Advance Fee Fraud/ Up front payment scams

[Templar]

Hi All,

This is a Typical Advance fee fraud that I had received through a naive Broker
trying to break into the business.
he feels that the seller is reliable and had forwarded to me sanitising the seller's contacts.
I have taken out his email as I do know that he is an idiot.

XX


Subject : AREVENCA VENEZUELA
Date : Mon, 22 Jun 2009 22.56.14 +0530
From : V
To : <XXXXXXXXXXX@lycos.com>


Sir,

I have this offer for D2 and JP. Please review and advise.

Dear V,

At the moment we have available for you:

SPOT NOT AVAILABLE

CONTRACT: JP54 1.000.000 tons per month/ one year

D2 2,000,000 MT/ month for 1 year Price Gulf of Mexico Platt less $9/MT

Price: valid until Wednesday 24th June, 2009 is $1.78/gal.

To formalize your request, please follow the procedure outlined below. Pleasenote that THESE PROCEDURES ARE NOT NEGOCIABLE.

PROCEDURE: -

The buyer must send a request whit full identification buyer, product,quantity, periodicity, CIF or FOB, and a MT799 from a prime line bank.
- After the reception of the request, and verification of the MT799, theRefinery will ask, and will authorized ,an deposit for the 0,5% of the totalamount of the request in the account of the Refinery.
- This percentage will be accredited to the Invoice.
- After the reception of this deposit, the Refinery will emit an Pro FormInvoice for the first month cargo.
- If the buyer want emit an MT03/23, that must be irrevocable and will beliberate for the bank at the reception of the Commercial Invoice, (PropertyTitle) that will be send directly to the bank.
- After the reception of the Pro Form Invoice the buyer must paid in 3 bankingdays by wire transfer free and clear.
- As soon the Refinery received the payment , the Operations department put thebuyer in schedule load and will emit the Commercial Invoice. - At the load day, as soon the vessel is loaded, the refinery will send to youthe SGS inspection, Bill of Loading and Partial Commercial Invoice, theoriginals by Currier and an copy by email.
- If the costumer received whit out demurrage all the first month cargo, Therefinery will sign an Long Term Contract. - In the long term contract, the costumer must emit an Bank Guaranty, and thepayment of each cargo will be 10 days after reception by wire transfer free andclear


My Reply :

V,

The scam lies in the 103'23.

There is no such thing.

Once the credit is transfered, they will all disappear.

Venazeula needs all buyers to be registered.

They are OPEC members, and produce Jet A1 and not JP54.

No one in the market can give 1,000,000MT D2 monthly as logistically it is impossible.

If a contract is that size, the president of the country will be signing the contract as that would mean the entire country's natural resource.

D2 is about 15% of a barrel of crude.

For venezeula, with their MESA crude, it is about 12%.

You are talking of refining 9,000,000MT of crude monthly and that is 64,800,000BBL of crude.

The entire South America does not produce that amount.

[kamikazimomma]

SLAP! HEEE! HEEE!

[Templar]

Folks,

This guy actually believes that he is selling something that is real. A sad case of self denial. The scam lies in the term conditional MT 103'23. There is no such thing as MT 103 is a transfer of credit and there are no conditions attached. Upon receiving, they will withdraw and run.Law enforcement is difficult here as the benificiary's bank is in a different juridiction and his banker does not have a fiduciary duty towards you.



We are able to arrange leasing of bg/sblc

at 11/12 plus two

there is no upfront charges.

lessor to send rwa to lessee first

We are ready to send you draft agreement for your review

enquirers welcomed

Patrick Lxx

skype idatrickkinglxx

Description of Instruments:

1.
Instrument:
Bank Guarantee (BG) / SBLC(Appendix A)

2.
Total Face Value:
€10M Min.€5B Max.

3.
Issuing Bank:
HSBC, BOA, WELSFARGO, CHASE BANK, Standard Charter UK.

4.
Age:
One Year and One Month

5.
Leasing Price for Face Value 1B or above
11% of Face Value plus 2% commission fees to brokers to be shared 50/50 between the brokers on both lessor /lessee sides

Leasing Price for Face Value below 1B
12% of Face Value plus 2% commission fees to brokers to be shared 50/50 between the brokers on both lessor /lessee sides

6.
Delivery SWIFT TO SWIFT.

7.
Payment:
By Wire Transfer Payment

8..
Hard Copy:
Bonded Courier within 7 banking days.

