Source: www.fraudreview-iesc.com
Topic: HYIP Investment
Sort Desciption: are dressed to fit into high yield investment programs (HYIP). They will describe a. secret secondary market, known only to a very select few. ...
Content Inside: DEBUNKING THE PORTFOLIO OF A FRAUDSTER Fraudsters who sell bogus investment instruments frequently tell their clients, or better stated, their potential victims, that their money will be pooled with other privileged individuals. This pooled money will be invested in secret programs that is usually reserved for top financiers on Wall Street, or other high ranking individuals at other global financial centers. Very convincingly they will describe investments in notes, Prime Bank Notes as they have been called, bank guarantees, standby letters of credit, medium term notes (MTN’s) and bank debentures. All of these are dressed to fit into high yield investment programs (HYIP). They will describe a secret secondary market, known only to a very select few. As a matter of fact, this secondary market is so secret that perhaps even your own banker will not know of it, or if he does, he cannot admit that he has knowledge of its existence. There is usually a mystique enshrouding the investment. It will generate extremely high returns, perhaps, 150 to 200% per year and it will be “risk freeâ€. Although esoteric high-ranking individuals from all around the globe will be trading in these instruments offshore banks will make the actual trades. These trades will be made discretely and unannounced on a worldwide secret exchange. The United Nations will have endorsed these trades as will the International Chamber of Commerce, the World Bank, the Federal Reserve, the International Monetary Fund and even the FBI and the US Secret Service are involved with this clandestine operation. Now let’s briefly discuss each of these investment instruments. Prime Bank Notes First, above all, the Securities and Exchange Commission (SEC) in a bulletin warned: So-Called “Prime†Bank and Similar Financial Instruments has alerted investors to the recent rise in possibly fraudulent schemes involving the issuance, trading or use of so-called “prime†bank “prime†European b ...
debunking the portfolio of a fraudster