Under the leadership of Tyrone Phipps, launching a dedicated platform to detect and prevent Fraud in Bank Instrument Transactions.
(PRUnderground) March 14th, 2025
In response to the growing epidemic of fraud in the financial services sector—particularly in the procurement, monetization, and trade of bank instruments—a groundbreaking new online platform has been launched. This initiative is designed to protect brokers, principals, and industry professionals from financial scams.
Every year, fraudulent actors deceive unsuspecting individuals, resulting in millions of dollars in losses through deceptive practices, fake documentation, and false promises. To counteract this alarming trend, a global community of like-minded professionals has been established, dedicated to exposing fraud, sharing critical intelligence, and holding bad actors accountable.
The platform was built with a clear mission: to safeguard industry professionals—both veterans and newcomers—from falling prey to financial fraud. With many already suffering significant financial losses due to scammers exploiting online channels such as WhatsApp and email, this initiative aims to create a trusted network that empowers members through shared knowledge and transparency.
Members of the platform gain access to verified industry insights with actively shared, vetted information on legitimate providers, monetizers, project financiers, and trade platforms, which significantly reduces the risk of engaging with fraudulent entities. In addition, the platform provides essential fraud prevention resources that educate professionals on identifying fake financial documents—such as counterfeit bank statements, fraudulent SWIFT 799/760 messages, false RWAs, and manipulated Euroclear documents.
The initiative also maintains an exclusive watchlist, a comprehensive database of known fraudulent providers and scammers. This resource is designed to help members avoid costly scams, save valuable time and resources, reduce legal exposure, and safeguard their professional reputations. Brokers, principals, and financial professionals from around the world are invited to join this mission. Together, the community can build a trusted ecosystem where integrity thrives and deception is eradicated.
Tyrone Constantine Phipps has established himself as a thought leader in the financial sector. With over 24 years of experience in debt and equity markets, he brings a wealth of expertise to his role as Managing Director of CrownGate Capital Inc. His mastery of valuation, financial modeling, and forecasting enables him to identify emerging trends and develop forward-thinking financial solutions. Phipps’ “customer-first” philosophy fosters strong client relationships, while his leadership at CrownGate Capital has driven innovation and efficiency in funding processes. He remains a key influencer in alternative financing.
For further information on Bank Investment Fraud Prevention, please visit:
https://bankinstrumentfraudprevention.com
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Original Press Release.