Procedures:

1.Lessor and Lessee execute, sign and initial this Deed of Agreement which thereby automatically becomes a full commercial recourse contract.

2. Within three (03) international bankingThe Lessor will issue letter from his bank, stating readiness and willingness to issue swift mt 760 upon confirmation of lessees mt 103/23.


3.The lessee will cause his bank to issue conditional MT103/23 payment of all leasing fee into the lessor’s bank account subject to deliver the swift MT 760 and the hard copy of the instrument by the Bonded Courier within 7 banking days

4. Within seven (07)international banking days of confirmation of the Lessor's swift MT760 of the SBLC at the receiving bank, the Lessee will release the payment by wire transfer into the Lessor’s bank account 11/12 % + 2% of the face value of the BG as commission fees to the broker’s bank accounts.

5. Within 7 banking days after confirmation of receipt of payment of the leasing fees and the commission fees, the Lessor will deliver the hard copy of the BG to the receiving bank via bank bonded courier.

Should Lessee default to pay the leasing fees to the lessor and the brokers commission fees as agreed after 7 banking days of confirmation of the SBLC MT760 in the receiving bank , Lessor will instruct the issuing bank to put a claim on the BG or SBLC thereby forcing the receiving bank to return the BG MT760 to the issuing Bank


--
Best regards,
Patrick Lxx

[patricklee88x@gmail.com]

for conference call pls call
Dial - (712) 432-1699
Enter Access Code - 616995*


skypeatrickkinglee
tel 852-9709-0298

--
Best regards,
Patrick Lxx
[hktrader001@gmail.com]
[patricklee88x@gmail.com]
skype:greaterchina2008
tel 852-9709-02xx

for conference call pls call
1-319-741-8100
Access 600403#

[Templar]

Subject [RE]Enquiries
Sent Date 07-13-2009 8: 24: 37 PM
From XX
To "V" <XXXXXXX@hotmail.com>

V,

My comments below.

---------[ Received Mail Content ]----------
Subject : Enquiries
Date : Mon, 13 Jul 2009 21:26:03 +0530
From : v <vxx@hotmail.com>
To : XX


Sir,

I have the following requirement.
If you can supply please let me know the terms. I will do the DD then will I get back to you.

Look forward to your offer.
----------------------------------------------ENQUIRY-I for D2

MY ASSOCIATE SAYS HE IS DIRECT TO THE BUYER. BUYER WANTS TO LINE OF CREDIT.

ICPO + Banking Co-Ordinates (BOA, Miramar)
Seller issues Draft SPA with full coordinates
Buyer returns contract signed

Seller issues TSR/SGS to buyers bank The Russian system does not
work this way
Buyer verifies TSR/SGS and issues MT103/23 There is no such thing as a MT 103 field 23. It is used by conmen only.

Seller issues Full POP PoP is done on a MT 999 after PoF on a MT 799 for 3 months SBLC

Buyer pays by MT103 upon title transfer There is no security to the seller as there is no LC in place. It can be seen as an attempt to cheat the seller.

That is the only way this buyer can buy They will get no cargo.

Should the seller actually own the allocation and be able to swift the issue of TSR/SGS direct to the buyers Bank, BOA - Miramar , Florida, then a MT103/23 will be placed in favour of the seller for the liftable fuel. To put a MT103/23 in place for a rogue figure of liftable that cannot be verified until after the fact is something we cannot authorize. If the seller owns the fuel they are at no binding risk sending POP information to BOA for them to pass to the trading team to verify, from there the deal will close very promptly.
These are the current trading guidelines in place by BOA to prevent the Bank and Client being over exposed should the POP be fake or there be any discrepancy on the actual ownership as an allocation number does not give us enough evidence that the product actually exists.

V, I have worked with BOA and Wells Fargo. Those are not the terms, and how can a bank advise on using a non existence mode of payment, MT 103'23 and no SBLC or LC in place.

You are dealing with Joker Brokers or Conmen.

