Par Funding: Did Merchant Declarations Help Trigger SEC Raid—And Why Has The Ponzi Narrative Collapsed?

By Milton Allimadi The SEC’s landmark case against Philadelphia-based merchant cash advance company Par Funding is facing renewed scrutiny amid claims by former CEO Joseph LaForte and his attorneys that crucial evidence used to obtain an emergency court order against the company were based on inaccurate merchant declarations. The allegations raise broader questions about how … Continue reading Par Funding: Did Merchant Declarations Help Trigger SEC Raid—And Why Has The Ponzi Narrative Collapsed?