(With the Secret to Real Leasing
(Also a New Book: Lawyers’ Guide: Advising Clients on Bank Instruments Leasing)
Last Updated: November 20, 2013
Warning to my clients: If you receive any investments related in any manner to Joe Tufo, please Pass. Do not waste your time or money by calling me.
Private Securities Trading. Many years ago (the early 80’s) I was introduced to private securities trading in a dinner conversation at the Ikoyi Country Club in Lagos Nigeria with a Swiss banker I was working with when I was representing the Union Bank of Switzerland in a dispute with the Nigerian Central Bank. This was a dinner that changed my life and law practice. He opened up about something I never heard of…private securities trading.
A few weeks later when I finished my work in Nigeria, I met him at the Bank’s headquarters in Zurich and learned even more on the subject. He introduced me to a trader who was actually in this trading business had been a private securities trader and advisor to a Mid-East royal family for over 25 years at that time (He has since retired and handed the account over to another trader whom I have known for nearly 20 years). Since that night in Lagos I have been involved in private securities trading, a field of law that I did not know existed until our chance discussion over dinner in the Ikoyi Club in Lagos Nigeria.
Bank Instrument Leasing. Then in the late eighties I was introduced to the idea of “leasing” a bank instrument (a bank guarantee in this case) as collateral for a loan to be used as an investment in a private securities trading program. I had never heard of the concept until then (though I subsequently learned that it had been around in various forms.) I was retained to complete the “work up” of the concept and set up the documentation to get it done. I had to negotiate with the applicant, the issuing bank, the lender, the trading entity, and each of their lawyers to achieve the needs of my client, the borrower and investor. Everyone had to make money with acceptable risk. After extensive negotiations the project worked.
The concept was later applied for financing of projects other than funding for trading programs. The next case was the financing of a hotel resort in the Caribbean. A leased standby letter of credit was to be used to finance the construction of the resort. This was also a complex negotiations, as my client (the borrower) had to arrange a take-out, a completion bond, and an international resort operator.
At the same time that I was representing my clients in this area of financing, an unworkable short-cut version of the leased bank instrument financing model was being used by many many fraudsters. They found it rather easy to entice people seeking funding into paying various types of up-front fees to get involved in this short-form “miracle”. And that is where we are today...much fraud and less real transactions. This site should show you how to find out the difference, either through reading or by employment of experienced legal counsel. The site should also lead you to the secret of completing real bank instrument leasing funded projects.
TABLE OF CONTENTS
5. Do you want to buy the book
Guide: Advising Clients on Bank Instruments Leasing”?
6. Do you want to learn more about the book Lawyers’ Guide: Advising Clients on
Bank Instruments Leasing”?]
ANALYSIS OF BANK INSTRUMENT LEASING TRANSACTIONS AND TRADING PROGRAMS
· Representation on New Transactions. Do NOT enter one of these transactions without (1) fully understanding the content of this article AND book and/or (2) being represented by experienced counsel! This is not met to be a self-serving statement; it is the absolute truth! I represent clients on new transactions who are entering into either leasing or monetization transactions or trading programs. I have never had a client lose money in one of these transactions. To review, analyze, perform initial due diligence, and make extensive comments and recommendations on a leasing and monetization (or a trading) transaction, my minimum retainer is $2,000 (This is the total fee in 99% of the cases).
· PLEASE NOTE: I DO NOT PROVIDE SOURCES FOR THE LEASING OF BANK
INSTRUMENTS OR THE MONETIZATION OF SUCH INSTRUMENTS. PLEASE DO NOT ASK! I AM NOT A BROKER. I AM A LAWYER WHO ADVISES ON THESE TRANSACTIONS
· It takes about 48 hours to make the required
analysis. The essence of the viability
of these transactions can only be determined by reviewing the
documents and NOT what the broker tells you.
Consequently, I will not discuss on the telephone what a broker has told
you. It has no relevance whatsoever! I need to see the documentation of the
transaction or determine what documentation is still not delivered to you. For some reason, people do not understand
this fact and still call me to discuss “broker talk” on the phone and when I
refuse they sometimes become a little indignant. Sorry!
But I cannot waste time on this non-sense.
