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Private Placement Program Scams

Friday, October 31, 2014 11:43

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After so many years in the financial industry, I have seen my shares of scams, but this one tends to bring down many “smart investors”. No, greed is NOT good!

This is what con artist will tell you about Private Placement Programs ;

Why have many investors never hear of this Private Placement Program before?

From 1933 to April 5, 2012 SEC regulations did not allow advertising of Private Placement. During that period, participation was by “invitation only” or through a referral introduction. (A pure lie)

Private Placement Platform program was created over sixty years ago to rebuild Europe the third world nations after WW II, thus the reason for such a high rate of return being allowed. Today, much of the profits realized by the Private Placement Program benefit good-will projects. The investor however, is free to use the profits as they desire. (Another pure lie)

Private Placement simply involves buying and selling prime bank notes in Europe and Asia. At any given time some European and Asian banks must liquidate bank notes and will sell their notes at a discount. There is zero risk to the Private Placement Platform traders, zero risk to the bank, and zero risk to the investor.

(A huge lie)

During the Private Placement activity the investor’s capital stays in their own bank account at all times. The investor’s funds are never traded, never accessed, never touched in any way. It is not used as a guarantee or reserve. Thus there is zero risk to the investor’s bank account capital. The only purpose for the investor’s bank deposit is to satisfy bank regulations and permit the “controlled trades” to take place.

(Now, that’s how you get fooled into it)

1) You need a good story

2) The return must be HUGE (Weekly yields)

3) No risk what so ever !!!!

So where is the trick ?

The so called trader who pretends to give you the huge weekly yield, will send you the results every week, until you eventually decide to cash in.

After a few months of thinking that you made over 400%, you would say to yourself, time to take some profits, right?

Wrong, you first have to pay the trader (and the people who set up the program)

And they will remind you to first pay up to collect your proceeds !

What’s 400, 000 $USD or 600,000 $USD to pay when you stand to collect 100 M $USD ?

Like the Gold dust scam, the Nigerian 419 letters, D2 Diesel contracts, etc … When its to good to be true, it must be a scam !

If you have any questions, feel free to ask

Source: http://gicharts.blogspot.com/2014/10/private-placement-program-scams.html

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