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Hello Community,
recently, I've learned about a concept called "Private Placement Program" or PPP for short.
I totally understand that there are scammers out there. I understand that you can buy stocks before IPO. You can also purchase shares of a company that is not publicly traded, like investing in a strart up. That would fit the idea of "private placement". While you can expect an asymmetric ROI, there is nothing new or special about these investment opportunities. A share can both grow and crash after an IPO. A startup could also fail and you lose the investment.
However, the presumed scam offers that I found on the web claim that if you have a substantial amount like 10M, 20M, 50M, you can present this money to a "trader" who will block it as some kind of a guarantee (terms such as "Standby Letters of Credit", SBLC, MT799 are mentioned in this context) for a "trade" and this will yield a ridiculous 25% return rate per day for a limited amount of time. In 5 days one could double the "investment" amount this way.
The claim is that this rate of return is almost 100% safe because it involves bonds and bank instruments, and the profit money comes from the fees the banks pay while processing huge transactions. The story may vary as to where the big gains comes from, but the idea is the same: these are financial instruments that are only available to customers with large fortunes and are therefore not advertised on a large scale and thus invisible to the public.
My question now would be what is behind this idea: Are there really particularly lucrative ways to multiply your money safely and quickly if you have 7-8-figure sums at your disposal?
recently, I've learned about a concept called "Private Placement Program" or PPP for short.
I totally understand that there are scammers out there. I understand that you can buy stocks before IPO. You can also purchase shares of a company that is not publicly traded, like investing in a strart up. That would fit the idea of "private placement". While you can expect an asymmetric ROI, there is nothing new or special about these investment opportunities. A share can both grow and crash after an IPO. A startup could also fail and you lose the investment.
However, the presumed scam offers that I found on the web claim that if you have a substantial amount like 10M, 20M, 50M, you can present this money to a "trader" who will block it as some kind of a guarantee (terms such as "Standby Letters of Credit", SBLC, MT799 are mentioned in this context) for a "trade" and this will yield a ridiculous 25% return rate per day for a limited amount of time. In 5 days one could double the "investment" amount this way.
The claim is that this rate of return is almost 100% safe because it involves bonds and bank instruments, and the profit money comes from the fees the banks pay while processing huge transactions. The story may vary as to where the big gains comes from, but the idea is the same: these are financial instruments that are only available to customers with large fortunes and are therefore not advertised on a large scale and thus invisible to the public.
My question now would be what is behind this idea: Are there really particularly lucrative ways to multiply your money safely and quickly if you have 7-8-figure sums at your disposal?
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