· I suggest you read the book Lawyers’ Guide: Advising Clients on Bank Instruments Leasing (see below)
BRUTAL TRUTH! If a potential Lessee of an instrument cannot pay $2,000 to protect himself in a world of great fraud, then, (a) he does not have the intellectual capability to be in this business and/or (b) he does not have the capital required for success and by all logic and experience will lose his money. He should immediately withdraw from this endeavor.
Call or Text: 310.592.6294
RECOVERY OF FUNDS LOST IN FRAUDULENT BANK INSTRUMENT LEASING AND PROGRAM TRADING TRANSACTIONS (See ‘Update” below on latest successes.)
AMAZING FACT: For some strange reason most victims of fraud walk away from losses from One Hundred Thousand to One Million. This is particularly “amazing” WHEN THERE IS AN EFFECTIVE WAY OF RECOVERY.
It is even more AMAZING that
the victims do nothing to get their money back when there is a tax deduction
that (i) reduces the cost of recovery and (ii) is a separate back-up alternate
recovery mechanism to the recovery efforts described below.
First, there is the tax
deduction of legal fees that applies to the $25,000 recovery fee retainer; and
(2) Second, this is even more amazing if the “Put the Bastards in Prison Method” (infra) does not result in full recovery, there is an alternate recovery method in the form of a tax deduction against ordinary income for recovery of theft losses (see below).
In my experience of over 20 years representing clients in the HYIP securities trading (sometimes called “platform trading”), and the bank instrument leasing and monetizing businesses, many fraud victims have lost thousands and millions of dollars and decide to not do anything serious to get it back. They walk away from Two-Hundred and Fifty Thousand Dollars! They walk away from One Million Dollars or more! I will say it again: They walk away from $1,000,000 or more! They wire $250,000 or $1,000,000 to a fraudster they do not know, but are unwilling to pay $25,000 to try and get it back. It defies all logic and common sense.
What does this tell you about the fraudster? It tells you that few victims will go after the fraudster. The fraudster has both a license to steal and a stay out of jail card, and the victim issues the card. Amazing! And the corollary of this conclusion is that this is why there are so many fraudsters in this field…because it is easy to get away with it. Is that nice to hear? So if you don’t have a conscience, you could make millions being a fraudster with little or no risk. Read on! This is a primer on how to be a successful fraudster, as well as how to avoid being defrauded and how to get your money back if you are defrauded.
The damage to the victims is devastating. Let me tell you, these victims are broken...sometimes beyond repair. They often have lost their life savings, lost their marriage and family, lost their businesses, and worst of all, lost their health. The loss from the crimes of these fraudsters in bank leasing transactions is very personal and the cut is way deeper than anyone who has not gone through it can imagine. Yet few victims do much about it. A not uncommon story is one victim I know paid a London fraudster $3 million, got nothing back except he lost his family, their home, and alcohol abuse makes him unemployable.
As an example to my fellow lawyer, following is the nature of my practice with regard to leasing of bank instruments and their monetization:
Recovery of Money Lost in Instrument Leasing Transactions and Fraudulent Trading Programs. I use my own strategic plan (See infra.) to recover funds of clients who have lost money on “bank instrument leasing transactions” and the attempt to monetize the instruments. I charge a minimum retainer of $25,000 plus 10% of the amount recovered (My profit comes in the 10%; the $25,000 covers expenses and overheads.). You don’t have to, but I allow payment terms on the $25,000 retainer. [There is no charge for the alternate recovery using the tax deduction method where the client has paid the initial $25,000 fee for the preparation of the evidentiary package for use in the non-tax deduction method of recovery.] My method of recovery is discussed below in a quick overview and I call it:
“PUT THE BASTARDS IN PRISON METHOD”
I prepare an evidentiary criminal prosecution package which contains all the evidence in proper trial ready legal form against the fraudster. I want this guy to start a long prison term…or try and stop the prosecution by paying back his victim or on his conviction have the criminal court order restitution. Fraudsters who have defrauded my clients have been or are imprisoned in the United States and in Europe.
