Based on the Laws which were enacted this year by Congress, 99% of the claims & representations posted on this website by "consultants", "brokers", "advisors", etc. is PURE FICTION. It is advised that everyone should apply a little common sense.
Under the new Rules and Regulatioins, there is only one (1) legal and legitimate way to achieve a proper closing on these high finance matters. But it takes someone who is licensed, trained, experienced; having the proper banking and investment banking relationships in both the banking & securities arena to structure the transaction properly. So ask the tough questions first. Begin with, are they licensed? When they say no, don't walk, RUN!
FOR YOUR INFORMATION, U.S. Banks do NOT participate in "Trade Platforms". Anyone who claims and represents they currently are trading here in the US and giving the types of returns posted on this website with under $100 million is NOT POSSIBLE unless you, as the investor, are willing to accept high risk investments such as penny stocks, options, puts, calls, futures, commodities, swaps, derivatives and junk bonds. They are spouting PURE FICTION. Those willing to throw away their money and take the risk based on the broker's "word', please feel free to take a gamble. After all, its your money. But as the saying says, "A fool and his money is soon parted!" At the very least, one should make an inquiry with the State's Attorney General Office, and the U.S. Attorney General's Office where the broker transact's it business about that "broker' before proceeding. Asking them if they ever closed a transaction where they got paid AT CLOSING (i.e. not front fees) will also open your eyes. Most are always "pending".
As for a little common sense, banks CANNOT loan money on collateral the borrower DOES NOT OWN. In other words, one CANNOT borrow money using "leased" collateral. Ask yourself, can one borrow money from the car they are leasing from Budget or Hertz? Or borrow money using the apartment (aka a "Flat" in Europe) one is leasing? The answer is, NO!!!
Once again, there will be those of you wanting & wishing to believe whatever these "brokers" or "consultants" are telling you is gospel. And there are exceptions. But 99% is PURE FICTION; preying on the innocence and dreams of those wishing to get rich quick.
Are these transactions possible? Yes. But ONLY IF the proper procedures, proper protocols, proper collateral, proper banking relations, proper investment banking relations; ALL exist and they hire someone who is properly licensed, possess the legal experience, can make the proper legal introductions, and have the know-how to correctly structure the these high finance transactions.
For those PRINCIPALS who are serious, our law firm specializes in these high finance transactions.