Kit Menkin’s Leasing News  www.leasingnews.org 

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Headlines—

 

   Finova Emerges

        ToLeaseIt.com Signs Distribution Agreement With U.S. Wireless Data 

          NetUPDATE, Inc. Acquires DocuTouch Corporation

            Streamlined Sales Tax Project --ELA  

                Wienermobile Celebrates 65^th Birthday

                   More Nigerian Money

                     CIT’s Bob Cragin Drives a Company Car   

 

### denotes press release

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Finova Emerges

 

Finova Group Inc. announced that it emerged from Chapter 11 bankruptcy

protection on August 21 after borrowing $5.6 billion from Berkadia LLC,

which was formed to bail out the company.   A federal bankruptcy court had

approved the reorganization plan earlier this month, giving a 50 percent

stake in Finova to the bailout partnership formed by Berkshire Hathaway Inc.

and Leucadia National Corp.  The plan called for a $6 billion loan, but

Finova chose to borrow less because it deemed it sufficient for the

reorganization, the company said.  The commercial lender said it will use

the loan to pay creditors 70 cents on the dollar, as well as the full amount

of interest.  The reorganization plan provides that the rest of the $11

billion Finova debt will be covered by eight-year promissory notes at 7.5

percent interest.

 

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  ( attention: Microfinancial/Leasecomm )

 

ToLeaseIt.com Signs Distribution Agreement With U.S. Wireless Data

 

 

NEW YORK--( --U.S. Wireless Data, Inc. (USWD) (OTC: USWE), a leading provider of wireless payment services, and ToLeaseIt.com, a leader in leasing services for a broad range of business equipment, including point of sale (POS) terminals and accessories, have signed an agreement under which ToLeaseIt.com will distribute USWD's Synapse Adapter(TM) product.

 

Under the agreement, ToLeaseIt.com has purchased Synapse Adapters from USWD and will market them through its vendor leasing channels on the ToLeaseIt.com website.

 

The Synapse Adapter enables merchants to convert their dial-up POS terminals to wireless with "plug and play" simplicity. By switching from dial-up to wireless transmission of credit card transactions, merchants can save on communications costs and improve transactions speeds.

 

"We are excited to offer a solution for retailers who want a low-cost alternative to a second business telephone line from the local telephone company," said Erik Zucker, President of ToLeaseIt.com. "U.S. Wireless Data's product provides merchants with a wireless alternative for savings and faster transactions."

 

"ToLeaseIt.com is providing a creative and affordable business leasing solution that complements our wireless services. We are confident that this relationship will increase the use of the Synapse Adapter at the point of sale," said Christopher O'Hara, President of U.S. Wireless Data, Inc.

 

ABOUT TOLEASEIT.COM

 

ToLeaseIt.com, based in Jericho, New York, offers leasing services to thousands of businesses throughout the United States through its national network of affiliates. ToLeaseIt.com provides leasing packages with speed, low-cost, and convenience in the computer and business equipment marketplace. ToLeaseIt.com has over two decades of leasing expertise with a primary focus in leasing low-ticket equipment

 

($500-$10,000).

 

ABOUT U.S. WIRELESS DATA

 

U.S. Wireless Data, Inc. (www.uswirelessdata.com), founded in 1991, markets Synapse, its proprietary technology for wireless point of sale and ATM transactions. By providing a seamless interface among terminal manufacturers, wireless carriers, and payment processors, Synapse enables payment card and ATM transactions to be processed extremely fast, without the cost and inconvenience of a telephone line. Synapse's Internet-based tools offer on-line, real-time transaction monitoring, remote diagnostics and automated terminal activation. NXT, the company's wholly owned subsidiary, provides landline transaction and data transport solutions to the transaction industry, and processes more than 500 million transactions each year. U.S. Wireless Data is headquartered in New York City.

 

Forward-Looking Statements: Except for historical information contained herein, this news release contains forward-looking statements that involve risk and uncertainties. While the management of U.S. Wireless Data, Inc. believes that current expectations reflect reasonable assumptions, actual results could vary materially depending on risks and uncertainties. The reports filed by USWD pursuant to United States securities laws contain detailed discussions of these factors and certain other risks. USWD assumes no obligation to update this information. Readers are advised to review these reports (which are available from the United States Securities and Exchange Commission's EDGAR database at http://www.sec.gov and at various other reference facilities in the United States).

 

CONTACT: 

 

ToLeaseIt.com

 

Erik Zucker, 516/750-9788

 

erikz@toleaseit.com

 

or

 

U.S. Wireless Data, Inc.

 

Daniel Lamb, 212/905-0344

 

dlamb@uswirelessdata.com

 

or

 

Investor Relations Contacts:

 

Lippert/Heilshorn & Associates

 

William A. Walkowiak, CFA

 

Ryan Daniels

 

212/838-3777

 

william@lhai.com

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NetUPDATE, Inc. Acquires DocuTouch Corporation

 

 

DocuTouch Document Management and Digital Signature Capabilities to Be  

 

Integrated Into the NetUPDATE Platform 

 

REDMOND, Wash., / -- NetUPDATE, Inc. today announced it has acquired Seattle-based DocuTouch(TM) Corporation, a leader in document management and digital signatures.  The acquisition is an important addition to the NetUPDATE Transaction Platform.  With the DocuTouch addition, NetUPDATE will support the ability to securely store, route, collaborate on and even digitally sign everyday business documents.

