bond from private new york investors

This is a discussion on bond from private new york investors within the Other Business & Finance Law Issues forum, part of the BUSINESS & FINANCE LAW category; hi I have a business here in eastern europe, i am in the construction sector, I have some friends that ...

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Old Dec 1st, 2008, 06:42 PM   #1
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Confused bond from private new york investors

hi
I have a business here in eastern europe, i am in the construction sector, I have some friends that have gone to the USA to raise money for projects here, they have received money for buying agriculture land & construction projects, it seems that they have raised some form of bond of $10 million from private new york investors, the investor have a intrest rate per year and also a share in the company that my friends have.
my question is who offeres such deals and how does this system work, i do know that my frineds have little or no money, but have a good business plan.
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Old Dec 2nd, 2008, 11:23 AM   #2
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Default re: bond from private new york investors

There is a lot of fraud in such supposed instruments.

I would suggest you be VERY skeptical and have reputable lawyers or accountants verify.
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