The Co-Conspirator Helpers. When you are looking at the fraudster also look at those who may have conspired with them by providing a “piece of the puzzle” to commit the crime; e.g. lawyers and their trust accounts, escrow companies who go outside the terms of the escrow, investment adviser who do not follow the law or are not properly licensed, people who share office space and help out from time to time, wives who cover the phones, associates in closely connected business, investors who back the fraudsters etc. They can also be potential witnesses against the fraudster, which helps build the case you present to the authorities (If they think they are being brought into the case, they much prefer to be a witness.). After you put the fraudster in jail, you can go after some of these co-conspirator helpers in civil court because these co-conspirator helpers often times have insurance or bonding (Be careful of statute of limitations issues here.)
In fairness, I want the fraudster to see the
evidence that is going to put him in prison for a long term; I do the following
with the evidentiary prosecution package:
the evidentiary prosecution package to the defendant fraudster so he can add
acceptable evidence to it or make any truthful corrections that he wishes, and
(2) I endeavor with great persistence to persuade law enforcement to prosecute these fraudsters and in the process the prosecutors usually obtain an order of the court to “block funds” and/or for an order of restitution of the client’s funds.
must be wondering….Why do you have to have a prosecution evidence package? Why can’t you just walk into the F.B.I. and
file a complaint? First, you can. However, that is a good question, and the
answer is that since 9-11 it appears that the F.B.I. has been inundated with homeland security
matters and unless the client’s loss is three or four hundred million dollars or
more, it is difficult to get them to move on an investment loss case.
Consequently, though one may take the case to the F.B.I. in the United States,
one may have more success by taking the matter to the State attorney general or
the local District Attorney. The professionally prepared “prosecution evidence
package” is there to help solve this problem by substantially reducing the
investigation requirements as the evidence and road map of the case is laid out
on their desks. And for State and local law enforcement authorities the
prosecution evidence package is there to help them understand the complexities
of a crime they often times normally do not see. Local authorities often like to protect their
citizens against these fraudsters. If you are a lawyer and wish to discuss this
with me, please give me a call.
I have found through years of observation and practice that civil suits (except against insurance and bond companies) often only enrich attorneys and seldom (i) work as they take many years with huge legal fees (e.g. five times the amount that I charge) and (ii) the client’s funds are seldom actually collected. (NOTE: From lack of experience in this specific field, most attorneys who take these CIVIL cases often innocently do not know that they are usually pursing a fruitless path.)
IMPORTANT NOTE TO LAWYER: What I have experienced in my many years of doing this legal work is this: If over the years you put enough of these fraudsters in prison, and they find out that you are very good at doing this (You tell them with your own statistics.), when they hear that you represent one of their victims, within a few days you will often get a call seeking to pay back the victim. They don’t like the “feeling of certainty” of going to prison for a long time. You see, up to this time, no one has really been after them. They have just been fending off their victims by a myriad of excuses that seem to go on and on. For the first time they are really threatened. Now they are being chased and they do not like it.
Throw Good Money After Bad?
through the Tax Deduction)
When considering whether or not to pay the legal fee recovery retainer of $25,000, there is often the question of should the victim “throw good money after bad”? Here are 4 reasons to pay the retainer:
One. The victim can deduct attorney's fees paid
for trying to produce or collect taxable income, or to help in determining,
collecting or getting a refund of any tax.
The $25,000 is a tax deduction in the year it is paid. This means the victim receives an immediate
tax deduction, which reduces its income taxes. The value of this deduction
depends on the State where the victim files its return. For example in California the value for high
income victims is approximately $12,500 against Federal and State income
taxes. Thus, in this example, to pay the
legal fee retainer of $25,000 and begin collection efforts on the amount lost
by the victim through the fraud, the legal fee recovery cost is reduced to
Two. By paying the legal fee recovery retainer,
the victim takes the action to recover all or a partial sum of the lost
investment by preparing and presenting the evidentiary package (called
“evidentiary package”) to law enforcement authorities to put the fraudster in
prison with the idea of the court ordering restitution. If the recovery effort
is not successful, then the payment of
the $25,000 (without additional legal fees) results in having available the
documents necessary for seeking recovery as a theft loss tax deduction under
the Internal Revenue Code (See Reason Three, below)
Three. Invariably in most cases the preparation of
the “evidentiary package” is a substantial part of the supporting documentation
required by the Internal Revenue
Service to sustain a filing of an IRC 165(c) (2)
theft loss deduction.