 

"The DocuTouch technology provides a critical component to our platform," said Tom Gonser, CEO and co-founder of NetUPDATE.  "DocuTouch's Secure Internet Document Exchange (SIDEX) technology has tremendous synergy with our solution.  The combination of NetUPDATE's transaction tools and DocuTouch's document management system will provide all of our users with the most advanced and easiest-to-use solution for managing document-centric business transactions."

 

The DocuTouch tools will first appear as part of NetUPDATE's initial product, LoanUPDATE(SM), the "Virtual Loan Assistant."  The solution specifically targets the inefficient and expensive loan processes in the $1.5-trillion Mortgage Industry.

 

According to industry analysts, the entire mortgage process takes 30-45 days to complete.  It can involve more than 100 documents and over 40 participants.  In addition, all the participants use disconnected channels of communication such as E-mail, fax, postal mail, and courier, further complicating and lengthening the process.

 

"All the inefficiencies in the mortgage process lead to overhead costs from $2,000 to $3,000 per loan," said Gonser.  "This year, that translates into over $28 billion in loan processing expense.  By integrating the DocuTouch technology into LoanUPDATE, we will be able to greatly reduce the time and processing costs involved in closing a mortgage."

 

With DocuTouch's powerful document management tools, LoanUPDATE gains the ability to digitally manage all mortgage files.  This, combined with LoanUPDATE's already strong communication capabilities, significantly increases the value of the solution as a virtual loan assistant.  Ultimately, the integrated functionality enables LoanUPDATE to help mortgage professionals manage all the communication and documents in one secure, shared environment.

 

The end result is increased loan volume, decreased loan closing times and back-office costs.  Acting just like a real loan assistant, LoanUPDATE manages all of the administrative tasks associated with originating mortgages like distributing applications, collecting documents and keeping all parties informed of the transaction.  This enables mortgage originators to spend more time on "high-value" tasks, such as generating more business and providing personalized customer service.

 

"This is a very powerful value proposition for mortgage professionals," said Gonser.  "With the DocuTouch capabilities integrated into LoanUPDATE, originators will ultimately be able to close a mortgage without printing a single piece of paper -- while working with their existing loan software. This is the future of the mortgage industry, and the DocuTouch acquisition puts us firmly in the lead," added Gonser.

 

"In the past, companies have failed because they have deployed technology solutions without integrating them into pre-existing workflow processes," said Gonser.  "By integrating tools like DocuTouch into LoanUPDATE and into their existing software, it becomes just another option available to them in context with the way they currently work.  We like to say we make powerful technology useful by hiding it."

 

The NetUPDATE platform is currently deployed in the LoanUPDATE solution, and has been chosen by Fannie Mae as an important part of their online infrastructure.  The Company expects to create similar solutions for other financial services segments over next few years.

 

About NetUPDATE, Inc.

 

NetUPDATE, Inc. is a leading software and services provider for the financial services sector.  Its solutions integrate financial information, streamline workflow processes and enhance communication among all parties involved in complex transactions.  Currently focused on the mortgage industry, NetUPDATE offers LoanUPDATE(SM), the "Virtual Loan Assistant" (www.loanupdate.com), in addition to a loan origination software (LOS) product, Byte, The Qualifier Series(TM).  NetUPDATE customers and partners include Qpoint Mortgage, National City Mortgage, Countrywide, Flagstar, Fannie Mae, Freddie Mac, DEXMA, Onyx Software, IMX Exchange and The Performance Group.

 

NetUPDATE's headquarters are located at 6675 185th Ave. NE, #200, Redmond, WA 98052.  Telephone:  425-453-9950.  Web Site:  www.netupdate.com.

 

About DocuTouch Corporation  

 

DocuTouch (www.docutouch.com), established in 1998, is a leading provider of document management and digital signatures for mortgage, insurance, leasing, healthcare and legal markets.  Its solution delivers time and cost efficiencies that come from managing, signing, closing and archiving legally binding contracts and transactions entirely online.  PC Magazine, in a technical review by Edward Mendelsen, rated the DocuTouch online application "as solid as Fort Knox."  DocuTouch has also been named to LocalBusiness.com's "50 Companies To Watch" in first quarter.  Headquartered in Seattle, the company is funded by Timberline Ventures, Irwin Ventures, and Mitsui & Co.

 

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 Equipment Leasing Association

 

The Streamlined Sales Tax Project is about to take a significant step as installation of the software based system is being completed for the online operations at three retailers.  George Abi-Esber, Director, Tax & Government Affairs Department, TAXWARE International, Salem, Massachusetts reports finishing touches are being completed at O.C. TANNER, CONTROL-O-FAX, and RMA with the system soon to be operational.  The next meeting of the Streamlined Sales Tax Project is scheduled for this week, Thursday and Friday, August 23-24, at the Hilton Minneapolis/St. Paul Airport in Minneapolis, Minnesota. 