--------------------------------------------------------------------------

ENQUIRY - II for D2.

The Next Request different buyer:

We, . on behalf of BuyersGroup/China, are seeking offers on
Diesel Fuel D2 L-0 02-62 GOST 305-82
Quantity 200,000 MT monthly x12months CIF Chinese seaports
Payment by Letter of Credit
Any expenses in Russia such as Transport/pipeline tariff, Contract legalization fees, Notarization fees and all fees, charge etc shall be borne by Seller. Absolutely no TT advance payments
Inspection by SGS paid by Seller
Performance Bond 2.5%
Please provide detailed specifications, country of origin, delivery schedule


V, There is no upfront costs to anyone but the Performance Bond of 2.5% is not in line with industry practise.

Perhaps next year as my request list for D2 is long.

--------------------------------------------------------------------------

ENQUIRY 3 for JP AND REBCL


ALL BROKERS , INTERMEDIATES , FACILITATORS SHOULD SIGN THE NCND+MFPA FIRST THEN BUYER THEN SELLER – NO NEGOTIATION FOR THIS
PAYMENT : NON-TRANSFERABLE RDLC OR MT103 - NCND is an illeagal term and has been deemed by law as a Fradulent Document. How many in the Daisy Chain ?




JP54 There is no cargo for this item.1- QTY = 4,1 MILLION BBLS/MONTH X12 MONTH
2- DELIVERY = FOB ROTTERDAM 3- PRICE = 47/45 There is no such thing and is selling at premiums of +$25 per BBL now.
4- DURATION = 12 MONTH

REBCO

Qty = 25 BBLS/MONTH X 60 MONTHS A MEGA Gov to Gov contract is only 7M bbl mth. 25M is almost all of the export quota of russia. There has to be a sense of reality. At $65.00 per bbl the ave invoice more than $1.6B monthly. This is totally unrealistic, and Logistically impossible.

CIF / FOB = ROTTERDAM
PRICE = FIXED PRICE WE NEED – 10/6 DISCOUNT Only in their dreams as even on a 3 month sblc, the discount is that amount.
WE NEED BOTH PRICES FIXED AND DISCOUNT

CONTRACT PROCEDURES

1- BUYER ISSUES AN ICPO WITH FULL BANK DETAILS AND SOFT PROB.
2- "SELLER” ISSUES FCO AND SEND TO BUYER.
3- BUYER SIGN FCO AND RETURN TO SELLER.
4- SELLER ISSUES DRAFT CONTRACT AND MENTION THE CONTRACT NUMBER, OPEN FOR AMENDMENTS.
5- BUYER SIGNS THE DRAFT CONTRACT AND RETURN TO SELLER WITHIN 3 WORKING DAYS FOR SELLER SIGNATURE ., SELLER CONVERT IT INTO PDF FORMAT AND RE-SEND IT TO BUYER AS FINAL CONTRACT TO BE LODGE IT TO EACH PARTY 'S BANK For such a large contract, hard copies and a meeting by both bankers is a norm.
6- SELLER SWIFT SOFT POP (PARTIAL) TO BUYER’S BANK FOR VERIFICATION AS FOLLOW: PoP is issued only after Proof of funds on a MT 799 commitment/ RWA.
6-1_ COPY OF LICENSE TO EXPORT ISSUED BY THE RUSSIAN MINISTRY OF ENERGY
6-2_ COPY OF APPROVAL TO EXPORT ISSUED BY RUSSIAN MINISTRY OF JUSTICE.
6-3_ COPY OF STATEMENT OF AVAILABILITY OF PRODUCT.
6-4_ COPY OF REFINERY COMMITMENT TO PRODUCE THE PRODUCT – BANK TO BANK
6-5_ STORAGE TANK RECEIPT FOR LIFT-ABLE PRODUCT – BANK TO BANK ONLY
7- BUYER VERIFY SOFT POP
8. BUYER'S ISSUE NON-OPERATIVE IRREVOCABLE, CONFIRMED [FOR ONE MONTH LIFTING VALUE], NON-
TRANSFERABLE RDLC CONFIRMED BY WORLD TOP 25 PRIME BANK PAYABLE 100% AT SIGHT AGAINST
PRESENTATION OF SHIPPING DOCUMENTS TO BUYER`S BANK.
9- SELLER’S BANK SWIFT "FULL POP" ALONG WITH 2% PB TO BUYER’S BANK TO ACTIVATE BUYER`S RDLC.
10- DELIVERY COMMENCES WITHIN 30 DAYS OF RECEIVING AND ACCEPTANCE OF BUYER`S RDLC.

