“Preventing Financial Instrument Fraud – The Money Launderer’s Tool” Paul Renner is co-author of the 2002, ICC (International Chamber of Commerce) publication, “Preventing Financial Instrument Fraud – The Money Launderer’s Tool.” The fraud models described within the publication have been referenced by the UK City of London Police and prosecution services, to support their cases and secure convictions against fraudsters.

1. “Preventing Financial Instrument Fraud
– The Money Launder’s Tool”
"Individuals and companies must be able to invest and do business with
confidence wherever they see the opportunity. The financial community,
from international banks to small investors, must be aware of the pitfalls,
the telltale signs that betray a fraud."
Maria Livanos Cattaui
Secretary General
International Chamber of Commerce

2. Paul Renner is co-author of the 2002, ICC (International Chamber of
Commerce) publication, “Preventing Financial Instrument Fraud – The
Money Launder’s Tool.” The fraud models described within the publication
have been referenced by the UK City of London Police and prosecution
services, to support their cases and secure convictions against fraudsters.
The best way to understand how a Fraudster uses the financial/banking
system is to look at the scheme from their viewpoint.
In “Preventing Financial Instrument Fraud – The Money Launder’s
Tool,” Paul Renner explains the following:
How Fraudsters choose their victims and to how they set up
the investment program
7 things a Fraudster gets from your Bank Statement / Proof of
Funds
Secure & Insecure Methods of having control or loss of
control of funds
Commission structure to Brokers, which help the Fraudster’s
goal.
Use of Advisors including Bankers, Lawyers, Accountants,
Insurance Brokers, Traders
10 techniques the Fraudster uses to protect him/herself
against prosecution and imprisonment
10 questions the Fraudster doesn’t want to hear you ask when
filtering out investment offers
This unique reference book explains in simple language: the history behind
the scams; the psychology utilised; the methods; the documentation; the
jargon; the marketing techniques; the money laundering processes and a
number of case studies showing the different approaches of the fraud.

3. “Money Laundering Tool”
The Financial Instrument Fraud (FIF) Model section includes
a Chart originally drafted by an undercover law enforcement officer to
explain the FIF scam. By analysing this chart you are able to identify the
methods used by organised criminals to perpetuate the fraud. You learn
how the 3 parts of Money Laundering are used in the Financial
Instrument Fraud:
Placement
Layering
Integration
Every day the ICC Commercial Crime Bureau (CCB) receives requests
from around the world, to examine and authenticate Financial Instruments.
Now you will be able to compare the genuine from the fake.
The Specimen Documents section shows you how to identify fact from
fiction. Examples taken from the files of the ICC CCB explain the incorrect
and suspicious terms used in these Financial Instruments compared with a
real Financial Instrument. These include:
Genuine Letter of Credit compared to a Fake Letter of Credit
Genuine Stand-by Letter of Credit compared to a Fake Stand-
by Letter of Credit
Genuine Guarantee issued by a Bank compared to a Fake
Prime Bank Guarantee (PBG)
Other pages detail errors and “red flags” in Fake Certificates of Deposit,
Non-Existent NCND Agreement, Fake Safe-Keeping Receipt, Fake Proof
of Funds Letter, Fake Letter of Intent, Fake Promissory Note, Non-Existent
Modified Form ICC No. 4081 and the Fake London Short Form Guarantee.

4. There are many Common Terms and Phrases used in Financial
Instrument Fraud. A checklist of more than 120 of these are included in a
special Glossary section. Terms such as Collateral House, Fresh Cut
Paper, Grand Master, Master Collateral Commitment, Prime Bank Trading.
The inclusion of these “red flags” in an investment contract may start an
investigation proceeding by a regulatory agency such as the SEC, FSA, or
State Securities Agencies.
From USA & Canada to Europe & the Pacific Rim fraudulent schemes have
proliferated. 20 Case reports show the different way and means of parting
victims from their money. Reports include:
Forged Bank Guarantees, Bank Debenture Programs, Advance Fee Fraud,
Certificate of Deposit Fraud, Treasury Bill Leasing, Medium Term Notes
Fraud, Prime Bank Trading & High Yield Investment Programs (HYIP)
A UK Law report further details a bank’s dilemma when caught in a
suspected Financial Instrument Fraud (FIF)
Over the last few years articles have appeared to try to explain and
promote the existence of Bank Trading Programs. In Hooking
Victims, one such article is reproduced. You are shown how some
historical factual information has been weaved with incorrect statements
to portray a scheme that is hugely profitable as well as “risk free”.
Comments have been added to show the inaccuracies and nonsense in
the Fraudster’s handiwork.
By referring to the Resources & Contacts section you will save hours of
your research time. Besides addresses and contact numbers you are
given the weblinks so you can see what the SEC, US Treasury, Federal
Reserve, IMF, OCC, World Bank, Met Police and others really say about
these scams. Other links show you where to report your scam including
USA, CANADA, Europe, Australia, and New Zealand

5. In the unfortunate event of being involved in a Financial Instrument Fraud,
the Guide to Compiling Information section shows you the 6 key
words, which will help clarify your thoughts. These key words will help
when reporting your fraudulent scheme to the appropriate authorities.
You will also learn that these schemes are not new. The Background to
Financial Instrument Fraud tells you about Gregor I, Cazique of Poyais
a/k/a Gregor Mac Gregor, 1786-1845, the earliest uncovered history of the
invention of a country in selling fraudulent financial instruments to the
public. Also mentioned is Charles Ponzi, regarded as the “father” of
modern fraudulent financial frauds.
Who needs this unique book? Investors, investment advisors,
stockbrokers, accountants, CPA’s, lawyers, bankers, life insurance agents,
financial advisors, business owners, regulators, law enforcement as well
as anyone who would like to inform themselves of this mysterious subject.

6. About Paul Renner - KYCMap | C6 Intelligence Information Systems
Limited
Paul Renner is CEO of KYCMap.com and the Co-Founder of C6
Intelligence, a leading provider of global intelligence information on both
individuals and companies through the C6 Database and bespoke
research projects. C6 Intelligence provides Enhanced Due Diligence (EDD),
Know Your Customer (KYC), and Anti-Money Laundering (AML) checks
and solutions for companies worldwide, and has a presence in the
Americas, EMEA and APAC regions.
SOURCE: Paul Renner C6 intelligence | KYCmap - Preventing Financial
Instrument Fraud