 

 Dennis Brown

DBROWN@ELAMAIL.COM

 

 

__________________________________________________________________

 

A company car

 

I drive a company car.

 

Bob Cragin

Bob.Cragin@cit.com

 

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65 Years on the Hot Dog Highways - and Still Hauling Buns

  

   Celebrate 65 years of Hotdogging history. This year marks the 65th

   anniversary of the Oscar Mayer WIENERMOBILE, originally leased by

   Steve Dallas’s father-in-law, Ivan Gonnif.  Since it made its debut

   in 1936, the WIENERMOBILE has been a familiar sight on the hot dog

   highways of the United States, bringing family fun to millions. It was

   originally Kosher, and I bet you didn’t know that either.

 

___________________________________________________________________ Nigerian Money

 

Hey Kit,

 

The Nigerian Money transfer scammers have just kicked it up a notch.  They

are now making the messages "semi-personalized" and this one really tugged

at my heartstrings.  While I would categorize most of the e-mail we get on

this as "spam", this one comes with out the normal reference to the brother

or cousin of the assassinated general or leader of the finance ministry.

This is a completely new and creative twist that is obviously designed to

lead me to the conclusion that I, at the very least, met this individual at

the International Franchise Exposition in Washington DC. Notice that this

message makes no reference to any amount of money like the previous ones

that use and amount of $30MM in US dollars. LeaseNOW had a booth at the

International Franchise Expo this past April and while there are people that

attend from around the world, I didn't particularly notice that Nigeria was

well represented. At any rate you can decide whether or not to pass it on to

the leasingnews readers.

 

Bob Rodi,CLP

President

LeaseNOW, Inc.

drlease@leasenow.com

www.leasenow.com

1-800-321-LEAS (5327)x 101

 

 

DEAR SIR,

I AM ONE OF THOSE THAT ATTENDE THE LAST IFE , AM

SENDING THIS PROPOSAL TO YOU BECAUSE I KNOW YOU WILL

BE ABLE TO HANDLE IT WELL FOR ME .

PLS I BEG YOU TO HANDLE CONVERTLY AND SEAL

PLEASE PERMIT ME TO APOLOGISE SHOULD MY REQUST CAUSE

YOU ANT SURPRISE BECAUSE OF NO PREVIOUS RELATIONSHIP

BETWEEN US.

 

SEVERAL FUNDS, WHICH HAVE BEEN ON HOLD DUE TO

LOGISTICS PROBLEMS, MIGHT BE RETURNED TO THE FEDERAL

GOVERNMENT TREASURY IN LESS THAN ONE-MONTH FOLLOWING

DIRECTIVES FROM THE MINISTRY OF FINANCE TO “WRITE OFF”

ALL SUCH UNCLAIMED FOREIGN DEBTS. I SINCERELY KNOW

WHAT BENEFITS YOU WILL ENJOY IF THIS DOES NOT OCCUR

AND SUCH FUNDS ARE SUCCESSFULLY UTILIZED BY YOU. AS AN

EXECUTIVE DIRECTOR IN THE APEX BANK AND THE NEW HEAD

OF THE INTERNATIONAL WIRE AND TELEX SECTION, I HAVE AN

ANSWER FOR YOU. THIS MONEY CAN BE CREDITED TO A BANK

ACCOUNT OF YOUR CHOICE, NOMINATED BY YOU. IF YOU WILL

ONLY ACCEPT MY CONDITIONS AND ABIDE BY IT, WE CAN

EXECUTE THE TRANSFER WITHIN 72 HOURS.

 

WE COULD ASSIST EACH OTHER BY (1) WORK OUT A GOOD

PERCENTAGE OF THE MONEY PAYABLE IMMEDIATELY AFTER THE

MONEY IS CREDITED TO YOUR ACCOUNT (2) YOU WILL ASSIST

IN THE MOVEMENT OF MY SONS OUT OF NIGERIA TO YOUR

COUNTRY. ONCE RECEIVED AND COMNFORTABLY SETTLED, I

WILL THEN PUNCH AND RELEASE THE ENABLING SORTING CODE

AND PASSWORD FOR A SWIFT TELEGRAPHIC TRANSFER (KTT) OF

THE MONEY TO YOUR DESIGNATED ACCOUNT WITHIN 24 HOURS

(3) YOU MUST PROMISE TO RE-TRANSFER THE FUND INTO

ANOTHER ACCOUNT WITHIN 3 WORKING DAYS OF BEING

CREDITED TO YOUR ORIGINAL ACCOUNT. THIS IS A SECURITY

MEASURE.

 

FINALLY, IF YOU ARE READY TO COLABORATE WITH ME,

PLEASE CONFIRM YOUR BANK DETAILS WHERE YOU WOULD LIKE

ME TO CHANNEL THE FUND. THIS IS A LAST RESORT AND A

GOLDEN CHANCE OF GETTING THESE FUND. GET IN TOUCH WITH

ME THROUGH THE ABOVE ADDRESS FOR FURTHER GUIDE LINES.

 

BE GUIDED.

 

JOHN TOMIWA

CBN HEADQUARTERS, WUSE DISTRI

 

And here is one we have not seen before:

 

  DR.ABIO KEAZORS.   

