invoice

The lenders allege in their complaint that their investigation determined that every customer email Brahmbhatt-owned companies had provided to verify invoices over the past two years was fake.

Since then, most of the city’s residents refused to pay, ignoring invoices and threats of legal action.

Ben invoiced the client £2,000 and "no-one questioned anything", which is when he realised he had tapped into a goldmine.

Scammers could use GenAI tools to create realistic fake invoices that mimic a company’s real vendors or create highly realistic fake identities to secure loans or contracts.

The supplier of oil filters and windshield wipers has some $6 billion in balance-sheet debt in addition to its off-balance-sheet financing, primarily from factoring, a form of short-term borrowing backed by its customers’ unpaid invoices.