d ....to survive. And I said C/d paper will be the last to go. Nothing personal. We have to survive.
    Last edited by Karen37a; 11-08-2018 at 02:08 PM.

  16. #16
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    Wild West

    I've been noticing a lot of lenders/banks have been marketing "trigger leads" which in my opinion very shady and unethical. Pretty much what these MCA companies are doing are selling aged loan submissions as leads. Correct me if Im wrong but why the hell would I buy leads that more than likely I submitted to you??!! What are your thoughts on this and am I correct to assume thats exaclty what these MCA companies are doing??

  17. #17
    Karen37a
    Guest
    Quote Originally Posted by mcspecialist View Post
    I've been noticing a lot of lenders/banks have been marketing "trigger leads" which in my opinion very shady and unethical. Pretty much what these MCA companies are doing are selling aged loan submissions as leads. Correct me if Im wrong but why the hell would I buy leads that more than likely I submitted to you??!! What are your thoughts on this and am I correct to assume thats exaclty what these MCA companies are doing??
    That person is not an mca company. he is someone "hired" to do marketing I assume.

    mca companies do not realease their files...they follow up on them for future deals which is why they have inside sales forces.

    Sometimes A paper Loans will release them to mca as a referral

    Also, a lot of lead sellers are bs artists ...they con people into buying glorified yellow page lists then they disappear with their rent money


    BUT* once you turn a file over for a quote to a Funder lender ...you do not own it after 7-30 days, sometimes 60-90...some wont call no inside sales force.

    Its legally theirs to call or do what they want

    Some times a company will have a "mole" yellowstone arrested one or two...marched them out on the" walk of shame"..had them arrested

    I think Wells Fargo had people opening up credit cards and bank accounts with out the clients approval as well. I do not think they were arrested though
    Last edited by Karen37a; 11-08-2018 at 02:22 PM.

  18. #18
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    I don't think you realized this but I think you just advertised for CJ Flaherty lol.

  19. #19
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    Selling SSNs is illegal, selling emails and phones as a hot lead, who cares?

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