Check Scams, Debt Collection scams and other financial scams.
#428031 by Carlabanker Tue Sep 07, 2021 8:40 am
Scammer and time waster with a fanciful financial opportunity.

MT799 Block funds PPP offered by a well established platform in Geneva

▪️100 Million minimum
▪️10 Day bullet trade 200%
▪️30 Day bullet 600%
▪️Facilitators allocated 10%
▪️No Risk to funds
▪️Banking Instruments monetisation 200%

For further details contact

[email protected]

Wealthfinance.co.uk
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#428895 by Carlabanker Sun Nov 07, 2021 9:22 am
More details of the Scammer on his website:

Private Placement Program is geared towards the corporate/ high net worth clients; it involves buying and selling prime bank notes in Europe and Asia.

Private Placement Platforms only trade prime bank notes such as Medium Term Note (MTN) by arbitrage. Which means is that Private Placement Program traders only buy notes when they have a buyer at a higher price every trade has a net positive gain due to the “controlled trading” practices. There is zero risk to the Private Placement Platform traders, zero risk to the bank, and zero risk to the investor.

During the Private Placement activity the investor’s capital stays in their own bank account at all times. The investor’s funds are never traded, never accessed, never touched in any way. Thus there is nearly zero risk to the investor’s bank account capital.

Instead clients deliver an administrative hold and the funds must be provided by the client’s Bank via MT799/MT760 Blocked Funds to the trader’s Bank.

TRADE PLATFORM - TOP 25 BANKS

ENTRY REQUIREMENTS: HIGH YEILD TRADE
The participation amount for this program is 25M – 5B $/euros/£
Cash OR Bank instrument
Bank Guarantee (BG), Stand by Letter of Credit (SBLC), Medium Term Note (MTN), Bank Draft (BD), is the only accepted basis for this program.
Funds must be located in any top bank and you must be able to send MT799 followed by MT760 for the invested amount
Individual or corporate entries are accepted.

MONETIZATION FOR BANKING INSTRUMENT
The Client will send copies of original bank instrument and also an ATV to verify on Bank to Bank basis. Expected LTV: Approximately 70%

EUROCLEAR PROCEDURE:
Euroclear execution certificate from the owner confirming that they are ready willing and able to reassign the Banking Instrument on EuroClear in favour of the monetizer.
All cost incurred on transferring this ownership has to borne by the existing owner.
After execution of the Banking Instrument monetization contract by both.
Parties the Client will instruct his bank to assign the Banking Instrument using FREE Euroclear Delivery to the bank coordinates provided by the monetizer.
The Clients Banker shall immediately email a certified Euroclear execution receipt of the Banking Instrument delivery to the monetizer.
Upon receipt and confirmation of the Euroclear assignment and delivery, the Banking Instrument monetizer will within maximum three (3) banking days grant a Non-Recourse Loan for the LTV as agreed from its nominated bank to the Client.
The monetizer agrees to return the Banking Instrument unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.
SWIFT PROCEDURE:
After execution of the Banking Instrument monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the monetizer.
The monetizers bank on receipt of the SWIFT MT799 from the clients’ bank will reply with a SWIFT MT799.
On receipt of the monetizers bank SWIFT MT799 the Clients bank will deliver the Banking Instrument by SWIFT MT760 to the monetizer’s bank.
Upon receipt, confirmation and delivery of the SWIFT MT760 the Banking Instrument monetizer will within maximum four (4) banking days grant a Non-Recourse Loan for the LTV as agreed from its nominated bank to the Client.
The Banking Instrument monetizer agrees to return the Banking Instrument unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.
RETURNS
After the Client’s participation amount is leveraged, the indicated historical net return to the Client will be as follows

HIGH YEILD TRADE 100M +
Expected LTV: Approximately 80%
7 Day Bullet trade paying 300% following an expected returns 50% of LTV a week
Duration: 40 weeks
Payments: weekly
PAYMENT SCHEDULE
After the initial program setup period of approximately 30 banking days, pay-outs are made weekly for the duration of the program
50% of the agreed LTV per week for 40 weeks
Pay-outs are deposited to the Client’s account of choice
HOW TO START THE PROCESS
Completion of the KYC for trading platforms is required [Blank KYC form available on request]
The program manager performs a compliance review
Upon successful completion of the compliance review the program manager will reply with their Trade agreement.
A call if desired is scheduled between the Client and the program manager to discuss any questions the Client may have about the program.
The Client and the program manager will sign both execute the Trade agreement
Funding Placement Agreement (PFPA) is sent to the client that specifies the transaction process, distributions of earnings, and handling of expenses.
With that in place you will receive Trade Service Agreement detailing and repeating the terms discussed
When full due-diligence is done and the fund owner is accepted, he will receive a Second pre-completed Application form (LOI).
TIMEFRAME
Approximately 10 Days.

If you have any specific questions, please feel free to ask.

WEALTH FINANCE LTD
45 FITZROY STREET
LONDON W1T 6EB

TEL +44 204 529 2614

DIRECTOR GARY MCFARLANE
TEL + 44 7967 438 180

EMAIL: [email protected]
#428929 by AlanJones Wed Nov 10, 2021 2:11 pm
For anyone who is confused about the legitimacy of dumb scammer "Gary McFarlane" and believes his lies, here are a few facts about this useless scammer.

1. The financial instruments and services that this dumb scammer claims to offer and the terminology he uses are only used by scammers trying to steal advance fees from their victims. This is a well known scam that the FBI have recently highlighted.
2. His claimed address "45 FITZROY STREET LONDON W1T 6EB" belongs to a virtual office company, who offer short term offices to companies wanting to give the impression of having a location in London. Not something that a legitiamte company based in the UK would be using for its main/registered offices.
3. The WhoIs for the fake website wealthfinance.co.uk shows that NOMINET were unable to verify that "Wealth Finance Limited" are at the address used for the registration.
4. The UK company registration for the sham company that this scammer has registered claims that the company is a "Bank", yet it was formed with only £1 of capital and just a sole director.
5. There is no registration for either "Gary McFarlane" or "Wealth Finance Limited" with the UK financial regulatiors.

Please do not tell scammers that they are listed here - it will take them seconds to change their fake details and their new details will not be listed for any future victims to find.

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