[COLOR="red"]The Docs requested 6-1 to 7 is nonsense and there is no such thing as SOFT PoP.

V, you are dealing with joker brokers. Please learn the business. I had address MT 103'23 to you before and you don't seem to learn.




================================================== ========


With Best Regards

V
Skype Id - svs99

[Templar]

This is a typical Scam targeting naive investors and is a up front fee scam.

Once the funds are transfered, they will all disappear leaving the unqualified broker ( the guy who sent this to me ) holding the bag.

Lack of understanding in the finance industry is the scammers advantage and many have been scammed.

Bank Guarantees are not securities and do not have ISIN numbers.

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Date: Thu, 10 Sep 2009 15:09:59 +0800
Message-ID: <c17cf0310909100009h7082191j921e4faa6e066087@mail. gmail.com>
Subject: Fwd: hsbc bg 82+1 no pof
From: "Patrick , Hong Kong" <hktraderxxx@gmail.com>
To: Patrick Lee <hktrader001@gmail.com>
Content-Type: multipart/alternative; boundary=0016e648f4b23286c8047333e362
__________________________________________________ ____________

Any interest in bg 82 ,no pof,

Copy of euroclear screen shot available on request

Enquiries welcomed

Patrick

Bank Instruments Particulars

Instrument Type: BANK GUARANTEE – cash backed - /seasoned- BG is not a security.
Maturity-Date: 13th May 2010

ISIN: XS4457239822- Checked Euroclear, Search results Refine search - No results found


Invoice Price: 82% of Face Value

Commission: 1% payable from sell side Standard commission is 0.08%
Value: 50Million Each BG Face Value

First Tranche: 50Million Euro with R & E up to 10,000,000,000,00 Billion

Transaction Procedure

3. Sellers bank officer at Credit Suisse will contact the buyers bank officer to confirm the BG on the Interbank Screen.- No such Screen exist

4. The buyer’s bank officer will block funds in favor of the sellers account at Credit Suisse or send Mt 103/23 to Sellers CS Account (supplied with the countersigned document in step 2).-
MT 103 is a credit transfer and there is no such thing as a conditional MT 103 field 23.

5. After successfully blocking the funds the seller’s bank officer will download the BG to the sellers account at Credit Suisse using the window 12 procedure. Steps 9-10-11 require reserve, blocking & reconfirmation for Mt 760 as per Step 11 .

The bank guarantees will then be delivered to the buyer bank account provided in the ICPO by Steps 9-10-11 by Mt 760 . -

This is all RUBBISH

Best regards,
Patrick

patrickxxxx@gmail.com

for conference call pls call
Dial - (712) 432-1699
Enter Access Code - 616995*

skype:patrickxxxxx
tel 852-9709-xxxx

--
Best regards,
Patrick Lee
hktraderxxx@gmail.com
patrickxxxxxx@gmail.com
skype:greaterxxxxx2008
tel 852-9709-xxxx

for conference call pls call
1-319-741-8100
Access 60040x#

I have edited out some contact info.

[Central Scrutinizer]

Are we going to have trouble with this guy now?

[ElinorW]

You realy don't know what you are talking about. First of all BG is a bank instrument, and any bank instrument (BGs, MTNs, CD, etc etc..) have ISIN's. Also, Interbank Screen exists, it is a private screen. If a BG is loaded on Interbank, you cannot verify it through Euroclear.com (internet) the ISIN can only be verifie by the banking euroclear system. Also on commission, there is no regulation on that, the usual is 1% or as agreed (not realy a big concern/issue).

Also, MT103/23 is Blocking the buyer's funds, meaning he is not transfering his funds and it has a condition (that is what the 23 is for) if you knew what you were talking about you would know better not to say it's not real, but then again, i don't think you know better or understand this buisness.

