A US court recently ruled that Brett Cooper and his related companiesrnwere involved in three fraudulent Prime Bank or High Yield schemesrnduring which he lured victims with the promise of extraordinary returnsrnthat none ever received.rnThe first was a prime bank fraud scheme in which Mr Cooper raised aboutrn$1.4 million by claiming to have special access to programs that allowedrnindividuals to pool their funds and obtain an investment opportunityrntypically only available to Wall Street insiders. Through this opportunityrnthey would have access to instruments from the world’s largest banksrnand obtain returns of up to 1,000% in as little as 60 days.
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