A reader contacted me to tell me that he was trying to raise some venture capital for a business project. He told me that his project was posted on a number of forums and that he had been contacted by many scammers. Most he rejected immediately, but he was concerned about one person who contacted him claiming to be a reputable firm.
Thomas Duffy of Venture Capital International makes claims on his site about clients for whom he has, he claims, raised millions of dollars. My reader contacted one of these companies for confirmation – only to be told that they had never heard of Mr Duffy.
I can’t say for certain whether Venture Capital International is a legitimate organisation or not. If it is, Thomas Duffy needs to sort out his site – it is full of spelling mistakes and broken links – and gives no accreditations or licences.
If you are contacted by Mr Duffy – or any other so called money lender or finance company – do your due diligence. Do as my reader did and contact some of the companies that the lender claims to have helped.
Be careful and stay safe.