Investor Protection Guide: Prime Bank Schemes

{
  "id": "MLC-T-LAW-002766",
  "term": "Investor Protection Guide: Prime Bank Schemes",
  "field": "Law",
  "definition": "Fraudulent investment schemes that promise extremely high, risk-free returns by claiming to access secret trading programs involving top international banks. These schemes often use complex jargon and fake documents to convince investors of their legitimacy. No such secret trading programs exist, and these schemes invariably result in total loss of invested capital.",
  "url": "https://mlchart.com/terminology/law/investor-protection-guide-prime-bank-schemes/"
}