Self liquidating loan example
You don't need to have a high net worth or be a millionaire to get an arbitrage loan.
In fact you don't need to invest a dollar of your own money.
And, in many of these cases, after the law enforcement agencies finally catch up to the con-man, the victims are fearful to open up and tell all about being scammed, or they still are hopeful of receiving their loan.
Even when you approach some of the most savy financial gurus about Self-Liquidating Loans, they will exclaim authoritatively: "They do not work." BUT, if you ask them "Why don't they work? Finally, when you have one of those financial gurus to look over the Self-Liquidating Loan package that you purchased their feedback is usually: "It seems like it may work, but there has to be a catch." OR "This could work, however, prior to participating in this, you should obtain the name of the lender and the issuer who puts up the collateral." In early 1988, an expert who is now retired was contacted by the "International Society of Financiers" with an invitation to be the keynote speaker at their autumn seminar for that year.
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Each year millions of dollars are spent by law enforcement agencies around the world ( that does not include the money lost by the victim borrowers) in investigating and prosecuting the scammers who purport to offer such loans.
You virtually kill your chances by trying to make an arbitrage loan for a smaller amount than 5 million.- Can you in your own home town put together your own Self-Liquidating Loan?