TEL:234 1 759 8183          

FAX:234 1 759 5963

Dear Sir, It is my great pleasure to write this letter to you. Firstly I must solicit your

strictest confidence in this subject. This is by virtue of it's being utterly confidential and top secret.

 A member of the NIGERIA EXPORT PROMOTION COUNCIL (N.E.P.C.) who was part of the Federal Government Delegation to your country during a Trade Exhibition gave your particulars to me. I have decided to seek a confidential operation with you in the execution of the deal described hereunder for the benefit of all parties and I hope that you keep it top secret because of the nature of the business. Within the Department of MINES AND POWER where I now work as a Director of Engineering and Projects and with the co-operation of four other very top government officials, including the erstwhile chair of the Contract Review Panel, we have under our controls overdue contract payment bills totaling Thirty-Eight Million Six Hundred Thousand United States

Dollars(US$38,600,000.00),which we want to transfer to a foreign account, with the assistance and cooperation of a foreign company to receive the said funds on our behalf or a reliable foreign individual account to receive the funds. The source of the fund is as follows: During the last military Government of GENERAL SANNI ABACHA here in Nigeria, the government set up the PETROLEUM TRUST FUND to handle the Billions of Dollars of oil Revenue Accruing to Nigeria, this was to give the government some credibility. Unfortunately, top government officials set up companies and awarded themselves contracts from the Petroleum Trust Funds which were grossly over invoiced. The present civilian government is not aware of the atrocities committed by

their predecessors and as result we have many such over invoiced contract payment pending and floating at the Central Bank of Nigeria. I as the former director of Bulk PURCHASE at the petroleum trust fund before it was handled overt the civilian government, I am aware of these funds and I have put together, with the cooperation of my colleagues the sum of Thirty-Eight Million, Six Hundred United States Dollars(US$38,600,000.00) contract payment. However, by virtue of our position as civil servants, we cannot acquire this money !in our name. I was therefore delegated as a matter of urgency by my colleagues to look for an oversea partner into whose account we would transfer the funds hence we are writing you this letter. The present civilian Government is determined to pay foreign contractors all the debts owed so as to maintain an amicable relationship with both the foreign Government and the Non Government Financial Agencies. We have decided to include our bills for approval with the cooperation of some officials of the ACCOUNTANT GENERAL OF THEFEDERAL GOVERNMENTOF NIGERIA. We seek your assistance in providing us with a good

company account or personal account into which we can remit this money, you will be acting as an ORGINAL CONTRACTOR in this deal, the funds will be paid to you. This we can do by SWAPPING of account information and changing of the beneficiary information to apply for payment, and prepare letters of claim a

and job description on your behalf. This process would be an internal arrangement with the departments! concerned and we will handle this here, your duty into act as the contractor and have the contract sum paid to you.  have the authority of my partners involved to propose that should you be willing to assist us in this transaction, your share as compensation will beUS$9,650,000 (25%), US$27,020,000.00 (70%) for us andUS$1,930,000.00(5%)for taxation and miscellaneous expenses. We will like to invest our share in any profitable venture in your country and we will greatly appreciate your assistance in this directions we cannot bring money into Nigeria. The business itself is 100% safe and fail proof, provided you treat it with utmost secrecy and confidentiality, your line of specialization does not matter as it cannot hinder the successful execution of this transaction. I have reposed my confidence in you and I hope you will not disappoint me. Mail or call me on 234 1759 8183, and send me fax on 234 1

 759 5963 to indicate your willingness to assist us. I will bring the complete picture of the transaction to your knowledge when I have heard from you.

Thanks for your cooperation,

DR. ABIOLA KEAZORS.___________________________

 

 

FROM  DR KODJO APETI.

AUDITING  AND ACCOUNTING  UNIT.

FOREIGN REMITTANCE DEPT.

INTERNATIONAL  BANK OF AFRICA

LOME - TOGO.

TELEPHONE 228-05-51-52

 

ATTENTION:

 

I am  DR KODJO APETI, the director  in charge of

auditing and accounting  section of international bank

of Africa Lome-Togo in  west Africa with due respect

and regards.

I have decided  to contact  you on a business

transaction that will be very beneficial to both of us

at the end of the transaction.

 

During our investigation and audting in this bank, my

department came across a very huge sum of money

belonging  to a deceased  person  who died on November

 1997 in a plane crash and the fund  has  been dormant

in his account

with this bank  without  any claim of the fund in our

custody either from his family or relation before our

discovery to this  development.

 

Although personally, I kept this information secret

within myself and partner to enable the whole plans

and idea be pofitable and successful during the time

of execution.The said amount was USD$14m (fourtheen

million united states dollars).

As it may interest you to know, I got your impressive

information through my good friend who works with

chamber of commerce on foreign business relations here

in Lome-Togo. It is him who recommended your person to

me to be viable and capable to champion a business of

such magnitude without any problem. Meanwhile all the

whole arrangement to put claim over this fund as the

bonafide next of kin to the deceased, get the required

approval and transfer this money  to a foreign account

has been put in place and directives and needed

information will be relayed to you as soon as you

indicate your interest and willingness to assist us and

also benefit your self  to this great business

opportunity.

