this cant be a serious show. lmao man dudes need a life.

Top content as usual :)

Love the wolf creek hat!

Tip-I’ve noticed the date on the check is dated before the business was filed.

Being a person that works in fraud in the banking world, check fraud is about one of the worst aside from elder abuse and wire fraud. Very interested in more episodes to come. Congratulations on the first episode! 🎉

Hey Jordan and Brian, great episode. We can provide context on the situation with the fake business name and check fraud as check fraud detection is our core business. Many businesses are using a fraud detection tool known as "positive pay." This has been in existence for decades. What occurs is that business will write checks and then submit an issuer file to the bank for reconciliation. Previously, it would compare check serial numbers and amounts. So, check 1234 and $10,000 is verified. Most recently, positive pay systems have upgraded to also compare the payee or "pay to the order" field. Fraudsters are adaptive and, as this has been deployed at many business through their banks, fraudsters found the vulnerability. As you might have seen across the internet, particularly on KZbin, you can register a business with ease -- we believe there is one that claims 7 minutes. The fraudster will acquire a stolen business check and register a similar business name (i.e. House of Fraud vs House of Fraud LLC) and open a business checking account a bank -- having the legit documentation to open the account, along with stolen personal identification. They will then deposit the check to the account. It will take 60-90 days before the vendor reaches out to business about payment, plus the investigations since the business will claim it was deposited, the bank will verify that it went to "House of Fraud LLC" account, and the fraudster will have made away with the cash. We would love to provide further context. Feel free to reach out to us on LinkedIn or on our website.

Amazing episode!!!