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What the latest trend of Scammers in Financial Industry ?

Most of the scammers are aware that the old school, principles of asking people KYC or NCNDA etc which includes their banking details and information, are not supportive to assist any one of them to grab a penny from the investors pocket…….

Now the latest sync which they have grabbed on is… to assist people on Mortgage loans and assist in forming SPV ( special purpose vehicle ) for assisting the borrowers to get loans even without bad credit history…

What normally happens is the borrowers who is searching loans online or seeking HNI connections for raising funds, falls in trap of these penny scammers, and end up giving thousand dollar funds in false dream of creating a offshore company to seek funding from HNIS ( as committed by the scammers ).

Once they end up paying a high fee, and when they don’t get any returns, there comes the eye opener… for the borrower who was seeking investments …

So choose wisely which route you need to raise funds for your goals..

All I can say is there are no short cuts in financial industry… specially in financial industry.



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