[abfunders]

I was surprised here that Google connected the dots.
https://www.scampulse.com/water-way-funding-reviews
https://www.scampulse.com/master-funding-inc-reviews

[Olderguy]

Hate to say it but why don't these merchants do their due diligence?

[BigAFunding]

I ask myself the same question

[mcafunders]

You can see who the owner of these companies are by doing a google search

they are all owned by the same guy.

every time i hear the work line of credit i send the merchant this thread to warn them to not fall for it. (before its taken down)

The scary part is that with all the info online, sooner or later this guy is gonna scam the wrong merchant and gonna be a in person meeting from a merchant.

[Liv Funding]

...

[goatFunding]

Hate to say it but why don't these merchants do their due diligence?

As a broker.. I try to sound as professional as possible.. Kind of a cross between a consultant and a banker.

Think of a small tow-truck operator in Tennessee. Great guy, Amazing person. Awesome father.. works hard for his family... but is not the most financially literate.

A piece of scum broker, gets on the phone and says a few terms he doesn't understand, sounds like he knows what hes talking about.... Takes him for a nasty ride.

This happens way more than you think. It is very easy sitting here, seeing the full picture asking why they fall for scammers.



Side note. I had an almost identical story .. with a merchant getting scammed into paying three days later..with all the proof. I posted here on the board about two months ago.. Post was removed less than an hour later.


This world is all about who you know.

[David6ix]

Same thing happened with my merchant 2 days after we funded him

Fake LOC from ECO/ RED ROCK, and the 20k MCA and wire back 40k the next day were debited as "United Funds" (not united funds USA)