Nigeria Follow Up

Re: [spiers] Nigeria Follow up


Question:

The letter is preposterous, that's very clear, but the
question remains, assuming this requests is coming
from another country... Why would you wait until step
(5)? Wouldn't that be the first step to take - check
on the authenticity of the funds - if you were
considering doing a transaction at all?
Thanks
Alex

--- wileyccc@aol.com wrote:
> Folks,
>
> Here is the reply to my reply to the good doctor in
> Nigeria... the new twist
> is that they propose to launder the money out by
> importiing goods from me
> into Nigeria. Actually i am leaving off this
> example becasue it is so
> transparent as to be boring... but, what would
> follow is this:
>
> 1. I give them all my particulars as they request.
>
> 2. They propose I buy wheat, apples, autos,
> machinery anything at all and
> overinflate the price.
>
> 3. They open a letter of credit (on a nonexistent
> bank) to my benefit for
> some $30.5 million, and I ship what I can against
> this letter of credit.
> Please note if I could only get, after borrowing as
> much as I could and
> liquidating all I own, say only $5 million in cash,
> this would be fine,
> because they would then direct me to ship $5 million
> worth of goods and I
> would invoice for $30.5 million. The $5 million
> would be necessary, they
> expplain, to fool their government that a real
> transaction is taking place.
>
> 4. The goods move onward to Nigeria.
>
> 5. My local bank tells me the letter of credit is
> fraudulent. I try to get
> goods recalled...not possible.
>
> 6. My goods disappear into Nigeria.
>
> 7. A relative shoots me.
>
> The first six i am positive would occur. Please
> note the erudition; Nigeria
> has first rate talent, but due to USA going off the
> gold standard, commodity
> deflation has left formerly wealthy people desitute.
> So we have the
> following:
>
> Dr. Usman Hussein
> Contract Review Committee
> Federal Secretariat Annex,
> Garki, Abuja. Nigeria.
> Tel.234-9-272092
> Email:
> usmanhussein@yahoo.com
> Attn: Jhon Spiers
> Dear sir,
>
> BUSINESS PROPOSAL: TRANSFER OF US$30.5M (THIRTY
> MILLION, FIVE HUNDRED THOUSAND UNITED STATES
> DOLLARS)
> & BUSINESS INVESTMENT PARTNERSHIP.
>
> First, I must solicit your strictest confidence in
> this transaction, this is by virtue of it's nature
> as
> been utterly confidential and top secret as you were
> introduced to us in confidence by our Attorney
> Barrister Ola James.
>
> We are top officials from the Federal Ministry of
> Works & Housing (FMW&H), Federal Ministry of Finance
> and the Presidency, making up the Contract Review
> Committee (CRC) set up by the Federal Government of
> Nigeria to review contracts awarded by the past
> Military administration.
>
> In the course of our work in the CRC, we discovered
> this fund which resulted from grossly over-invoiced
> contracts which were executed for the FMW&H during
> the
> last administration. The companies that executed the
> contract have been duly paid and the contracts
> commissioned leaving the sum of US$75.5M floating in
> the Escrow account of the Central Bank of Nigeria
> ready for payment.
>
> I have therefore been mandated as a matter of trust
> by
> my colleagues in the Panel to look for an over-seas
> partner to whom we could transfer the sum of
> US$30.5M
> by Legally subcontracting the contract entitlement
> to
> your company. This is bearing in mind that our civil
> service code of conduct forbids us from owning
> foreign
> companies or running foreign accounts while in
> Government service hence the need for an over-seas
> partner.
>
> We have agreed that the funds will be shared thus
> after it has been transferred into your account:
> (1) 20% of the money will go to you for acting as
> the
> beneficiary of the fund.
> (2) 70% to us the Government officials (with wish we
> wish to commence an importation business in
> conjunction with you).
> (3) 10% has been set aside as an abstract projection
> for reimbursement to both parties for incidental
> expenses that may be incurred in the course of this
> transaction.
>
> All logistics are in place and all modalities worked
> out for the smooth conclusion of the transaction
> within ten to fourteen working days of commencement
> after receipt of the following information from you:
> Your company name, address, company's details and
> activities, telephone & fax numbers, Mobile Number
> if
> any, Complete Banking Details. These information
> will
> enable us make applications and lodge claims to the
> concerned Ministries & agencies in favor of your
> company and it is pertinent to state here that this
> transaction is entirely based on trust as the Solar
> Bank Draft or Certified Cheque draw able in any of
> the
> Central Bank of Nigeria correspondent Bankers in
> America is going to be made in your name.
>
> Please acknowledge the receipt of this letter by
> reaching me on this telephone number for further
> briefings and clarifications within the next 48
> hours Tel. 234 9 2720929.
>
> Yours faithfully,
>
>
> DR. USMAN HUSSEIN
> Chairman C.R.C, Abuja Nigeria.

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