[FundfiCEO]

Good morning. I am alerting all funders thar Thor funding, owner Harris Russell, is part of a networks that sends fake buy out paperwork.
They work with Sudden funding and any day funding.

I have notified the authorities and all paperwork from the clients have been sent over. I advise funders to do the same that work with them. We have been sent a large amount of paperwork and proof. They are pretty sloppy but the point is, Thor Funding is a shell. None of the merchants dealt with the iso we vetted or checked. Anyday and sudden are the ones who do all the dirty work. These guys have to be removed from the industry.

Beware

--Thor Funding Group
Harris Russell
Harris@Thor-funding.com
516-805-6302

Avi Schiowitz
Managing Partner
Any Day Funding
230 Park Avenue
New York, NY 10169

Jacob Greene
Capital Advisor
Sudden Funding Group
430 Park Ave. New York, NY 10022

[abfunders]

Efraim, please verify for everyone, does this Thor Funding have anything to do with Thor Capital Group?

[FundfiCEO]

When we did our vetting and our background, we were told they are not affiliated at all.

[TheUnderwriter]

Snip.PNG

This Thor?

[Lmonus]

Funders be careful - they might be associated with a few other entities, and are using a middle man company to get their paper funded.

[goldenhippo80]

https://dailyfunder.com/showthread.p...ght=black+swan

this is the same company

[diditevenfund]

Funders be careful - they might be associated with a few other entities, and are using a middle man company to get their paper funded.

This. People love to "co-broker" deals to cut the tie of direct affiliation.

[FundfiCEO]

"Thor Ventures, LLC dba Thor Funding Group
Not affiliated with Thor Capital Group (lender).
https://www.thorfundinggrp.com

[Steven_O]

Funders be careful - they might be associated with a few other entities, and are using a middle man company to get their paper funded.

I'll add to this... "BROKERS: Beware of 'referral business'". Seems like an easy lay-up till you get burned and hung on the line for the commission!

Thanks for the warning, OP and Lior.

[SymplifiCapitalAndrew]

https://debanked.com/2024/07/fake-lo...n-guilty-plea/

[BB_Cooper]

Black Swan's, Wayne Chappel and Harris Russell of Thor Funding, are working together?

[FundfiCEO]

Avi Schiowitz
Managing Partner
Any Day Funding
230 Park Avenue
New York, NY 10169

Jacob Greene
Capital Advisor
Sudden Funding Group
430 Park Ave. New York, NY 10022

these two were the ones my merchants mentioned were the ones they only spoke with.

[Torro Funding]

Good morning everyone. I will also confirm that this shop is committing to very shady practices.

We funded 6 merchants for them, and like clockwork, at 40 payments, they all called in, saying they were promised a massive LOC or SBA loan to pay us off.

-Evan Ensign
EVP - Torro Funding

[diditevenfund]

Good morning everyone. I will also confirm that this shop is committing to very shady practices.

We funded 6 merchants for them, and like clockwork, at 40 payments, they all called in, saying they were promised a massive LOC or SBA loan to pay us off.

-Evan Ensign
EVP - Torro Funding

Wild to me how weak some of these ISO are, can't sell anything legit. All these dips should hang it up and get back to what they qualify for, min. wage work somewhere. Losers

[TheUnderwriter]

Need to cut them off ASAP. Any deals paying, just renew with no commission, try to slowly get back any losses.

[ThorCapitalGroup]

Hi everyone,

We were just made aware of this post... It is correct that we have ZERO affiliation with Thor Funding, thank you for the people that commented pointing that out right away to avoid confusion.

Thor Funding are con artists that pull the line of credit, fake contract scam on unsuspecting merchants. We have gotten several calls from their pissed off merchants/victims over the past 12 months or so. We reached out to them and spoke to someone named Jacob Greene (probably a fake name) in February... We threatened legal action if they didn't stop using the Thor name so they took down their website thorfundinggrp.com and we left it alone. It then happened again in May with merchants calling in and confusing us with them so we gave them one day to take the site down or we would file so they took down the site, stopped using the Thor name, added a DBA to their corp and the site now redirects to suddenfunds.com. His email addresses are jacob@suddenfunding.com, jacob@thor-funding.co and jacob@thorfundinggroup.com.

Everyone should let their merchants know to report these scams to law enforcement or they will never stop because they are stealing millions and are not being held accountable. Criminals will only stop once they are scared of the punishments and until now, no one has been punished. Let us know if anyone has any questions.

If anyone is interested in signing up with us as an ISO, we are a 2nd-4th position funder that goes out 12 months on clean files WITH NO SALES TEAM. https://thorcapitalgroup.com/partner/

[FundfiCEO]

Damian Williams is the Ag for the southern district of NY and was in charge bringing down the fake LOC scam below. I have reached out and was advised to fill out the form below and send it in, which I have. I encourage all to do the same. Garbage eventually gets taken out. Their day will come. As Thor noted in the post above, this only get dealt with with the authorities involved. I worked with the FBI on the distribution/wholesaler scam that was going on this last winter and they stopped. Be vigilant!

https://dailyfunder.com/showthread.p...ght=black+swan

https://www.justice.gov/d9/2024-02/2...ort_form_1.pdf

[TheConfidentBroker]

Update...

Got an email from a precisionpeakfunding.com/ jgreene@precisionpeakfunding.com. Website is redirected to https://www.suddenfunds.com

Here are the other sites:
capitalboostformerchants.com
swiftcapitalflow.com
suddenfunding.com
precisionpeakfunding.com
advancecapitalnetwork.com

Jacob Greene
Capital Advisor
40 Wall Street
New York, NY 10005

Emailed the offer:
Proposal Amount: 190,000
Payback: 226,100
Payment: 3,768
Schedule: Monthly
# of Payments: 60

Found more trail of the scam on reddit in July too https://www.reddit.com/media?url=htt...qxdaiukd1.jpeg

DON'T FALL FOR THIS!!!

[TheConfidentBroker]

capitalassisthub.com -
jacob@capitalassisthub.com


Got another one. Same company another domain

Below is the proposal:

Proposal Amount: 190,000
Payback: 226,100
Payment: 3,768
Schedule: Monthly
# of Payments: 60


P.S. You can reply not interested & you will not be receiving any emails from us anymore.

Warm Regards,

Jacob Greene
Capital Advisor
40 Wall Street
New York, NY 10005


Who is this moron?

[diditevenfund]

[TopTier]

Wild to me how weak some of these ISO are, can't sell anything legit. All these dips should hang it up and get back to what they qualify for, min. wage work somewhere. Losers

What sucks is, its so prevalent - actually providing a solid offer and losing to a figment of their imagination

[Chambo]

At some point, the onus has to be put on the merchant.

Like "c'mon dude, you have 550 credit, 5-6 NSFs a month, and do $40,000 a month in gross revenue. You REALLY think you got approved for $100,000, regardless of the term?"

[Stmthom]

I’m a merchant and received an email from Jacob Greene as well. I knew it was a scam but googled him and came across this post. Looks like he’s still out there.

Find the proposal details below:
* Proposal Amount: 190.000
* Total Payback: 226.100
* Payment: 3,768
* Payment Schedule: Monthly
* # Of Payments: 60

Are you interested in moving forward with the above approval?

P.S. You can reply with 'not interested' & you will not receive any further emails from our team.

Warm Regards,

Jacob Greene
Quick Capital Solutions
Capital Advisor
NY

The email came from: jgreene@fundrisepro.com