The Victim may be
eligible to take advantage of this provision of the United States Tax Code
(law) and recoup 30% to 40% of its losses under Internal Revenue Code Section
165 (c) (2) treatment. In essence, the
documentation required for this “theft loss deduction” includes the same
documentation required in the “evidentiary package” to seek the prosecution of
the fraudster. Under the provision
of the Code, victims of theft by fraud can convert their losses into
"ordinary" losses and offset them against prior, current and
future ordinary taxable income,
with the effect of reducing the taxes paid in those years, and receiving a
refund with interest (Theft losses that
exceed a taxpayer’s gross income give rise to net operating losses that can be
carried back three years or forward for 20 years). In addition, in the wake of the Madoff fraud,
the Internal Revenue Service has provided “safe harbor” procedures for
taxpayers who sustained investment losses discovered to be criminally
fraudulent and agree to certain
terms. In filing the victim’s tax
return, the victim’s tax advisor should implement these deductions against the
victim’s income to recoup a substantial amount of the victim’s loss from which
the balance of the initial recovery legal fee could be reimbursed to itself
(i.e. the remaining $12,500 of the original $25,000).
4. Reason Four. The funds recovered as a result of the IRC 165 (c) (2) treatment are not subject to the 10% contingency attorney recovery fee agreement. In essence, the attorney to whom the victim pays the $25,000 does not receive 10% (or any percentage) of the funds recovered due to the use of the IRC 165 (c) (2) treatment. There are no additional legal fees for the utilization of the “evidentiary package” in the tax loss deduction treatment. There, of course, will most likely be accountant fees for preparing the tax theft loss deduction, as it is part of the income tax return of the victim.
LAST PRACTICE POINT: Always allow these victims to call you without charge to discuss their cases. Most of them are usually either (i) bashful, (ii) out of hope, (iii) feeling pretty foolish about losing so much money, or (iv) all of the above. Many are just happy to have the chance to talk with someone with some knowledge who can help them understand their remedies, good or bad.
THIS SITE IS RESPONSIBLE FOR THE APPROXIMATE RECOVERY
AND/OR THE SAVINGS FROM FRAUD OF MORE THAN $85 MILLION.
ALSO, THERE ARE NINE INMATES SERVING PRISON TIME BECAUSE THEY DEFRAUDED OUR CLIENTS.
UPDATE: We just got information that there will be
major felony charges filed out of Florida on a case that we have been pursuing
for over a year. This fraudster is going
WARNING! BE AWARE THAT A STATUTE OF LIMITATIONS IS RUNNING ON YOUR CLIENT’S MATTER AND YOU MUST ACT TO PROTECT THIS CLAIM, OR IT WILL BE LOST FOREVER! THIS IS SERIOUS BUSINESS!!!
INSTRUMENT LEASING COMPANIES; LIKE “PRIVATE EQUITY” OPERATIONS
A company that leases instruments is a kin of the Private Equity type company. The Private Equity firm looks for companies that are in need of “turn-around help and financing”. The instrument leasing form of the Private Equity firm is looking for projects that need completion money or the last link to the financing plan for the project. And like Private Equity companies, the leasing company version extracts a strong price for providing its services. I was first introduced to this area of financing by two brothers in the motion picture business in Los Angeles. There mode of operations was to provide the last part of the financing for a film (e.g. post production costs or prints and advertising). The producers would raise $80 million from other sources and needed post production costs, and when approached by the producers the brothers would guarantee the post-production costs of $4 million. For providing this last piece of the financing, they would take (a) a large producer’s fee, (b) a high percentage of the profits of the film, (c) their investment returned in first position ahead of all other investors, (d) the right to sell a territory for the exhibition of the film and (e) a screen credit as the producers and presenters of the film. They would sell off the territory and get the money to pay the $4 million post production cost commitments and thus have the deal cost them nothing. These men were “bottom feeders” but provided a much needed service for producers who are stuck in getting the final piece of the financing puzzle in place. [Interesting to note, that they won several Oscars for their “work”] It is this type of business thinking and model that the bank instrument leasing companies operate. They provide either a guarantee or the collateral for the financing or a part of the financing of a project. The participation and risks of the lessor are negotiated so as to reduce the risk to as little as possible, and most of the time there are no substantial risks for providing the leasing function.
