Phantom Investors:

Phantom investors contact you presenting themselves as an agent representing someone who wants to invest in your company.  But first, you have to qualify.  In order to qualify, you have to pay for required documentation such as non-disclosure agreements, financial audits, etc.  After they've collected your payment for the documentation they disappear and you have no investor.


 

Protect your business: 

If someone wants to invest in your business meet them in person.  Don't go through a 3rd party.  Do you due diligence and check on their background and history.