I've struck it rich! (Now what do I do with the money?)

Email

[Eagle Eye]

From an unsolicited E mail directly to me (not a list):

Dear Sir,

My name is Dr. xxxxxx xxxx, I am an International Consultant and presently have a client who is keenly interested in investing a substantial amount of money into your country's private sector, particularly in the medium and small scale industrial sub-sectors, but this is subject to the availability of by-laws allowing for foreign investment and unhindered after tax repatriation of profits.

My client needs an honest and prudent manager, who will for a commission, based on a binding agreement undertake to manage and invest this fund on a chosen sector.

My client is willing to invest the sum of $ 8 million USD into this project, a handsom commission will be paid if you accept to undertake this project, you might also be required to advise and suggest other lucrative project(s) that we can also invest in.

If this proposal is acceptable to you, please refer back immediately for further details.

Best Regards

Dr.(Mrs) xxxxxxx xxxxxx

xxxxxxxxxxx@consultant.com

[Eagle Eye]

Now I need to find one or two savvy managers for all my commission money! They will, of course, be paid handsomely and may be required to find other lucrative offers for me.

OK, OK, it's gotta be a scam. Anyone know how they get you? They obviously don't know me, I cause I AIN'T GOT NO MONEY (and nobody cares for me...)

[agitator]

This is typical of scams orginating in Nigeria

[isthisnickcool]

I've done a deal with this Nigerian guy that's going to send me millions! Really! It should be here any day now:)

[Dementon]

I don't know how they get you, but I've gotten a couple of similar emails myself.

If anyone knows what the catch is, please share 'cause I'm rather curious myself.

[shaggy eel]

,,, now what do you do? You don't give them any bank account numbers.

[Dialup Llama]

>,,, now what do you do?

You go to Nigeria to meet your 'business partners' and get killed.

[OK]

They will probably suggest wiring the money to your bank account, then when they get your account info they can drain your account.

[outanames]

Most of these solicitations are sent to the individual who is the "incorporator" of a corporation, LLP or LLC. They get your name from corporate filings records of the Sec'y of State.

[Eagle Eye]

Bank Account? Hell, I'd have to have money first!

[lonestar]

I think they ask you to put up some money. I've read about this one--warning people, but I don't remember the details.

[Principled]

the catch is they will need a bank account# (yours) to put the millions into...

then they take everything in it away.

[Eagle Eye]

That's why I'm looking for someone to represent me. Any referrals?

[sinkspur]

,,, now what do you do? You don't give them any bank account numbers.

Exactly.

At some point, after more laudatory and enticing e-mails, you will be asked for bank account numbers for "immediate wiring of the $8 million."

[Eagle Eye]

They will probably suggest wiring the money to your bank account, then when they get your account info they can drain your account.

They got the wrong guy. Why I put my card in the ATM, all I get back is my weight, fortune, and a bad joke.

[Dialup Llama]

>the catch is they will need a bank account# (yours) to put the millions into...

Can someone please describe how that happens? I hand checks to people all the time and on those checks are my account # and the ABA bank routing #. You mean anyone with that info can take $ out of my account?

[shaggy eel]

,,, you need money? Hell, set up an office in Lagos! The $US goes a long way there. A million scammers can't be wrong. Work your way up to a protected cell company in Guernsey and send me a postcard when you've made it [LOL!]

[Eagle Eye]

Don't you know that us Libertarians don't use banks, we only barter with weed?

[Rubber Ducky]

I used to get these by mail. Circumstances and names were slightly changed, but the scam is the same. The Wall Street Journal ran a good article on these scams many years ago-- they fooled some fairly sophisticated people.

At some point, you will be asked to wire a small some of money to a bank in Nigeria as a requirement to open an account to receive your transfer. There will then be a series of complications such as the bank raising its minimum balance requirement. In the end, those who want to pursue this matter will be invited to Nigeria where they will end up broke or even dead.

I liked the scam better when they sent it by mail. At least then my daughter got a couple of used postage stamps for her collection.

[Eagle Eye]

Sounds like you've got a mind for business...and I'm looking for a couple partners.

For a small deposit, I'm sure that we can make millions together.