The leveraging of funds is extremely advantageous to the lessor, and the profits are more than satisfactory. The investment can be rolled over and over by replacing the lessor’s commitment with third party commitments. I have represented investors as well as brokers who obtained funders for their leasing company.
Brokers are the most common clients in setting up these companies. Most of the instruments leasing companies that I have set up have been for brokers who found a person with the financial ability to back a leasing company. I usually set it up for the brokers as their company so that if the financial backer wants out of the company to use his money on something else, they can replace him with another financing source. I have seen brokers make millions of dollars without issues of civil or criminal liability, because the documents provide the necessary legal shield. I have set up several of these private equity bank instrument leasing companies around the world and many of them are making millions of dollars per year. I don’t know of any that ever lost money.
Below are a couple of examples of types of projects where bank instrument lessor can provide a leased instrument for funding that can lead to great profits at low risk.
For a hotel constructions project. The leased instrument (using a standby in this example) can be used to secure the construction loan (which may also “take out” development costs). The Applicant-Lessor may want all or a combination of the following in place: completion bond with construction funding under the control of the bonding company, a first deed of trust or mortgage on the land and project, upfront fees, equity points in the project, a special purpose vehicle (SPV) to handle the whole transaction, control of the board of the SPV, control of majority of stock of SPV until his exposure is “taken out”, an operating agreement for the completed hotel, as well as other creative inducements to be the primary risk taker on the project.
For purchasing commodity by Lessee. It
may work when buying a commodity and the Applicant is providing bridge
financing by causing a leased instrument to be issued for leasing by the
Lessee. In this situation, the
Applicant allows a loan to be collateralized against his leased instrument for
the purpose of purchasing a commodity, and the Applicant receives temporary
rights to the ownership of the commodity, and this “temporary ownership” serves
as security for the use of the leased instrument until the commodity is resold.
The risk to the Applicant is reduced, because on the resale of the commodity to
a locked-in exit buyer the loan is repaid (and the collateral instrument
released back to Applicant). The
Applicant earns his leasing fee and
maybe a reasonable share of the profits from the resale of the commodity, and
the Lessee receives the major share of profits from the resale of the
THE BUSINESS LOGIC OF AN INSTRUMENT LEASING TRANSACTION
I have been representing clients in instrument leasing transactions for over twenty years. Here is what often happens.
1. A very rich fellow has $100 million dollars. He wants to create a standby letter of credit (“Standby”). He deposits $100 million dollars in the bank that is going to issue the Standby (“Issuing Bank”). This fellow requesting the issuance of a standby is called the “Applicant”. With this money as collateral the bank will issue the Standby (NOTE: Bank will not issue standby without collateral from the Applicant.). The terms of the Standby should allow the beneficiary of the Standby to borrow $80 million using the Standby as a guarantee of repayment to a lender (“Lender Bank”).
2. A second gentleman (called “Lessee”) wants to lease the Standby for $3 million for 365 days and use it as collateral for the $80 million loan. The Lessee pays the Applicant $3 million. Next the Lessee borrows $80 million from the Lender Bank using the Standby as collateral. The Lessee defaults on the repayment of that loan. The Lender Bank calls on the Standby for payment by the Issuing Bank of the defaulted loan. The Issuing Bank pays the Lender Bank $80 million. The Issuing Bank wants to be reimbursed for the $80 million it paid the Lender Bank when the Standby was called for the default of repayment of Lessee’s loan. The Issuing Bank now goes to the $100 million deposit made by the Applicant and takes $80 million from that deposit and reimburses itself for the draw down made on the Standby. The Applicant has now lost $80 million (plus fees, interest, brokers’ fees, etc.).
3. So here is the deal: The first gentleman, the Applicant, with the
cash backing of $100 million to issue the Standby risks $80 million in exchange
for a payment of $3 million leasing fee (less broker fees). I repeat: The Applicant risks $80 million in
exchange for a payment of $3 million leasing fee.
4. Now, who would make that deal? Would you put up $80 million at risk to make $3 million? Who would risk $80 million for a return of $3 million? Does this meet the “smell test” of making business sense”? If it doesn’t make business sense, then there is a problem. This should make no business sense to anyone. You can see by this example that instrument leasing cannot be what it is purported to be.
