šØ Warning to All Startups Beware of Fraudulent Investors Like Sushant Kumar Nayak and Eskeyn Ventures In the world of startups, securing investments is a critical milestone. But what happens when the investors themselves are fraudulent? Meet Sushant Kumar Nayak, a name that has become synonymous with deception in the venture capital scene. Operating under Eskeyn Ventures, Sushant lured startups with promises of funding, only to vanish after collecting hefty due diligence fees. Victims Include: 1. Mo Ambulance: Ambushed by false promises, losing thousands. 2. Traviaco: Stripped of their due diligence fees with no investment in sight. 3. Fooyam: Left financially crippled, unable to scale due to fraudulent schemes. Red Flags to Watch For: - Lack of transparency in investment terms. - High upfront fees for "due diligence." - Over-promising with no concrete evidence.
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