In this scam, you pay $2,000 to $30,000 to the scammer who claims that they will do everything for you with no work on your part.
Can you even imagine if someone came to you and said that they would build your personal credit scores for you and that there was nothing at all that you had to do except pay them $3,000. Would you fall for that? We sincerely hope not!
Here is what these scammers do:
They have scam vendors who report false business credit payment histories for your company that your company never made. So basically they report to the business credit agencies that your company is making payments that it is not. That is FRAUD on their part and on yours too! Don't do it.
What they don't tell you is that these fraud reports only generate a Duns score, which is only good for vendor lines of credit and not for bank, or other business loans. Since it is fraud, you might just end up with a felony conviction. Please don't even think about this one.