[J.Celifarco]

Maybe the rogue employee submitted the deal to WBL as an in-house submission. In that case he would receive the commission as a sales rep. Remember, he was a former Merchant Solutions employee so he was a rep. WBL probably never knew where that deal really came from. The rogue employee took his cut of the spoils and quit or was fired and left WBL to deal with the fallout.

JJJDDD said they funded the deal at Can capital, If I had to guess probaly did it under the old iso (MSG) and WBL never knew it happened. Like we said earlier rogue employee and now WBL is left trying to clean up his mess. Problem for them is from what this sounds like they are going to be responsible..

[MCNetwork]

I would have never risked a 100K deal on a pop up lender. Should have gone straight to CAN.

[jjjddd]

MCNetwork, we thought WBL was one of the good guys. We launched a national marketing campaing in January and we are receiving hundreds of leads a week. They are all Clean deals we are sending out, we have decided to deal with the companies with stellar reputations. We are approved directly through CAN , we didnt need wbl to go to Can , we had no idea it was can till the end. We never expected this to happen, and when it did we expected WBL to make it right. Which originally they said they would and then they just went ghost !