The Dictionary of Financial Scam Terms©: The truth vs. the scam

 

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 You are here: Home > Dictionary > Group of Ten, G-10 

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Group of Ten, G-10)

Truth:

The Group of Ten is made up of eleven industrial countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States) which consult and co-operate on economic, monetary and financial matters.  Brought to you by the Bank for International Settlements (BIS), Group of Ten.

Scam:

HIGH-YIELD INVESTMENT PROGRAM scammers will occasionally boast that the TRADER is a member of the Group of Ten.  At best, this only means that he is a native of one of the member countries.

 

 

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