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Re: janice shell post# 56189

Thursday, 12/19/2013 2:37:13 PM

Thursday, December 19, 2013 2:37:13 PM

Post# of 234292
That has scam written all over it.

The $5 million in treasuries (which I doubt exist) is the teaser and makes the reader assume the other bonds are also treasuries. They are not. The key is the words "credit-linked", which means they are some kind of derivative. My guess is they are either just as fraudulent as the CDFT instruments, or the assets held by supposed third-parties backing those bonds (which could have been issued by any entity, real or imagined) does not exist or does not have any assets. Who knows - maybe they are linked to Riad's fake bonds.

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