>100 Million Fund

I recently came across this guy from a finance company. This finance compnay
provides finance for companies thta need capital in access of $100 M. And
since then he is after me to start doing the paperwork, as I showed some
interest in getting funding. I have a few projects in mind that I think
would need money to that magnitude but before I do some serious work on this
I need to know how real is this proposal.

Has anyone else here come across companies this ?? please advise


Thanks,
Nitin

"Nitin Gupta" <nitingupta@sbcglobal.net> wrote:
> Has anyone else here come across companies this ??
> please advise

Simple. Your scam artist radar has obviously been tripped. Don't discount
such feelings. The simplest thing is to thoroughly check them out.

1) Call up the Better Business Bureau and see if they've been reported.
Note that if they're not listed by BBB doesn't mean that they're not scam
artists. It only means they haven't been reported yet.

2) Ask for references and call them. Be careful though. If they're a good
scam artist, they'll have fake references ... even of prestigious
businesses. Let's say one of their references works for prestigious company
and they have a phone number for you to call. Don't call it. Instead get
out your yellow pages (or, if it isn't a local business, Yahoo's yellow
pages) and call up their front desk then ask if the person works for them
and then get passed through to them.

3) Visit their place of business. If they've got this kind of money to toss
around, their business should look it. However, again, good scam artists
can fake this too. Simple way to check this out is simply asking other
businesses in that building that doesn't look connected to them at all. Or
if they take up an entire building, go to a neighboring building and ask
them. Simply ask how long that business has been around there.

4) Hire a lawyer to do a check on them. Most lawyers have at least one
private detective that works for them. He can also do a credit and criminal
check on them for you.

Scott Jensen
--
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