5. So what is the real reason someone would invest $100 million to buy a standby letter of credit and allow someone to lease the Standby for 3 million dollars a month (3%) and borrow $80 million using the Standby as collateral? The answer is: The standby letter of credit is set up so that there is no possibility that the instrument will ever be called on; i.e. it is set up so that there is no risk, and that is why the Applicant puts up his money. Further, if the Standby cannot REALLY be used as collateral for a loan, no LEGITIMATE lender will make a loan against it; i.e. it cannot be monetized with a real lender. Cut to the chase: The Lessee has leased a worthless instrument.
6. This process is also used with other instruments such as certificates of deposit, bank guarantees, cash deposits, etc. The story is the same, only the instrument is changed.
7. Is it possible to make these transactions work? Yes. Look over the above transaction and determine who one has to deal with to make it work. If you want more information see “A REAL LEASING DEAL (Secret of Real Instrument Leasing Deals”, in the “Lawyers’ Guide: Advising Clients on Bank Instrument Leasing Instrument” below.
I have written an extensive and exhaustive fifty page e-book for lawyers on how to advise clients regarding leasing bank instruments. There is absolutely no doubt that reading and following the data in this book will (a) save your clients from losing thousands to millions of dollars by avoiding fraudulent transactions, or on the other hand, (b) obtain successful funding and earn great profits from creatively funded projects. As far as I know, this book is the most comprehensive writing on the bank instrument leasing subject matter ever written. I believe that the lawyer will find it well organized and it can operate as a checklist and knowledge base in analyzing the bank instrument leasing and monetization transactions of the clients. The book is called:
Lawyers’ Guide: Advising Clients on Bank Instruments Leasing
If you are interested in learning more about the book, go to MORE ABOUT THE BOOK!
Lawyers’ Guide: Advising Clients on Bank Instruments Leasing
IMMEDIATE DOWNLOAD: $67.25
PRESS THE “BUY BUTTON”!
· Robert Townsend
Law Offices of Robert Townsend
Southern California coordinates
· Voice: (310) 207-0180
Direct Line: (310) 592 6294
(310) 807 4380
· SKYPE ADDRESS: boblama
· E-mail: firstname.lastname@example.org
Education: Bob Townsend is a graduate of the University of California at Berkeley
and the University of California, Hastings College of the Law in San
Francisco. He is an active member of the
State Bar of California.
Legal Experience: Bob’s legal experience involves 25+ years in transactions in nearly all the States and case travel to 33 foreign countries. His areas of primary experience are domestic and international transactions (which includes private securities trading and bank instrument leasing) and licensing.
NOTE: Robert Townsend takes no
clients resident or domiciled in the State of Louisiana.
COPYRIGHT 2013. Warning! The information in this Article may not be used without the expressed written consent and permission of Robert Townsend.
Lawyers’ Guide: Advising Clients on Bank Instruments Leasing
Townsend, attorney, is the author of the “bible” on private securities trading
and Ponzi Schemes called “Lawyers’ Guide: Advising Clients on High Yield
Investment Programs and Ponzi Schemes”.
Now, he has written a new book titled:
Lawyers’ Guide: Advising Clients on Bank Instruments Leasing.
Attorney Robert Townsend has been advising clients and teaching other attorneys about leasing and monetizing leased bank instruments for over 25 years. He has practiced international law in 33 countries and almost all the States of America.
WHO IS THE BOOK FOR?
The new book is for two kinds of
readers: (i) People in the business of
dealing with leased bank instruments, and (ii) lawyers who advise people in the
business of dealing with leased bank instruments.
A. People of the Business.
The first group is individuals involved in the business of the market
of (i) leasing bank instruments and/or (ii) the “monetizing” of leased
instruments as principals, brokers or lessees (borrowers). The “leasing of a bank instrument” is a
transaction where a lessee leases a bank issued instrument backed by the money
of a principal, and the lease is arranged usually through a broker with the
lessee. The “monetizing” of the bank
instrument is a separate transaction where the lessee becomes a borrower that
uses the bank instrument as collateral for a loan to fund a lessee project.
90% Wrong! Unfortunately, this
group invariably does not know very much about how leasing or monetizing bank
instruments actually works They learn
whatever they know by word of mouth hearsay and “passed down” documents, and
what they do learn is 90% wrong. This
can be especially damaging, because with such a limited education these people
need to read the book to avoid principals being taken down by the brokers, the
brokers going to jail, and the lessees losing their money. Here is a naïve group dealing between
themselves, usually with thousands and thousands (and millions) of dollars, and
not one of them has ever
taken the time to actually learn the true basics of the business.
