Results 1 to 25 of 27
Threaded View
-
11-23-2020, 03:51 PM #1
- Join Date
- May 2019
- Posts
- 74
Nicholas Simo -SPARTAN ADVANCE AND Liberty Capital International - FRAUD ISOS BEWARE
Warning on Nicholas Simo owner of Spartan advance out of brooklyn. They send fake Term loan docs with multiple MCA contracts and tell the merchants they are getting a term loan meanwhile they fund multiple MCA's. We did one deal with this iso. They Charged the client a 23,000.00 closing fee for a a fake Term loan. They use the proceeds of the advances to secure the closing costs they charge and then dont pick up the phone.
Funder Beware of these two companies they are a fraud ring and are under FBI investigation.
And this is why we need regulation in the industry because of crooks like these guys that send fake contracts and charge upfront fee's.
Similar Threads
-
Spartan Capital Group
By rcapella in forum Merchant Cash AdvanceReplies: 3Last Post: 10-15-2020, 09:31 AM -
Spartan Capital Group
By rcapella in forum Merchant Cash AdvanceReplies: 0Last Post: 05-12-2020, 10:05 AM -
1st GLOBAL CAPITAL FINANCIAL SERVICES-Beware of Fraud
By omayradj in forum Merchant Cash AdvanceReplies: 16Last Post: 03-09-2015, 08:36 AM