 

In fact I could have done this deal alone but because

of my position in this country as a civil servant, we

are not allowed to operate a foreign account and would

eventually raise an eye brow on my side during the

time of transfer because I work in this  bank. This is

the actual reason why it will require a second party

or fellow who will forward claims as the next of kin

with affidavit of trust of Oath to the bank and also

present a foreign  account where he will need the

money to be re-transferred  into on his request as it

may be after due verification and clarification by

designation bank account.

 

 I will not fail to inform you that this transaction

is 100% risk free. On smooth conclusion of this

transaction, you will be entitled to 30% of the total

sum as gratification, while 10% will be set aside to

take care of expenses that may arise during the time

of transfer and also telephone bills, while 60% will

be for me and my partners. Please, you have been

advised to keep top secret as we are still in service

and intend to retire from service after we conclude

this deal with you. I will be monitoring the whole

situation here in this bank until you confirm the

money in your account.

And ask us to come down to your country for subsequent

sharing of the fund according to percentages

previously indicated and further investment, either in

your country or any country you advice us to invest

in. All other necessary information will be sent to you

when I hear from you. I suggest you get back to me as

soon as possible stating your wish in this deal.

 

Yours faithfully,

 

DR KODJO APETI.

 

DEAR SIR,

 

I WISH TO INTRODUCE MYSELF TO YOU. I AM COL. IBRAHIM

MUSTAPHA (RTD), ELDER BROTHER TO MAJOR HAMZA AL

MUSTAPHA WHO WAS THE FORMER CHIEF SECURITY OFFICER

TO THE MILITARY DICTATOR OF NIGERIA, GENERAL SANI

ABACHA. THE LATE GENERAL SANI ABACHA DIED UNEXPECTEDLY

ON THE 8TH OF JUNE 1998. HIS COLLEAGUES IN THE ARMY

POISONED

HIM IN THE PRESIDENTIAL VILLA (ASO ROCK) BECAUSE HE RULED

NIGERIA WITH AN IRON HAND.

 

WITH THE DEATH OF THE DICTATOR, ELECTIONS WERE HELD IN

THE COUNTRY AND A CIVILIAN ADMINISTRATION WAS SWORN

INTO POWER. WITH THE ADVENT OF THE NEW CIVILIAN

ADMINISTRATION, A DECISION WAS TAKEN BY THE PRESIDENT

OF NIGERIA TO PROBE AND PROSECUTE ALL MILITARY OFFICERS

THAT SERVED IN THE LAST MILITARY REGIME OF THE LATE

GENERAL SANI ABACHA. MY BROTHER, MAJOR HAMZA AL

MUSTAPHA WAS SINGLED OUT BY THE GOVERNMENT OF THE

DAY AS AN ARMY OFFICER THAT MUST BE PUNISHED BECAUSE

OF HIS CLOSENESS TO THE LATE DICTATOR AND GROSS HUMAN

RIGHT ABUSES ON THE CITIZENS OF NIGERIA. MY BROTHER AND

I WERE BEST OF FRIENDS AND HE SHARED ALL HIS SECRETS

WITH ME.

 

THE FORMER CHIEF SECURITY OFFICER TO THE LATE HEAD OF

STATE MAJOR HAMZA AL MUSTAPHA HAD PRIVATE ACCOUNTS

THAT ARE WORTH HUNDREDS MILLION UNITED STATES

DOLLARS AROUND THE WORLD. PRESENTLY HE HAS BEEN

ARRESTED BY THE GOVERNMENT OF THE DAY AND IS

PRESENTLY HELD IN PRISON ON TRUMPED UP CHARGES ON

BEHALF OF THE STATE. I WAS DIRECTLY INFORMED BY MY

CONTACTS AT THE PRESIDENTIAL VILLA, THAT HE WILL BE

CONVICTED BECAUSE OF HIS POSITION AS THE FORMER CHIEF

SECURITY OFFICER TO THE LATE DICTATOR.

 

SHORTLY BEFORE THE PRESENT GOVERNMENT ARRESTED MY

BROTHER, HE ENTRUSTED TO ME THE SUM OF US$30.5M FOR

SAFEKEEPING. THIS AMOUNT WAS TO BE SENT TO HIS MISTRESS

IN LEBANON TO LAUNDER FOR HIM. I HAVE SINCE HAD THIS

AMOUNT WITH ME STASHED AWAY A PRIVATE SECURITY

COMPANY IN NIGERIA. I CANNOT SEND THIS MONEY TO MY

BROTHER'S MISTRESS ANY MORE BECAUSE OF THE SITUATION

OF THINGS OVER HERE. I NEED YOUR ASSISTANCE IN MOVING

AND SECURING THIS MONEY IN YOUR ACCOUNT ABROAD. I WILL

ADEQUATELY COMPENSATE YOU WITH 20% OF THE TOTAL SUM

FOR YOUR ASSISTANCE AND CO-OPERATION WITH ME TO MOVE

THIS FUND OUT OF THE COUNTRY.

