This page focuses on alerting you to the ubiquitous scams, schemes and financial traps which are intended to separate you from your assets. Are you looking for a "quick buck" -- trying to get something for nothing -- seeking extraordinary returns on your investment money? Whether it be for retirement or so Mom could stay home with the kids. Looking back hindsight being 20/20 it now seems unrealistic that we could receive returns like the ones that were promised." Posted after the failure of a Grenada bank.
The reason we all invested with FIBG was that we wanted a better lifestyle.
People who fall for these schemes almost deserve to lose their money because they are inherently lazy and greedy.
The thought of working hard to make money so repulses them that they chuck their money at the first con man who comes along promising to make them wealthy.
This is the scam, but you'd have to be a REAL sucker to think that some bank was going to give you a loan for 0 million.
Unfortunately, there apparently a few of these suckers around, paying their application fee for the loan and then sitting around sometimes for years waiting for the loan to fund.
We repeat that All you have to have is a viable project for which the fall-out from the loan will be used. Can I do a Self-Liquidating Loan locally; In my own home town?This is just flat out criminal "advance fee" fraud and you should contact your local law enforcement authorities immediately.But what many of these people are after is merely the cost of the book, but they want that cost from as many people as will pay it to them.There are entirely legal concepts and structures that can be used to have access to investments not available in the U. To a limited extent, there are some offshore concepts that also offer tax deferral or tax exemption.The Offshore Journal ([email protected]) is a news digest of what's happening in the offshore community, which includes news about scams, new laws, the people in the offshore business, information resources such as web sites or other ezine publications and our views about various offshore concepts.