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What is "Private Placement
Investment Program"? |
Private Placement Program (PPP)
is an investment trading
program where the investor
places a sum of money or a financial instrument, such as unconditional
bank guarantee or standby letter of credit from a prime Western
European
or US bank in an acceptable bank. A contract is entered into
between
the investor and the trader. The trader then proceeds to trade in medium
term notes (MTNs) or similar financial notes issued by major
financial
institutions in Europe and the US, and the yields are shared between
the
trader and the investor. Some HYIPs require that a portion of the
yields
be distributed to an approved humanitarian project, but notwithstanding
such allocations the yields to the investor are extremely attractive AND
SAFE. No part of the moneys or the instrument in deposit is at risk
at any time. The money/instrument is NOT pledged or mortgaged or anyway
encumbered. AT ALL TIMES the money/instrument remains in the investor's
bank account, in the investor's own bank or a designated bank, and only
under his control. The investor can withdraw it at ANY TIME which of
course
means that he will cease to participate in the program.
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