Kit Menkin's Leasing News  www.leasingnews.org  Tuesday, February 12,2002

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Headlines----Tyco Actively Buying Leasing Portfolio's

    Tyco shareholders sue, saying it lied about finances 

         EAEL/NAELB Joint Atlanta, GA Conference Report    

           UAEL Feb. 22 Funding Retreat-Costa Mesa,CA

               Union Safe Deposit Bank / Orion First Financial

                   More Nigerian e-Mail---"Oh, No, Mr. Bill, Not Again"

   Prominent Financial Professionals to Speak 

             at AFP Retail Industry Forum in Louisville

### denotes press release

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Tyco Actively Buying Leasing Portfolio's

Tyco International has stepped up its thrust to purchase leasing 

portfolio's, with perhaps one intent of "fattening up" the asset.  They 

are 

getting more active in their search, for sure.

Companies interested in selling their portfolio, or parts of it, should 

contact:

Jim Raffensperger

Jim.Raffensperger@cit.com

Director of Sales

The CIT Group

(904)-620-7529

_____________________________________________________________________

Tyco shareholders sue, saying it lied about finances 

By Associated Press 

FORT LAUDERDALE, Fla. (AP) A shareholders suit against Tyco 

International 

Ltd. claims the fast-growing conglomerate routinely obscured its 

finances to 

artificially inflate its stock price. 

Paul Geller, an attorney for the shareholders, said Monday the company 

used 

accounting tricks and hid its true financial condition. 

''The claims are wholly merit less, and we will defend vigorously,'' 

company 

spokeswoman Maryanne Kane said. 

The federal lawsuit, filed Friday in U.S. District court in Fort 

Lauderdale, 

didn't specify how much damages it sought. It claims the company tried 

to 

hide information, for example, with a Securities and Exchange 

Commission 

filing that featured a 47-page list of 2,000 mostly foreign 

subsidiaries. 

Tyco executives capitalized on insider trading and took advantage of an 

acquisition-based bonus system that led them to place their own 

interests 

above those of shareholders, the suit said. 

Bermuda-based Tyco, which is run from Exeter, N.H., already faces a 

class-action lawsuit at federal court in Concord, N.H. The attorneys in 

that 

case hope to expand it to include recent stock declines, which would 

overlap 

the new lawsuit. 

Tyco's stock lost about $60 billion and share prices dropped in half 

after 

Enron's collapse drew attention to other companies' accounting 

practices. 

Tyco has interests in telecommunications, electronics, security, health 

care 

and other areas. 

Monday, shares of Tyco were up $1.92, or 6.4 percent, to close at 

$31.80 on 

the New York Stock Exchange, before gaining another 14 cents in 

extended 

trading. 

On the Net: 

http://www.tyco.com 

________________________________________________________________________

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

EAEL/NAELB Joint Atlanta, GA Conference

Eastern Association of Equipment Lessors/National Association of 

Equipment 

Leasing Joint Meeting In Atlanta, GA., attendance was reportedly down 

from 

last year.

The event held Sunday night and all day Monday drew approximately 100 

people, according to a "reliable attendee."  There were approximately 

25 

funding sources with a guess of 45 representatives, leaving the 

remainder 

there: brokers.

The appointment books were filled up.  Our "reliable attendee" said he 

made 

one contact that was worth his time and expenses.  The total number of 

attendance he said doesn't make it a successful conference, but what he 

comes back with. He said he was very satisfied, in fact, found the 

conference well worth while for future business.

It reminds me the time I used to work auctions, passing out flyers, 

introducing myself to "bidders," as these were buyers and very good 

prospects.  Before working this marketplace, I used to think that the 

larger 

the auction, the better...for sales and higher prices for items 

auctioned.  

>From working one auction crowd, I actually leased some computers to 

the 

auctioneer's company.

In the course of the conversation, I told him I liked to prospect the 

larger 

auctions, and noted that the smaller auctions got the least likely 

bids. He 

said that wasn't correct.

 Don't use a high attendance as the count for a better auction, he told 

me.  

Yes, he liked a better attendance, but the key was serious bidders who 

wanted to buy. He told me it only took two people who wanted the same 

thing 

to make his auction successful.

