Fraud victim advocacy, fraud recoginition and prevention education, and law enforcement support

fraud recognition & prevention education, fraud victim advocacy, law enforcement support

Fraud recognition & prevention education, fraud victim advocacy, law enforcement support

                    

Silence is fraud's best friend.  Word of mouth is fraud's worst enemy.  Pass the word!TM

 

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Fraud Secrets:

A Backstage Tour

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Why con artists scam

Profile of a con artist

What con artists look for

How con artists set up their victims

What a con artist won't tell you

What a con artist will tell you

Have I been scammed?

12 excuses for not returning your money

How do I find my money?

Where did my money go?

If you lost your funds in an investment scam, speak to your accountant about a theft deduction.

 

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Discount:

 

: The discount of a financial instrument is an amount less than the full value of that instrument at maturity.

 

Different financial instruments may be discounted by different percentages determined by a wide range of variables and circumstances.

 

: Fraudsters use the term discount is to persuade a potential investor that a financial instrument such as a LETTER OF CREDIT can be purchased from one bank, then taken to another bank where it will be 'discounted', i.e. held at the second bank while a portion of the value of the instrument is used for HIGH-YIELD INVESTMENT.   Scenarios may differ slightly, but this is the basic scheme.

 

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