There are many venture capital sites on the web claiming to put businesses in touch with investors and or brokers. from sites like Gobignetwork, Go4funding to Raise Capital and one called Find that Money. Well most may be legitimate some are there to just take your money for a subscription that does not give real leads.

Case In point one site in general I am going to pick on called Find That Money I recieve emails all the time from this site claiming that an investor wishes to invest money in my venture upon reading a recent email from a potentially investor I contacted his firm. (below is the actual email that was sent back to me )

Dear Mr. Riley,

Your email regarding the Findthatmoney.com website was forwarded to me. Unfortunately, Findthatmoney.com appears to be sending out fraudulent emails. Mr. Tennenbaum did not write the email that you forwarded and our firm is not interested in investing in your company.

Thank you for bringing this fraud to our attention. I wish you well in your business.

Liz Greenwood

So now you ask who is sending out the bogus emails and why are they committing acts of fraud by signing peoples names to emails they never wrote and sent and what does the law have to say about internet fraud.
good question. I was not shocked that it was bogus cause there are so many internet scams on the web but believe that these people need to be brought to justice for misrepresentation and internet scams so others do not fall into and maybe lose their money.

If you have had a similar experience please share your story.

Happy searching

Tim Riley

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