Fraudulent Scheme in the Financial Industry- Secure Platform Funding

1
Loan Funding Scam of Secure Platform Funding
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
(No Transcript)
4

• 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.

5

• 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.
• 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.

6
(No Transcript)
7

• 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. The
  50,000 in escrow never made it back to the
  victim.

8

• 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 FinCENs FATF
  initiatives.
• A request with FINRA did not produce any records
  of Mr. Greens involvement in the financial
  industry.

9
(No Transcript)
10

• For a full list of documentation and further
  details, visit https//www.scamguard.com/secure-p
  latfrom-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.

11

• 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 companys fraudulent history.

12
(No Transcript)
13

• Mr. Green, current CEO of Secure Platform
  Funding, may be reached for comment through
  email ceoofagreements_at_secureplatfromfunding.com
  or via phone at 44 20 3808 9841

14
(No Transcript)
15
(No Transcript)