[funding pro]

Has anyone else seen the amount of fraudulent deals grow out of control?

Good thing most funders are now using decision logic or microbilt.

[anonymous]

...yep, this month in particular actually. glad to hear we aren't the only ones.

[nrh1lp]

My favorite is when they can't even add all of their "deposits" correctly. We have not seen too many more than normal, probably 1 set of fraud per week.

[ridextreme]

it depends where you're getting them from. Most of them come from the internet, so if that's the bulk of your marketing, that could explain it.

[FundingCzar]

We are averaging about 3.5 fraudulent submissions daily, its definitely getting worse. We also just saw someone that managed to quadruple fund on the same day and came to us claiming it was fraud and he was returning those deposits and wanted a new first position lol.