“Whoever controls the volume of money in any country is absolute master of all industry and commerce. And when we realize that the entire system is very easily controlled, one way or another, by a few very powerful men at the top, you will not have to be told how periods of inflation and depression originate.” U.S. President James Garfield. A few weeks after making this statement, he was assassinated on July 12, 1881. The fraudsters market these schemes to investors in a number of ways, often describing overly complex and nonsensical transactions. Specifically, the fraudsters have been known to use some or all of the following false claims or descriptions in an attempt to enhance the credibility of the scam: The Federal Reserve controls the issuance and distribution of the Medium-Term Notes or High Yield Investments offered—often as a means of controlling the monetary supply, or to enhance the economy of the United States. The Federal Reserve issues the investments in a highly secretive and confidential manner, known to a select few only, and the scammer is one of the few who can access the program. For example, the scammer will claim that the trading of financial instruments takes place on such a secret market that the investor’s banker or investment adviser will not know about the investment opportunity because only a few special people around the world are aware of it or participate in the secret trading. Often the investor is told that since he/she is being allowed to participate in a secret trading program, if he/she reveals any information about the program, the investors participation will be terminated. The Federal Reserve uses this system to fund humanitarian/infrastructure or religious projects, with 50-80% of profits supposed to go to those projects (often claiming that the Federal Reserve has to approve the humanitarian project). The remaining percentage of profits can be retained by the investor as return on investment. Most of the programs purport to involve a well-known bank, which the fraudster claims has already lined up a purchaser that will guarantee the investor a significant profit. The fraudulent investment programs often claim to have no risk because the program is guaranteed by that bank, providing the investor with the ability to sell the financial instrument at a pre-set buy-back price, locking in a profit. Promises of extremely high, unrealistic rates of return with little or no risk. The contracts usually reference huge amounts, often in billions, even up to $1 trillion in annual contracts. False claims have stated that $100 million will produce $1 billion in profits in 1 year without risk to principal (riskless principal transactions). High rates of return are generated by repeatedly trading (or buying and selling) financial instruments in cycles (often over a 40-week period, or a 1-year period). The fraudulent investment programs may include automatic renewals (often called rolls and extensions for similar contract amounts). This automatic renewal feature provides the fraudster with a plausible excuse for why he/she cannot return the investor’s funds. Claims that the investors funds are absolutely safe and cannot be lost—for example, that a bank has issued a guarantee as described above, or an attorney is holding the funds in a special escrow fund or a trade settlement account that cannot be touched (often guaranteed to be of non-depletion status). Claims that the cash does not move from the investor’s principal account, and that profits can be paid anywhere in the world, often outside the United States in so-called tax secrecy havens. References to financial instruments issued by prime banks, top 100 world banks, top 25 major banks of the world or top 25 European banks, and similar references to categories or groups of banks that are not used in the banking industry. Terms that have no meaning in legitimate financial transactions—for example, conditional SWIFT, key tested telex, pay order, funds of good, clean, clear and non-criminal origin, master commitment, one year and one day, and commitment holder. References to a trader’s computer screens—often with the claim that the color of the screen has something to do with the validity of the investment program. https://youtube/watch?v=BMwcXmtvQAM =========================================================== #muslim #islamic #islam #religion #faith #faithful #faithfulness #peace #believer #alquran #quran #hadith #reminder #advice #adviceoftheday #quote #quotesonlife #quoteoftheday #torah #bible #oldtestament #christianity #judaic #judaism #gospel #pray #believe #prayer #prophetmuhammad #prophet
Posted on: Thu, 16 Oct 2014 02:26:06 +0000
Trending Topics
Recently Viewed Topics
© 2015