The Securities and Exchange Commission (SEC) has announced charges and an emergency asset freeze against a Miami-based attorney and other perpetrators of a prime bank investment scheme that promised exorbitant returns from a purported international trading program. Prime bank schemes lure investors to participate in a sham international investing opportunity with phony promises of exclusivity and enormous profits. The purported financial services firm, Worldwide Funding III Limited defrauded approximately 45 investors out of more than $3.5 million that they invested in a non-existent trading program.