Kit Menkin, editor

__________________________________________________________________

United Association of Equipment Leasing 

2002 FUNDING RETREAT

Friday, February 22, 2002

COSTA MESA, CA

                                                  WESTIN SOUTH COAST 

PLAZA

                                                  686 Anton Boulevard

                                                  Costa Mesa, CA  92626

                                                  (714) 540-2500

                                                  Note:  Free parking    

                                                    available at the

                                                    South Coast Plaza 

                                                     Shopping Center

                                                  (walk over the bridge 

next 

                                                    to Scotts 

restaurant)

PROGRAM

7:45am

Registration and Appointment Sign-ups

8:00am-8:45am

Town Hall Meeting

                            UAEL Leadership comes to the Members.  What 

can

                            UAEL do for you to help you succeed?  Also, 

an 

                            over-view of current industry trends.

9:00am-12:00pm

One-On-One Appointments

                            Meet eye-to-eye with Funding Sources and 

Service

                           Providers.   Build strong relationships with 

the  

                           people   who can meet your needs in 2002.

12:00pm-1:00pm

NETWORKING LUNCHEON

                                  Mix and mingle with Funding Sources, 

                                    Service Providers

                                  and your fellow Brokers/Lessors over 

lunch.

1:15pm-2:45pm

EDUCATIONAL WORKSHOPS

TIMEVALUE SOFTWARE TRAINING

TimeValue Software publishes TValueTM, the industry standard for 

amortization software.  Learn how to use TValue to structure leases 

with 

advanced payments, skip payments, residuals, and more.  You will learn 

the 

new leasing specific features of New TValue Version 5.  The new release 

of 

TValue 5 will be available at a special UAEL price for all attendees.

CAPITALSTREAM ADVANTAGE TRAINING

Making the Most of Your Automation Investment.

A refresher course on CapitalStream Advantage. Jim Buckles from 

Preferred 

Broker Solutions will instruct on best practices methodology for using 

System 1 (2.5) and CapitalStream Advantage. Topics include Contact 

Management,

CBR Requests, Doc Management, Broadcast Faxing & Reporting.

HUMAN RESOURCES TRAINING

You've hired Leonardo daVinci, Napolean Bonapart,

and Joan of Arc to work for your company.  Trouble is,

they aren't performing as expected...Why does this happen?

Because being a genius or having a reputation that precedes

you doesn't guarantee job fit!

3:00pm-4:30pm

EDUCATIONAL WORKSHOPS

(Repeated for your maximum involvement)

UAEL Member $125 

Non-Member $150 

Additional Employee for Member $80 

Additional Employee for Non-Member $100 

Additional Employee for Exhibitors $75 per event 

Non-Exhibiting Funding Source/Supplier - one event at Regular 

Registration 

$125 

Non-Exhibiting Funding Source/Supplier - subsequent events $450 per 

event 

At the Door Registration 

UAEL Member $150 

Non-Member $175

REGISTRATION FORM

Name:

Company:

Address:

City/State/Zip:

Phone:

Fax:

Email:

Location Attending:

Rate:

Credit Card #:

Expiration Date:

Name on Card:

Joe Woodley, CEO

UAEL - United Association of Equipment Leasing

520 Third Street, #201

Oakland, CA  94607

(510) 444-9235 x27

(510) 444-1346 fax\

jwoodley@uael.org

www.uael.org

Funding Retreat Brochure on line at www.uael.org   as is information 

about

the Spring Conference.  The Costa Mesa Conference will be a sell out, 

so

register early.

Go to www.uael.org for more information-the brochure and registration.

____________________________________________________________________________

NBC OLYMPICS CONTINUE TO PULL TOP AUDIENCE,,, SUNDAY 18.5 RATING/27 

SHARE 

RANKS 3 X OVER NEAREST COMPETITOR... 62 SHARE PEAK IN SALT LAKE CITY 

MARKET... SATURDAY GAMES [17.8/29] GREAT OVER CBS '98 [13.4/22]...

__________________________________________________________________________

       Classified Ad Clarifications

http://65.209.205.32/LeasingNews/JobPosting.htm

Sorry, not going to print any more criticism about our new policy,

unless the sender is willing to let us publish their name, too.

There is no restriction on "Job Wanted" or "Outsourcing."  If an 

individual 

is looking for work, or wants to up-grade their position, or seek work 

elsewhere, their ad is both free and welcome. We have testimonials that 

we 

have found credit, legal, sales and other positions through our "free" 

classified ad.

