We've seen this with other types of fraud, where the banks clear the traveler's checks, but then determine three weeks later that they were counterfeit.

When it's far-reaching and international like this, it's hard to track down. The money gets wired to someone who comes in a door and picks it up. Did they give a real name? I doubt it.

We know that for every one complaint we hear, there are many other people who are affected.

It still gives the opportunity to prevent the sale under the appropriate circumstances, though.

We now have to prove that the sale of stock is not necessary to promote the interests of the Trust, as opposed to [the Trust] having to prove that it was necessary, like it said before.

It is referred to in the business as invisible providers.