They are pushing and an investment and loan scan. They offer interest rates ranging from 2-8% per day. They also claim to offer loans that never have to be repaid as long as you put up a deposit of 1-10% of the total loan value. The have a number of 'independent brokers' promoting the scam for them.
Here is an excerpt from some of their website:
"Investors can participate on the following basis:
1. Minimum investment $50,000 locked-in for 12 months
2. Maximum investment $100 million locked-in for 12 months
3.investment should be made through an IBC. If the investment is larger than $99,000, then Global Reserve and Finance Limited will pay set-up fees for the IBC.
The securities firm indicates that the expected returns are between 25% to 75% per trade with trading occurring 3 or 4 times per week. Given the above scenario, this investment has the potential to earn high monthly returns."
Do the math this is 75% - 300% per week - with compounding this is going to make you the richest person in the world in less than a year - obvious scam!
They are also linked to another scam known as "Global Reserve & Finance LTD, " googling this company yields numerous scam reports.
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