Closed End Managed Buy/Sell Program Is A Scam
Question: Are closed end managed buy/sell programs legitimate? I've made introductions to parties claiming they can produce 30% gains per trade as the buyer is under contract to perform. I think it could be a scam.
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It is a scam of the type known as a pyramid scheme. The term buy/sell programs is a term often used by scam artists to try to impress investors into thinking they are putting money into a sophisticated hedge fund (many and possibly most hedge funds are scams in our opinion, but that's another matter entirely), where the fund can generate big returns without any risk of loss.
In fact, the risk-reward correlation is as absolute as the earth-gravity correlation: You just can't get away from it. You cannot have big returns without big risks. Nobody can promise 30% gains per trade without extraordinary risk. But this is just a pyramid scheme where old investors are being paid with new investors' money, but no traders are actually occurring. Like the Bernie Madoff scam, they are just making up statements showing trades out of thin air. Run!
Labels: bernie madoff, buy/sell program, dating scam, guaranteed investment, hyip, madoff, trading program
posted by Jay @ 5:21 AM
4 Comments:
To state that all managed buy/sell programs are scams or pyramid schemes is simply ignorant. Sure, Madoff hasn't done anything for the credibility of the world of actual private securities trading, where, guess what folks, enormous amounts of money are made-- legitimately--every day.
But then again, it's supposed to be private. It's never been and never will be for average folks. And the real traders don't need to work with arrogant investors ( assuming they HAVE $100M) who don't understand the first thing about what they do. The
successful investors in this field know it's a privilege, not a right, and feel fortunate indeed.
Re- fully managed Private Placement Programs (ppps
Ddamulira Charles
sebyoto@yahoo/com
On , Ddamulira charles wrote:
Dear sir/madam
I wish to introduce to you an investment
opportunity called Complete Managed Bank Guarantee Program or private placement investment programs.
The Bank Guarantees are issued from a multinational banking
and financial services company
headquartered in Europe and Asia. It is one of the oldest
and most trusted banking names in the world that was
founded several hundred years ago.
They operate in over 50 countries and territories
across Africa, Asia, Europe, North America and South America
and have over 50 million customers. Their total assets
exceed several Trillion Dollars, and they have been rated
one of the Top 5 Banks Worldwide.
They are listed on one of the most prominent Stock
Exchanges in the world and have a long established history
of quality and success in the Banking Industry
This is the most preferred profitable business you have
to invest in as it returns your investment in short term
and with high turns.
Programs are packaged as listed below.
$300,000 > New program. Fully subscribed. May
reopen. New program. Closed, but may re-open
$350,000 > Open
$500,000 > 0pen
$1,000,000 > New program. Short-term opportunity - Now unavailable - Replacement expected soon
$1,000,000 > Proven program.
€1,500,000 > Highly leveraged program for fundingprojects and/or building wealth.
$5,000,000 > 40-Week Platform Trade.
€5,000,000 > Monthly for 5 months, then
weekly $100,000,000 > Direct Bank Contract€100,000,000 > Standard Platform Trade, weekwith opportunity for bullets
• $500,000,000 > Direct Bank Buy/Sell
• $500,000,000 > Open
Please let me know which investment program packageyou
might be interested to participate in to send you more details.
Ddamulira Charles
sebyoto@yahoo.com
I think is scamm to. I am trader for 7 years in buy/sell. I never can tell to my investors that is 100% safe and secure. But I tell them that I will do my best not to loose. I trade most with high leverage that is not for US traders and and for this can take max 50% year with low risk but never without risk.
I think is scamm to. I am trader for 7 years in buy/sell. I never can tell to my investors that is 100% safe and secure. But I tell them that I will do my best not to loose. I trade most with high leverage that is not for US traders and and for this can take max 50% year with low risk but never without risk.
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