Scammer Alert !! Beware of Coconut Funding
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  1. #1

    Angry Scammer Alert !! Beware of Coconut Funding

    The person is Jack Perlman and Rob Perlman,
    They will fund your merchant with 1.899 rate 20 days term
    They fund $2000 and origination fee is $899
    $495.00 Admin
    $950.00 Placement

    And the worst part is, They are not gonna pay your commission unless the merchant take a buyout renewal from them !!!!

    Scamming with the Merchant and ISO as well
    How they are still in the market!!!

  2. #2
    Quote Originally Posted by FundingGuy View Post
    The person is Jack Perlman and Rob Perlman,
    They will fund your merchant with 1.899 rate 20 days term
    They fund $2000 and origination fee is $899
    $495.00 Admin
    $950.00 Placement

    And the worst part is, They are not gonna pay your commission unless the merchant take a buyout renewal from them !!!!

    Scamming with the Merchant and ISO as well
    How they are still in the market!!!

    oh really.gif
    Last edited by OnTheRopes; 07-10-2023 at 09:57 PM.

  3. #3
    Senior Member Reputation points: 14657
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    May 2014
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    California
    Posts
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    So the funding is a debit of $344 and then the dailies begin?
    Last edited by Shorebird; 07-10-2023 at 11:46 PM.

  4. #4
    Senior Member Reputation points: 19313
    Join Date
    Aug 2020
    Posts
    143

    Quote Originally Posted by FundingGuy View Post
    The person is Jack Perlman and Rob Perlman,
    They will fund your merchant with 1.899 rate 20 days term
    They fund $2000 and origination fee is $899
    $495.00 Admin
    $950.00 Placement

    And the worst part is, They are not gonna pay your commission unless the merchant take a buyout renewal from them !!!!

    Scamming with the Merchant and ISO as well
    How they are still in the market!!!
    You must have missed the other threads

  5. #5
    Member Reputation points: 608
    Join Date
    Mar 2023
    Location
    Miami
    Posts
    40

    Quote Originally Posted by FundingGuy View Post
    The person is Jack Perlman and Rob Perlman,
    They will fund your merchant with 1.899 rate 20 days term
    They fund $2000 and origination fee is $899
    $495.00 Admin
    $950.00 Placement

    And the worst part is, They are not gonna pay your commission unless the merchant take a buyout renewal from them !!!!

    Scamming with the Merchant and ISO as well
    How they are still in the market!!!
    Respectfully, the worst part is:
    They will fund your merchant with 1.899 rate 20 days term
    They fund $2000 and origination fee is $899
    $495.00 Admin
    $950.00 Placement

  6. #6
    Quote Originally Posted by Shorebird View Post
    So the funding is a debit of $344 and then the dailies begin?
    They Net $1101 then the Dailies begin.

  7. #7
    Senior Member Reputation points: 305505
    Join Date
    Jun 2015
    Posts
    3,319

    its amazing how they have been getting away with all their scams for over ten years

  8. #8
    Quote Originally Posted by Michael I View Post
    its amazing how they have been getting away with all their scams for over ten years
    I couldn't see that before funding, because they never sent me a copy of the agreement.
    How to complain about them?

  9. #9
    Senior Member Reputation points: 305505
    Join Date
    Jun 2015
    Posts
    3,319

    Quote Originally Posted by FundingGuy View Post
    I couldn't see that before funding, because they never sent me a copy of the agreement.
    How to complain about them?
    https://dailyfunder.com/showthread.p...oconut+Funding



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