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Moved Operations of Secure Platform Funding

Due to trouble with the Nevis Financial Services Regulatory Commission, Secure Platform Funding has moved operations to Marshal Islands.

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Moved Operations of Secure Platform Funding

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  1. Is SecurePlatformFunding.com A Scam Loan Funding On The Rise?

  2. Some evidence has come to light pointing towards the possibility of a  fraudulent scheme in the financial industry, in the case of Mr. Bruce  Green and Secure Platform Funding. • This, some material suggests, may be an advanced fee scheme. • In recent years, we have seen an increase in white collar crime,  specifically in investment fraud toward loan funding schemes.

  3. Time and  time again, there have been two basic schemes: the advanced fee scheme  and the escrow-based scheme. • A common example for an escrow-based scheme  is the well-known and documented case of iVest International Holdings, Inc., which ended with a guilty verdict and a six-year sentence for its CEO, Mr. Graulich. • An advanced fee scheme, which may be the model under which Secure  Platform Funding operates, produces smaller losses than an escrow  account scheme, but can produce the same losses for its victims.

  4. In the  case of Secure Platform Funding, the company charges an advanced service  fee for arranging third party loan funding. • In one case, Mr. Green  allegedly claimed to represent the Bank of Bahrain and further claimed  to be involved with other institutions, to defraud a victim of $50,000  relating to a promised $10M loan and other banks instruments.

  5. To establish this persona, Mr. Green allegedly produced various  documents such as bond transfers, letters of credit, and SWIFT MT760  that he claimed to have been involved with. • Then, Mr. Green supposedly  persuaded his victim to initiate a $50,000 deposit into an escrow  account held by a registered attorney in Geneva, Switzerland. Yet the catch was that there was no loan.

  6. The $50,000 in escrow never  made it back to the victim. When asked to provide a contact person at  the Bank of Bahrain willing to corroborate his position at the bank, or  any other central bank, Mr. Green declined. • Every financial institution  in the world has a compliance department catering solely to the demands  based upon them by FinCEN’s FATF initiatives.

  7. A request with FINRA did  not produce any records of Mr. Green’s involvement in the financial  industry. • For a full list of documentation and further details, visit: https://www.scamguard.com/secure-platfrom-funding Fraudulent investment scams like the case described above are  currently under investigation by the FBI. • For a more detailed list of  investment schemes and contact details please refer to the FBI Honolulu Field Office.

  8. Mr. Green is currently operating through Secure Platform Funding, and  is involved in multiple operations mostly listed in Nevis. • Due to  trouble with the Nevis Financial Services Regulatory Commission, Secure  Platform Funding has moved operations to Marshal Islands. • This move was  declared after allegations surfaced around the company’s fraudulent  history.

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