Private Offset Bond (an explanation of said instrument)

is it true you can only offset 1m per year?

None of this is true.

Seek reputable financial advisors to to confirm for you that this is all a scam, pushed by people to get you to pay them something.

Originally Posted by Unregistered None of this is true. Seek reputable financial advisors to to confirm for you that this is all a scam, pushed by people to get you to pay them something.

I think your right, I think if anyone truly got this to work, they wouldn't need to charge you thousands of dollars to do it. .Some of these sites charge more that $5000 to do these documents for you, and don't even help you. I'm sorry, but if someone is going to charge me $5000, they had better do it all! They are just making money off of a bunch of suckers. these people are just confirming that they are scam sites.

AGREED!!!

Just the latest con.

if these are scams then how did my friend who was 6 months in forclosure use a bond and the bank accepted it and she is still in her home for the last 2years and has no more payments. were is the scam

The U.S. Department of Treasury, Office of Inspector General (OIG), is investigating incidences whereby individuals are using fraudulent promissory notes and bonds to attempt to purchase vehicles and real estate. The OIG has been notified of numerous occurrences throughout the United States where fraudulent documents were used to attempt to purchase vehicles. Treasury OIG has also been made aware of incidents in Arizona and Colorado where similar fraudulent documents were used to attempt to purchase homes and an office building.

The fraudulent documents are not referenced as “U.S. Treasury”
bonds or promissory notes. They are referenced as “personal promissory note” and “private offset bond;” however, they have the name of Henry Paulson, Secretary, U.S. Treasury, on the face of the documents.

Treasury OIG has learned that the only type of hard-copy bond issued by the U.S. Treasury that a citizen can purchase today is a savings bond. All other bonds are electronic and the buyer would not receive a hard-copy document. Finally, Paulson’s name should not appear on any document listed as a private bond or promissory note since these items are not backed or guaranteed by the U.S. Treasury.

If you have any information regarding this type of fraudulent activity, we request that you contact the U.S. Department of Treasury, Office of Inspector General (OIG), Office of Investigations Hotline, at 800/359-3898 or e-mail Hotline @ oig.treas.gov. REALTORS® approached by a person giving these or similar circumstances should consider the potential for fraud. Should you suspect fraudulent activity, it is recommended that you contact the OIG Hotline and your local law enforcement agency immediately. Additional information regarding this and other similar fraud schemes can be found at the Department of Treasury Website:

Institutional - Bogus Sight Drafts/Bills of Exchange Drawn on the Treasury

Originally Posted by Unregistered if these are scams then how did my friend who was 6 months in forclosure use a bond and the bank accepted it and she is still in her home for the last 2years and has no more payments. were is the scam

Maybe the scam in sitting in cheap housing in Hawaii conducting online fraud.


Visitor

Originally Posted by Unregistered if these are scams then how did my friend who was 6 months in forclosure use a bond and the bank accepted it and she is still in her home for the last 2years and has no more payments. were is the scam

i feel you. i can't stand non-believers. my friend can fly and also lays golden eggs. it's not a scam -- i've seen him, so that should be proof enough. everybody has the ability to learn the secret of how to do this, and he'll share it with you...for a price. i don't know why people think it's not true.

and I have a one of a kind golden goose i will sell you...for a hefty price

[cocoi536]

not scam, dont call scam to something that your small brain can't understand.