Gemstones surety scam

[Bagheera]

Originally Posted by foolmenever

An individual named Govind Prasad (sometimes Govind Prasad Srivastava) based in Jersey City, New Jersey is actively promoting federal trading platforms as a way to create funding for "humanitarian projects". He offers to support entry to the platform by transferring gemstones to an account that can be used as collateral to fund the trading platform.

He has a pdf package put together that uses a fake appraiser by the name of Ernest Malbranck (supported with a fake website gaeaa.org), a fake insurance company, The Multinational Insurance Group, with a fake website (tmigc.com). He also claims to use "The Depository of Manhattan" to store billions of dollars worth of precious gemstones (website: http://depositoryofmanhattan.com/).

Not sure what the ultimate angle is, but, obviously, this reeks of potential for fraud.

I think that the scammer is hoping to realise that potential at this moment in time.
I have been requested to fly to New York next week and assess a number of very large gemstones. Ernest Malbranck and Assoc UK are said to have placed a total value of US$25,283,650,000.00 on the items. The stones are stated to be currently insured by The Multinational Insurance Group of Companies and they are being held in a bulk storage facility named Depository of Manhattan.
All very fishy, confirmed by a quick search of the Net. Many thanks for your informative posting.
Bagheera

[Bagheera]

I have been requested to fly to New York next week and assess a number of very large gemstones. An appraisal company, Ernest Malbranck and Assoc UK are said to have placed a total value of US$25,283,650,000.00 on the items. The stones are stated to be currently insured by The Multinational Insurance Group of Companies and they are being held in a bulk storage facility named Depository of Manhattan.
The stated sizes and values placed on these stones were incredible especially since they were alledgedly being held in a bulk storage facility.
It smelt very fishy and this was confirmed by a quick search of the Net. Many thanks for your informative posting Foolmenever.
Bagheera

[Templar]

Bagheera,

He has been around,

Glad that you have managed to track him down and save yourself a trip and

a lot of smoke and mirrors. Talks of PPP etc.

Here are some links about him.

will

http://antifraudintl.org/showthread....=Govind+Prasad

http://www.network54.com/Forum/27708.../1206112105/DD

http://www.network54.com/Forum/27708...-DD+-+03-23-08

Originally Posted by Bagheera

I think that the scammer is hoping to realise that potential at this moment in time.
I have been requested to fly to New York next week and assess a number of very large gemstones. Ernest Malbranck and Assoc UK are said to have placed a total value of US$25,283,650,000.00 on the items. The stones are stated to be currently insured by The Multinational Insurance Group of Companies and they are being held in a bulk storage facility named Depository of Manhattan.
All very fishy, confirmed by a quick search of the Net. Many thanks for your informative posting.
Bagheera

DEPOSITORYOFMANHATTAN.COM WHOIS
Updated: 1 second ago
Registration Service Provided By: TALKING SYSTEMZ CORPORATE
Contact: +91.2226792899
Website: http://www.talkingsystemz.com

Domain Name: DEPOSITORYOFMANHATTAN.COM

Registrant:
Depository of Manhattan
Joseph Redignote (@gmail.com)
28, 2nd Avenue,
New York
New York,10001
US
Tel. +1.347220393

Creation Date: 14-Oct-2006
Expiration Date: 14-Oct-2009

Domain servers in listed order:
ts2.allwebserver.com
ts1.allwebserver.com


Administrative Contact:
Depository of Manhattan
Joseph Redignote (@gmail.com)
28, 2nd Avenue,
New York
New York,10001
US
Tel. +1.347220393

Technical Contact:
Depository of Manhattan
Joseph Redignote (@gmail.com)
28, 2nd Avenue,
New York
New York,10001
US
Tel. +1.347220393

Billing Contact:
Depository of Manhattan
Joseph Redignote (@gmail.com)
28, 2nd Avenue,
New York
New York,10001
US
Tel. +1.347220393

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IT IS A SPOOFED WEBSITE.


The address actually is :http://www.manhattanministorage.com/

[whooelse]

I have seen this supposed facility listed several times for gem deals that I thought were fake. Anyone who knows Manhattan knows that there would be no facility of this type at that address. Even if you don't know it, you can Google street view it and you will see for yourself. There is also no Manhattan Mini Storage at this address.

The web site lists no street number on the address and the wrong zip code. The phone number looks like a cell number.