 

THE PRESENT ADMINISTRATION COLLECTIVELY RETIRED

NINETY-TWO SERVING OFFICERS INCLUDING MYSELF A COUPLE

OF MONTHS AGO. THIS MONEY IS NOT SAFE WHERE IT IS KEPT

ANY MORE BECAUSE THERE ARE INDICATIONS THAT ALL THE

RETIRED OFFICERS MIGHT HAVE THEIR ESTATE CONFISCATED

AS PART OF THE CURRENT SANITATION EXERCISE TO STOP

CORRUPTION IN THE COUNTRY. ALREADY OUR VARIOUS

PRIVATE BANK ACCOUNTS HAVE BEEN FROZEN PENDING THE

OUTCOME OF THEIR INVESTIGATION AND WE ARE BEING

CLOSELY MONITORED. I INTEND TO SAFEGUARD AND INVEST

THIS AMOUNT OF MONEY ABROAD WITH A

RELIABLE FOREIGN BUSINESS PARTNER SO THAT WE CAN

INVEST THE FUNDS IN REAL ESTATE BUSINESS IN YOUR

COUNTRY. THAT IS WHY I AM SOLICITING YOUR ASSISTANCE AND

COOPERATION AS REGARDS THIS BUSINESS. ARRANGEMENTS

HAVE BEEN CONCLUDED WITH A SECURITY COMPANY THAT HAS

FOREIGN OFFICE IN EUROPE TO RECEIVE THE MONEY IN CASH,

DEPENDING ON WHERE IS CONVENIENT FOR YOU.

 

PLEASE INDICATE YOUR WILLINGNESS TO ASSIST ME BY

SENDING TO ME THE FOLLOWING AS THE BENEFICIARY

INFORMATION; BENEFICIARY'S NAME, ADDRESS AND YOUR

PRIVATE PHONE AND FAX NUMBERS SO THAT I CAN CONTACT

YOU AND COMMENCE THE TRANSACTION IN EARNEST. I

AM WAITING TO HEAR FROM YOU VERY SOON.

 

BEST REGARDS.

 

COL. IBRAHIM MUSTAPHA (RTD)

 

 

~~~  

 

Hi Kit - Here is a familiar scam in a different package, so to speak. Just

thought I'd pass it along.

John Kenny

Receivables Management

PO Box 471

North Grafton,  MA  01536

ph 508-839-1992

fax 309-273-9049

Please visit us http://RM1.homestead.com/Home.html

ReceivablesMgmt@prodigy.net

The Solution to Your Credit & Accounts Receivable Needs

A Proud Member of Associated Credit Managers, Inc.

 

 

----- Original Message -----

From: "Janet Camara" <janny_cama@yahoo.com>

To: <mrobey@colocu.com>

Sent: Tuesday, July 31, 2001 12:21 AM

Subject: URGENT TRANSFER

 

 

From:Janet Camara

Tel: 22505746348

 

Dear  Sir,

 

 

With due understanding l solicit your assistance in a

mutually benefiting transaction even though we have

not met before. Your contact was made available to me

in the trade center office here in Abidjan, Cote

divorce in search of a reliable and trust worthy

person to transact an urgent business with.

I am Mrs. Janet  Camara, the wife of Chief Peter

Camara, a former Board Member of Sierra Leone Diamond

Mining Corporation who lost his life in one of the

civil disturbances championed by the rebel forces of

Forday Sankoh in my country Sierra Leone.

Before my husband died ,he was in charge of

disbursement of finance for the purchase of ammunition

during the civil unrest. He was entrusted with so much

money that he secretly diverted the sum of

USD25.Million out of our country for his personal use.

He freighted this money out of Sierra Leone in a trunk

box as precious stone to Abidjan Cote d`ivoire where

he deposited it with deposit house as African Artworks

belonging to his foreign partner. This is specified in

the deposit documents issued to my husband on the day

of deposit which are at the moment in my custody. More

over in the deposit agreement, it was stated that the

foreign partner must be physically present on the day

of collection of the box

On my husband’s hospital bed before he finally died he

instructed me and my son Joseph to leave our country

for Abidjan should he die with our son  since l was

already aware of the deposit and he directed me on

where to collect  the documents and that l should not

tamper with the deposit not until a cease fire is

initiated in Sierra Leone.

Now that there is a cease fire in Sierra Leone, l have

the intention of withdrawing this deposit from the

security for onward transfer abroad for investment. In

this case since it was stipulated in the deposit

agreement that my husband’s foreign partner must be

physically present on the collection day, l solicit

your assistance to act as my husband’s partner. This

will require your coming down to Abidjan where we will

visit the security company together for the retrieval

  of the box. This transaction is 100% risk free as

the security company have been intimated of my

husbands death since long ago l have also told them

that you will soon be here in Cote d`ivoire for the

collection.

I am expecting your urgent response and bear in mind

that at the conclusion of this transaction ,you will

make arrangements for our relocation to your country

where you guide and direct us in the investment of the

fund.

Please call me on this telephone number 22505746348

for more details.

 