B. The Lawyers that Advise the People in the Business. Most of the lawyers who advise the “people in the business” have never heard of bank instrument leasing or “monetizing”. At least when a client comes into their office (usually a “lessee”) the lawyer’s knowledge is zero rather than a misleading mish-mash of nonsense that is 90% wrong. So the lawyers badly need the book to be able to advise the clients.
WHAT IS IN THE PURPOSE OF THE BOOK?
The purpose of the book is to teach the
readers the following:
1. How to tell a
fraudulent transaction (leasing or monetizing) from a real transaction that has
the opportunity of success.
2. What issues to ask
about when considering a proposed transaction.
3. What steps have to be taken to complete the funding objective of a real transaction that provides funding for the lessee’s project.
It is important to note that the author charges $2,000 just to determine the issue number 1. above of one transaction. (Includes preliminary due diligence, extensive written comments and analysis, and recommendation)
WHAT IS IN THE BOOK?
The book contains lessons on leasing and
monetizing bank instruments. The topics
include (Below list does not include all topics…just a sampling):
· INSTRUMENT LEASING IN GENERAL
· PURPOSE FOR LEASING
Finance Real Property Development
Invest in Securities Trading Program
Financing Other Purchases
Credit Enhancement Purposes
· HOW INSTRUMENT LEASING WORKS
Inducement to the Applicant
· REASONS THAT THE INSTRUMENT WILL NEVER BE
CALLED UPON AT DEFAULT
Face of the Instrument
Client Not Named as Beneficiary
Co-Beneficiary is Named on Instrument.
Conditions cannot be Met within Restricted Time Period
Requires Third Party Performance
Third Party as Beneficiary with Assignment
Instrument is Only Available on Screen
Victim is Required to Perform an Impossible Act
Victim Must Have Surety or Insurance Policy in Place
Return Fee and Earn a Fee Scam
(NOTE: This is the list of topics only through Page 15 of 50 pages. The following list is only major chapter headings and does not include all the sub-topics.)
· THE “TALL TALES” MISREPRESENTATIONS
· THE INITIAL FEE FRAUDS
· THE PROJECT FINANCING SCAMS
· THE AUTHENTICATION RUSE
· THE S.W.I.F.T. TRANSFER TRANSACTIONS
· AUTHENTICATING AN INSTRUMENT
· HYIP AND LEASING INSTRUMENTS
· WHY IS YOU CLIENT HAVING DIFFICULTY FUNDING AGAINST THE LEASED INSTRUMENT
· MONETIZING BANK INSTRUMENTS
· REAL LEASING DEALS (The Secret of Real Instrument Leasing Deals)
· EXAMPLES OF THE REAL USE OF LEASED INSTRUMENTS
WHY PURCHASE THE BOOK
The reasons to
purchase this book if you are one of the people who are either involved in the
bank leasing and monetizing world or you are an advisor to those who are involved:
DON’T CONTINUE TO BE NAÏVE! No one
with any sense would get involved in ANY business without understanding that
business, particularly where the penalty for not understanding (for brokers and
principals) is going to jail or if you are a lessee losing a LOT of money.
GET A QUICK EDUCATION. You can
be more educated on the subject than 99.9% of your colleagues by reading the 50
pages of this e-book. Everyone knows
that knowledge is power, and you need plenty of power in dealing in this world
full of fraudsters.
SAVE THOUSANDS OF DOLLARS IN LEGAL FEES. Rather then employ legal counsel or associate legal counsel if you
are a lawyer, you can save the legal expense by learning the guidelines in the
Learn how to tell if a transaction is lawful
or a fraud. The simple secret is there.
5. BUY AT INTRODUCTORY PRICE. Shortly the book will go on sale for a lawyers' retail price of $225. You can now purchase it for this limited time at the INTRODUCTORY discounted price of $67.25 (with a credit card) and download it immediately.
Lawyers’ Guide: Advising Clients on Bank Instruments Leasing
IMMEDIATE DOWNLOAD: $67.25
PRESS THE “BUY BUTTON”!