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Beware of Scams!!
There is a scam going around targeting innocent people who sre looking for funding.
It’s called: BH Get FIRST FUND First Fund .
They tell people they will easily get 50k-150k within a few months (and if youre credit score is over 720, you will get 150k).They claim to have a 90 day money back guarantee if you do not get at least 50k in 90 days.
Well, all sounds great right?
But after you actually pay $6,000 (!) , they totally ignore you and when you finally pressure them enough they say “Oh! You dont have a business yet. Well, you need an LLC 6 months old. Oh! You only have 1 credit card? You need at least ast 4!” And when you follow all the rules, and do all these things they NEVER told you about (and never would have agreed to), they say “your credit age is too low!”.
Well, why didn’t you say that BEFORE I shelled out $6000??Then, after 90 days, and you still don’t get funding, they REFUSE to refund (!!), even threatening to charge you more if you fight them.
This is a SCAM!!
STAY AWAY!!First Fund , REFUND the money you stole from innocent people, like you promised!!
Stop lying and stealing from people who trusted in you!!
This is a classic scam tactic. I’m sorry you fell for it. NEVER EVER pay anyone who promises you money. These guys know that credit card charges are very hard to fight after 90 days. If you have any US addresses you should report to the FBI or FTC.
I don’t understand this.
Why would anyone pay $6,000 to get a loan?
Btw, for only $3,000 you can get $3,000,000 from a Nigerian Prince & you don’t even have to pay anything back.watch out for the ‘grandma’ scams, where they call and say they are your grandchild that’s just been kidnapped, and if you pay x amount, the kidnappers will let the child go.
believe it or not, we know someone who fell for this scam.
so, beware – and don’t be in a rush to pay anyone anything.When someone I care about is thinking about borrowing from a lender they’ve never used before, and I can’t vouch for their track record, I always suggest using an escrow account for those initial ‘good faith deposits’ (or whatever fancy name they give it). That way, the money’s not just sitting with the lender until everything’s finalized. Most legit lenders who haven’t done business with you before should be cool with that setup.”
Even gullible yidden cannot be THAT stupid to pay $6K to some some scam artist with the promise of future funding without any validation or diligence?? You can put payos and streimlach on a pig but that doesn’t convert a chazir to some ehrliche askan
I watched their entire video.
All they’re offering is to get you (if you qualify) a “Business” credit cards with an introductory 0% interest rate.
It seems pretty shady you can’t do this on your own but need their “Special connections” in the banking world to have large amounts of credit “pushed through” when it normally wouldn’t be.ANYONE can get a collateralize “credit card” with varying credit limit ratios without needing some scam artist without needing “special connections”. New business startups can access several SBA and other government subsidized business loan programs depending on your prior experience, other assets and status under programmatic criteria for location etc.
Authorities rigorously enforce laws against this scam, evidenced by numerous precedents of incarceration for such offenses.
The owner is in Orlando nice story!!!
Hopefully, the owner will be in Otisville NY or Butner NC this time next year so that some other ehrliche scam artists can start a GoFundMe campaign for pidyon shivuim
> owner has long peyos and long beard.
if someone uses a picture in a black hat, does not mean that it is his photo, of course. He might have another picture in a kefiya for a different scam..
I have the option of joining them again in a year when my credit is better. I don’t know if it’s worth the stress and trauma.
You mean you’re considering it?
Oy. This is upsetting on so many levels.I needed some money but my credit cards balances where too high.
i singed up to one of these was a Frum company etc. they said yes we will get a bridge loan to lower your ratio that’s the only thing stopping you from getting it etc. ok i split the 5000 into 2 payments. after i did there whole course in 3 days which didn’t even tell me anything new i had a meeting with him for strategy, where he rushed me off the zoom in 3 mins. when i asked about the bridge loan to move forward, he told me that its expensive and its like 30% for 2 months lol. im like no way not doing that. so he tells me i should borrow from friends or something.
in the meantime there second payment of 2500 was not going through because high balance and his partner kept calling me.i went ahead and disputed the Amex charges. they told me no new information, it requires perfect credit and if you have perfect credit anyone can get 0% business credit cards for 100k. i won the dispute in 2 days because i used amex and im done with them. in the meantime the guys partner called me 5 times a day for 4 months once i did the dispute and i just ignored them.
We sometimes hear (sadly jokingly) that various frauds perpetrated by Yiddishe scam artists are a “shanda fur die goyim” as if that is the primary concern and that its somehow “ok” if no Jews are hurt. Whether we are addressing the seemingly endless nursing home scandals of a decade ago, massive financial frauds of a Bernie Madoff or the garden variety frauds such as those described here by the OP, there is some combination of laziness, greed, inexplicable stupidity and financial desperation that feeds these scams. What would seem to be obvious to any poishete yid somehow fails to register as obvious fraud and yidden don’t really seem to care whether they are fleecing other Jews or limiting their theft to “the goyim” since the dollars are fungible. While the civil courts don’t really care, hopefully beis din shel maalah has reserved a special section in gehenom for those yidden who prey on their brethren.
Dispute it. Theres nothing they can do about it
When The corruption Madoff happened the famous line going around the world was:
“IF YOU WANT TO INVEST, THEN DON’T INVEST IN MADOFF, MADOFF GOT MAD AND FELL OFF, IF YOU WANT TO INVEST THEN INVEST IN CHARITY IT’S AN ETERNAL INVESTMENT THAT CAN’T GO BAD, YOU KNOW YOUR STOCKS WENT UP AND DON’T HAVE TO CALL WALL STREET EVERY DAY”
What’s a person’s money worth after they leave this temporary physical world? It’s not even worth counterfeit or monopoly money, it’s completely worthless. What do you think the niftars children will buy a Sefer Torah in the zechus of the Neshama?
Sam: Not EVERYTHING is about tshuvah, olam haboh, etc. We do live in Olam Hazeh and we need to exercise common sense in how we live our lives and organize our financial arrangements. That doesn’t mean fixating on gashmius at the expense of ruchniyus but the two are NOT mutually exclusive. Maintaining strong personal and family finances provides the basis for pursuing more important spiritual endeavors without having the bill collectors knocking on the door
I saw their ads and I also almost gave them the money. They also told me since my credit score is below 700 that it will take extra I think 2 months to fix it and then I would be able to get those loans. I knew that 2 months to get my score to be over 700 is not possible and that’s why I declined their offer.
Now I will tell others to stop advertising them. It’s disgusting that they think they can cheat and still be able to advertise to the US.
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