~~~~  

 

AHMED WADUD ESQ

AHMED  & ASSOCIATES

BOOK SHOP BUILDING, 11TH FLOOR

23 BROAD STREET,

LAGOS - NIGERIA

 

 

SIR,

 

 

I AM AHMED WADUD ESQ (SAN) SENIOR PARTNER OF AHMED & ASSOCIATES LAW CHAMBERS, A LAWYER/ATTORNEY TO HAMZA AL MUSTAPHA WHO WAS THE FORMER CHIEF SECURITY OFFICER TO THE MILITARY DICTATOR OF NIGERIA, GENERAL SANI ABACHA. THE LATE GENERAL SANI ABACHA DIED UNEXPECTEDLY ON THE 8TH OF JUNE 1998. HIS COLLEAGUES IN THE ARMY POISONED HIM IN THE PRESIDENTIAL VILLA (ASOROCK) BECAUSE HE RULED NIGERIA WITH AN IRON HAND AND HE DID NOT WANT DEMOCRACY IN THE COUNTRY.

 

WITH THE DEATH OF THE DICTATOR, ELECTIONS WERE HELD IN THE COUNTRY AND A CIVILIAN ADMINISTRATION WAS SWORN INTO POWER. WITH THE ADVENT OF THE NEW CIVILIAN ADMINISTRATION, A DECISION WAS TAKEN BY THE PRESIDENT OF NIGERIA TO PROBE AND PROSECUTE ALL MILITARY OFFICERS THAT SERVED IN THE LAST MILITARY REGIME OF THE LATE GENERAL SANI ABACHA. MY CLIENT, MAJOR HAMZA AL MUSTAPHA WAS SINGLED OUT BY THE GOVERNMENT OF THE DAY AS AN ARMY OFFICER THAT MUST BE PUNISHED BECAUSE OF HIS CLOSENESS TO THE LATE DICTATOR AND GROSS HUMAN RIGHT ABUSES ON THE CITIZENS OF NIGERIA. MY CLIENT AND I WERE BEST OF FRIENDS AND HE SHARED HIS SECRETS WITH ME.

 

 

THE FORMER CHIEF SECURITY OFFICER TO THE LATE HEAD OF STATE MAJOR HAMZA AL MUSTAPHA HAD PRIVATE ACCOUNTS THAT ARE WORTH 100 MILLION UNITED STATES DOLLARS AROUND THE WORLD. PRESENTLY HE HAS BEEN ARRESTED BY THE GOVERNMENT OF THE DAY AND IS PRESENTLY IN PRISON WAITING TO BE TAKEN TO COURT ON CHARGES OF GROSS HUMAN RIGHT ABUSES ON THE CITIZENS OF NIGERIA. I WAS DIRECTLY INFORMED BY MY CONTACTS AT THE PRESIDENTIAL VILLA, THAT HE WILL BE CONVICTED BECAUSE OF HIS POSITION AS THE FORMER CHIEF SECURITY OFFICER TO THE LATE DICTATOR.

 

SHORTLY BEFORE THE PRESENT GOVERNMENT ARRESTED MY CLIENT, HE ENTRUSTED TO ME THE SUM OF TWENTY -SIX MILLION, FOUR HUNDRED THOUSAND UNITED STATES DOLLARS (us$26,400,000.00) FOR SAFEKEEPING. THIS AMOUNT WAS TO BE SENT TO HIS MISTRESS IN LEBANON TO LAUNDER FOR HIM.

 

I HAVE SINCE HAD THIS AMOUNT WITH ME STASHED AWAY A PRIVATE SECURITY COMPANY IN NIGERIA. I CANNOT SEND THIS MONEY TO MY CLEINT'S MISTRESS ANY MORE BECAUSE OF THE SITUATION OF THINGS OVER HERE. AS A RESULT OF THIS I HAVE BEEN MANDATED BY MY CLIENT TO SOLICIT FOR A PARTNER ABROAD WHO IS WILLING AND READY TO ASSIST IN RECEIVING THE $26.4 MILLION. THEREFORE,

 

I NEED YOUR ASSISTANCE IN MOVING AND SECURING THIS MONEY IN YOUR ACCOUNT ABROAD. YOU WILL BE ADEQUATELY COMPENSATED WITH 15% OF THE TOTAL SUM FOR YOUR ASSISTANCE AND CO-OPERATION WITH ME TO MOVE THIS FUNDS OUT OF THE COUNTRY.

 

I INTEND TO SAFEGUARD AND INVEST THIS AMOUNT OF MONEY ABROAD WITH A RELIABLE FOREIGN BUSINESS PARTNER SO THAT WE CAN INVEST THE FUNDS IN REAL ESTATE BUSINESS OR ANY VIABLE BUSINESS IN YOUR COUNTRY. THAT IS WHY I AM SOLICITING YOUR ASSISTANCE AND COOPERATION AS REGARDS THIS BUSINESS. ARRANGEMENTS HAVE BEEN CONCLUDED WITH A SECURITY COMPANY IN EUROPE TO RECEIVE THE MONEY IN CASH DEPENDING ON WHERE IS CONVENIENT FOR YOU.

 

PLEASE INDICATE YOUR WILLINGNESS TO ASSIST  US.

 

I AM WAITING TO HEAR FROM YOU VERY SOON.

