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Quick Note
TN, SC, NC and CA are the leaders in promissory
note
fraud. But it is spreading nation wide. Your promissory note has the value of toilet paper
and the Fund more than likely has not file with the SEC for a RED D
exemption. This is a scam. These types of investments are in direct
violation of the laws of both the SEC and the state you reside in. Report these scams to the FBI
- 305-944-9101, DOJ, CFTC - 202-418-5000
and SEC - 202 551-3500 and the
Division of Securities in the state you reside.
The Promissory
Note..... A.K.A.
Toilet paper
A Promissory Note IS a security and strictly
regulated by both the SEC and the Division of Securities where the
promissory note was issued as well as the state where the company
issuing the note is incorporated. Anyone that tells you differently
is lying to you. Call the SEC or the state division of securities
where you live. Even better do this as a 3 way call with the
scammer. Scams WONT deal with the SEC or state regulators. These
types of violations of the Securities Act are criminal and carry
long prison sentences as well as fines and the seizer of assets both
corporate and individual. A scammer will NEVER do a 3 way call with
a regulator. NEVER!
Forex Pools.....
Save
time, just give the money to your broker.
.
Regulated by the SEC if they cross state lines.
Forex pools MUST file with the SEC for an exemption from
registration IF the pool solicits across state lines from where the
company is incorporated. All states have very strict requirements
governing these types of investments. A legitimate Forex pool
will provide a disclosure document with required SEC and State
disclaimers. This document is on average 40 to
200 pages long.
Generally, non-accredited investors are
restricted from participation in these investments. Pools are
restricted by the SEC to a maximum aggregated dollars for that
investment. For example a REG D 506 exempt pool may only have a
maximum of 35 non-accredited investors and an unlimited number of
accredited investors.
Click here for the SEC definition
of an accredited investor.
A REG D 504 may have unlimited non-accredited investors but
is restricted to a maximum investment of all investors in the pool
of $1,000,000.
Both REG D 506 exempt pools and REG D 504 exempt
pools are Restricted and
Regulated by
both the SEC and THE STATE WHERE YOU
RESIDE.
In many states it is illegal to solicited a
non-accredited investor.....period. No exceptions.
Email your
comments to us:
Don't be a victim of Forex
fraud or commodity fraud.
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