I think it is safe to say, that everything you just said is indeed "All Rubbish"

Thanks & God bless....

This is a typical Scam targeting naive investors and is a up front fee scam.

Once the funds are transfered, they will all disappear leaving the unqualified broker ( the guy who sent this to me ) holding the bag.

Lack of understanding in the finance industry is the scammers advantage and many have been scammed.

Bank Guarantees are not securities and do not have ISIN numbers.

__________________________________________________ ______________
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Delivered-To: xxxxxxxxxx
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Date: Thu, 10 Sep 2009 15:09:59 +0800
Message-ID: <c17cf0310909100009h7082191j921e4faa6e066087@mail. gmail.com>
Subject: Fwd: hsbc bg 82+1 no pof
From: "Patrick , Hong Kong" <hktraderxxx@gmail.com>
To: Patrick Lee <hktrader001@gmail.com>
Content-Type: multipart/alternative; boundary=0016e648f4b23286c8047333e362
__________________________________________________ ____________

Any interest in bg 82 ,no pof,

Copy of euroclear screen shot available on request

Enquiries welcomed

Patrick

Bank Instruments Particulars

Instrument Type: BANK GUARANTEE – cash backed - /seasoned- BG is not a security.
Maturity-Date: 13th May 2010

ISIN: XS4457239822- Checked Euroclear, Search results Refine search - No results found


Invoice Price: 82% of Face Value

Commission: 1% payable from sell side Standard commission is 0.08%
Value: 50Million Each BG Face Value

First Tranche: 50Million Euro with R & E up to 10,000,000,000,00 Billion

Transaction Procedure

3. Sellers bank officer at Credit Suisse will contact the buyers bank officer to confirm the BG on the Interbank Screen.- No such Screen exist

4. The buyer’s bank officer will block funds in favor of the sellers account at Credit Suisse or send Mt 103/23 to Sellers CS Account (supplied with the countersigned document in step 2).-
MT 103 is a credit transfer and there is no such thing as a conditional MT 103 field 23.

5. After successfully blocking the funds the seller’s bank officer will download the BG to the sellers account at Credit Suisse using the window 12 procedure. Steps 9-10-11 require reserve, blocking & reconfirmation for Mt 760 as per Step 11 .

The bank guarantees will then be delivered to the buyer bank account provided in the ICPO by Steps 9-10-11 by Mt 760 . -

This is all RUBBISH

Best regards,
Patrick

patrickxxxx@gmail.com

for conference call pls call
Dial - (712) 432-1699
Enter Access Code - 616995*

skypeatrickxxxxx
tel 852-9709-xxxx

--
Best regards,
Patrick Lee
hktraderxxx@gmail.com
patrickxxxxxx@gmail.com
skype:greaterxxxxx2008
tel 852-9709-xxxx

for conference call pls call
1-319-741-8100
Access 60040x#

I have edited out some contact info.

[Sapphire's Strike]

@ElinorW

I would suggest that you get your facts correct before posting such nonsense in defence of a scammer.

Here is more for you to read:

http://antifraudintl.org/showthread.php?t=27247

This site is not here for you to slam and challenge a very knowledgable and respected member, who obviously knows far more than you do in this field. Please know that all members on this site work very hard and in a voluntary manner!!

So, to coin the phrase that you rudely used:

I think it is safe to say, that everything you just said is indeed "All Rubbish"

[De Master Yoda]

@ElinorW. If you are not in agreement with what anyone posts, then please answer in a reasonable manner, sensible debate does not involve abusing members, flaming and insults will not be tolerated.

You can take this as an official warning.
Action will be taken if you persist in abusing any member on this forum. DMY

[Templar]

ElinorW

Your points are:

1) Bank Guarantee have ISINs.

2) Interbank Screen Exists.

3) MT103/23 is Blocking the buyer's funds.

Let me try to clarify.

On :

1) Bank Guarantees are not securities and fall under Documentary Credits and Guaranteeshttp://www2.anasys.com/swifthandbook/,

Hence the MT 7XX series and not MT 5XX series that are used for securities.

CUSIP and ISINs Identifiers for Securities.

