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recursivecaveat 7 hours ago [-]
> To lend credibility to the false figures, Fairfull forged bank documents using PDF-editing software and uploaded them to the data room investors used for due diligence.
Wait, when they're doing due diligence, nobody actually checks anything with the bank? I think it might be harder to fake eligibility for a mortgage than $107 million ARR.
gnabgib 13 hours ago [-]
The startup: Metigy. Weirdly not mentioned on HN before.
UqWBcuFx6NV4r 12 hours ago [-]
Even if it were a legitimate business/product, there is an entire world of products and services that doesn’t cross this website’s radar. There’s nothing weird about it.
Wait, when they're doing due diligence, nobody actually checks anything with the bank? I think it might be harder to fake eligibility for a mortgage than $107 million ARR.