[diditevenfund]

I think a major takeaway from this one is that the alleged fraud occurred over just a 9 month period 3 years ago and was for a total of only $2 million. For all the scammers that think their scheme is small enough to fly under the radar and that the government isn't going to be able to figure out the maze you've created to hide who you are, think again.

Very good point, why I truly believe a lot are currently under investigation as we speak.

[dailyfunderppt]

Does anyone know if ZAV is still funding?

[perrytheplatypus]

Yes,still funding.

[dailyfunderppt]

Yes,still funding.

Thanks!

[FunderFunding]

The ****ed up part is that the client gets marked as default for this crap and can't get a decent advance afterwards

[abfunders]

The ****ed up part is that the client gets marked as default for this crap and can't get a decent advance afterwards

Somebody should make business out of giving normal advances to people who fell for these scams.
The problem is that the people who fall for the scams.... shouldn't always trusted with their financial decisions.

[diditevenfund]

Somebody should make business out of giving normal advances to people who fell for these scams.
The problem is that the people who fall for the scams.... shouldn't always trusted with their financial decisions.

About a year and a half ago we got a lead, someone who fell for this. Wire in, monster wire out. Was all distraught etc.

Managed to leverage a strong funder relationship to get him a normal deal despite, deal went bad in a month. Unique situation? Maybe, but I sure have not forgotten it.