See :

http://www2.anasys.com/swifthandbook/

http://en.wikipedia.org/wiki/Interna...ication_Number

2) Interbank Screens.

If the screens that branches of a said bank use to check accounts and reports with thir HQ,

yes it does exist, but there is no system that allows Bank X to check anything on Bank Y.

There is the banking Secrecy Act and banks are in competition with one another.

It will amount to Cartelism.

There is no Blue or Grey screens that Joker Brokers or Scammers talked about.

Check with your Banker.

3) MT 103 Field 23 is not for blocked funds. It is an outright credit transfer.


http://www.anasys.com/swifthandbook/


Field Tag Field Name Required contents for Straight-through Messages
:20
Transaction Reference Number
Sender's Unique Number
:23B
Bank Operation Code
Use ‘CRED’ unless otherwise specifically agreed.

MT 103+ Single Customer Credit Transfer


Scope
Message User Group: No
Authenticated: Yes
Max. Length: 10000


Network Validated Rules
C02 If field 71G is present, the currency code in the fields 71G and 32A must be the same.
C81 If field 56 is present, field 57 must be present.
D19 Special rules for IBAN for certain countries apply.
D49 If the country codes of both the Sender's and the Receiver's BIC belong to the D49_CC list, then field 33B is mandatory.
D50 If field 71A contains SHA, then field(s) 71F is(are) optional and field 71G is not allowed.
D51 If either field 71F (at least one occurrence) or field 71G is present, then field 33B is mandatory
D57 In field 71G, Amount must not equal '0'
D67 When field 23E is used more than once, then 'REPA' with 'CORT' is not allowed
D75 If field 33B is present and the currency code is different from the currency code in field 32A, field 36 must be present, otherwise field 36 is not allowed
D97 Subfield 2 of field 23E is only allowed when subfield consists of: 'REPA'
D98 If field 23E is repeated, the codes must appear in a certain order
E01 If field 23B contains the code word 'SPRI', field 23E can contain only the code words 'SDVA', 'INTC'
E02 If field 23B contains one of the code words 'SSTD' or 'SPAY', field 23E must not be used
E04 If field 53B is present, then subfield 1 must be present (party identifier)
E06 If field 55a is present, then both fields 53a and 54a must also be present
E10 Subfield 1 in field 59a is mandatory (account)
E13 If field 71A contains 'OUR', then field 71F is not allowed and 71G is optional.
E15 If field 71A contains BEN, then at least one occurrence of field 71F is mandatory and field 71G is not allowed
E16 If field 23B contains the code word 'SPRI', field 56a must not be used.
E46 If field 23E is repeated, the same code word must not be present more than once
E76 Currency not allowed after 31.December 2001


Format
Status Tag Field Name Content/Options No.
M 20 Sender's Reference 16x 1
----->
O 13C Time Indicator /8c/4!n1!s4!n 2
-----|
M 23B Bank Operation Code 4!c 3
----->
O 23E Instruction Code 4!c[/30x] 4
-----|
O 26T Transaction Type Code 3!c 5
M 32A Value Date/Currency/Interbank Settled Amount 6!n3!a15d 6
O 33B Currency/Instructed Amount 3!a15d 7
O 36 Exchange Rate 12d 8
M 50a Ordering Customer A or K 9
O 52A Ordering Institution [/36x]
11c 10
O 53a Sender's Correspondent A or B 11
O 54A Receiver's Correspondent [/36x]
11c 12
O 55A Third Reimbursement Institution [/36x]
11c 13
O 56A Intermediary Institution [/36x]
11c 14
O 57A Account With Institution [/36x]
11c 15
M 59a Beneficiary Customer A or 16
O 70 Remittance Information 4*35x 17
M 71A Details of Charges 3!a 18
----->
O 71F Sender's Charges 3!a15d 19
-----|
O 71G Receiver's Charges 3!a15d 20
O 72 Sender to Receiver Information 6*35x 21
O 77B Regulatory Reporting 3*35x 22
O 77T Envelope Contents 1000*9000z 23


See :

http://wiki.answers.com/Q/What_is_a_...T_103_field_23

https://www.swiftcommunity.net/commu...stDetail/19781

http://www.swift.com/solutions/by_cu...90122_v1.0.pdf