 

BEST REGARDS,

 

AHMED WADUD ESQ

 

From: Ronald Minassian <ronald@metnet.com>

  Subject: [Fwd: Urgent Assistance]

  Date: Sun, 12 Aug 2001 15:24:39 -0700

  To: Kit Menkin <kitmenkin@leasingnews.org>

 

 

 

Subject: Urgent Assistance

   Date: Sun, 12 Aug 2001 01:55:59 -0700 (PDT)

   From: adamu shagari <seun_shagari_1@yahoo.com>

     To: seun_shagari_1@yahoo.com

 

Subject: Urgent Assistance

   Date: Sun, 12 Aug 2001 05:06:38 -0700 (PDT)

   From: adamu shagari <alh_adamu_shagari_1@yahoo.com>

     To: alh_adamu_shagari_1@yahoo.com

 

Subject: Urgent Assistance

   Date: Sun, 12 Aug 2001 05:51:10 -0700 (PDT)

   From: Adamu shagari <alh_adamu_shagari11@yahoo.com>

     To: alh_adamu_shagari11@yahoo.com

 

VVVVVVVVVV

 

same message i copied & pasted below

 

 

-------- Original Message --------

Subject: Urgent Assistance

Date: Sun, 12 Aug 2001 05:06:38 -0700 (PDT)

From: adamu shagari <alh_adamu_shagari_1@yahoo.com>

To: alh_adamu_shagari_1@yahoo.com

 

                              ALHAJI ADAMU SHAGARI.

                              Lagos, Nigeria

                              FAX NO: 234 1 7594693

 

Private Address:alhadamushagari@presidency.com

                alh_adamushagari@myself.com

 

ATTN.: THE MANAGING DIRECTOR / C. E. O.

 

REQUEST FOR URGENT (CONFIDENTIAL BUSINESS RELATIONSHIP

 

OF THE TRANSFER OF US$45,560,000.00 (FORTY FIVE

MILLION, FIVE HUNDRED AND SIXTY THOUSAND UNITED STATES

 

DOLLARS ONLY).

 

I hope this letter will not embarrass you since we

have not had any previous communication. I got your

reference from the United States (your country) trade

department under private enquiry that is not related

to my aim of writing you this letter and went further

to have it confirmed by the Nigeria Exports Promotion

Council(NEPC).

 

I, on behalf of my other colleagues from different

Federal Government of Nigeria owned parastatals

decided to solicit your assistance as regards the

transfer of the above stated amount into your bank

account. This fund arose from the over-invoicing of

various contracts awarded in my parastatals to certain

 

foreign contractors some time ago.

 

We as holders of official positions in various

parastatals, were mandated by this new civilian

government to scrutinize all payments made to certain

foreign contractors by the past Military Government

and we discovered that some of the contracts they

executed were grossly over-invoiced, either by

omission or commission. Also we discovered that the

sum of $65,560,000.00 (Sixty-Five Million, Five

Hundred and Sixty Thousand United States Dollars Only)

 

was lying in a suspense account, although the foreign

contractors were fully paid their entitlements after

executing the said contracts. We all agreed that the

over-invoiced amount be transferred (for our own use)

into a bank account provided by a foreign partner, as

the code of conduct of the Federal Civil Service does

not allow us to operate foreign accounts.

 

However, we have succeeded in transferring some of

these money, precisely US$20,000,000.00 (Twenty

Million United States Dollars Only) into a foreign

account in GENEVA (SWITZERLAND). But

unfortunately, the provider of the account has severed

 

all forms of contacts with us as he has refused to

adhere to our earlier mutual agreement insisting that

the total amount be paid into his nominated bank

account before disbursement will take effect. If for

US$20M (Twenty Million United States Dollars Only) we

are not compensated, how can one guarantee full

compensation on remittance of the balance of

US$45.560M (Forty-Five Million, Five Hundred and Sixty

 

Thousand United States Dollars Only).

 

We are therefore seeking your assistance based on the

balance amount of US$45.560M, which can be speedily

processed and fully remitted into your nominated bank

account. On successful remittance of the fund into

your account, you will be compensated with 25% of the

amount for assistance and services and 5% set aside

for expenses contingency.

 

This transaction is closely knitted and in view of our

 

SENSITIVE POSITION we cannot afford a slip, I assure

you that this transaction is 100% risk free. We will

avail you with our identities as regards our

respective offices, when relationship is fully

established and smooth operation commences. I am at

your disposition to entertain any question(s) from you

 

in respect of this transaction, so contact me

immediately through the above and fax number or

through my direct email address

alhadamushagari@presidency.com or

alh_adamushagari@myself.com for further information on

 

the requirements and procedure. Please note that the

DEAL needs utmost confidentiality and your immediate

response will be highly appreciated and we will use

our own share of the money to establish a lucrative

business in your country.

 

Please you should contact me immediately with your

private fax and telephone numbers where further

details in respect to this transaction would be sent

to. Please do not disregard my email for any reason

because it was addressed to and from myself, it is for

security reason to avoid problem.

Yours truly,

 

ALHAJI ADAMU SHAGARI.

 

 

 

 

 

 

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