For a "help wanted," "attorney" or to be listed as a recruiter, the 

requirement is to belong to a leasing association.  These are "company" 

placed ads. If you want to pay thousands of dollars in the local 

newspaper, 

national newspaper, magazine, or anywhere, that is your prerogative.  

It is 

our desire to reward those who belong to a professional leasing 

association.

We are a newspaper first.  We offer free ads to those looking for work.  

As 

a feature for members who belong to leasing associations, we offer help 

wanted, find an attorney, and list recruiters. It is that simple.

 If we did not do this restriction, we would be inundated with ads that 

require a lot of work to keep up, to make changes, to process, and 

there are 

some legal liabilities in "recommending" others, so for the sake of 

solving 

this, we will only place help wanted ads, attorneys, and list 

recruiters who 

are members of leasing associations. At the very least, there is a 

process 

for a complaint against a member who may be reprimanded,exposed to 

ridicule, 

or expelled.

If you get one sale from joining a leasing association, make one 

contact, 

make one friend that will help you in your business life, and perhaps 

personal life, too, that membership is quite a return for the initial 

monetary investment.

Readers can help us by sending the newsletter to a colleague, to 

someone who 

might be interested, and help us build up our readership. editor.

#### ################################################ ##############

Union Safe Deposit Bank Signs Lease

Service Agreement with Orion First Financial, LLC

 (Gig Harbor, WA)  -- Orion First Financial, LLC (Orion) announced that 

it 

has signed an agreement with Union Safe Deposit Bank of Stockton, CA  

(Union 

Safe) to provide complete portfolio servicing to the bank for 

approximately 

1500 lease contracts recently acquired by the bank.

"We are pleased to be working with a progressive bank like Union Safe 

Deposit Bank.  The services provided by Orion First Financial, LLC will 

enable the bank to broaden their lending activities allowing them to 

successfully compete in today's equipment leasing marketplace." said 

David 

T. Schaefer, President and Managing Member of Orion First Financial, 

LLC.

In addition to portfolio servicing Orion provided consulting and 

advisory 

services to Union Safe Deposit Bank by assisting them in locating  

portfolios for acquisition, providing analytical services and in 

negotiating 

of the purchase.  The services provided by Orion allows banks and other 

lending institutions the ability to invest in small ticket, high margin 

leases without additional overhead or the hiring of specialized 

management.  

Orion's services include billing, tax administration, customer service 

and 

all collection activity.

Karl Miller, Executive Vice President of Union Safe Deposit Bank stated 

"The 

success of our bank in the future depends upon our ability to provide a 

wide 

range of services to our business customers, expand our customer base 

and 

increase our profit margins.  Our relationship with Orion First 

Financial 

will enable us to increase  the asset base of the bank with improved 

margins 

in a cost-effective manner.  We look forward to a long relationship 

with 

Orion First Financial."

About Orion First Financial, LLC

Orion First Financial provides a complete and comprehensive suite of 

services to assist lending institutions in all segments of portfolio 

management.  With a concentration in small ticket leasing Orion 

provides 

consulting and advisory services, portfolio administration, tax 

administration and complete collection support.  Orion First Financial 

located in Gig Harbor, Washington employs state of the art technology 

combined with years of management experience to insure that lease 

portfolios 

are handled in an effective manner.

About Union Safe Deposit Bank

Union Safe Deposit Bank was founded in 1897 and is one of the oldest 

independent community banks in California. The Bank's Commercial 

Banking 

Group provides cash management solutions, commercial real estate 

financing, 

and traditional commercial banking services to business and 

agribusiness 

customers.  Additionally, investment management, retirement planning 

and 

traditional trust services are provided to consumers and commercial 

customers by the Bank's Financial Management Group. 

### ######################################### ##############

Prominent Financial Professionals to Speak at AFP Retail Industry Forum 

in 

Louisville

Representatives from Tricon, The Home Depot, Starbucks,   

Kinko's, PETsMART and Burger King Gather During Derby Week  

BETHESDA, Md., / -- Leaders in finance and treasury will gather April 

29-30 

in Louisville, KY for the Association for Financial Professionals' 

(AFP, 

http://www.AFPonline.org ) Retail Industry Forum: Positioning Your 

Organization for Success. The event, which takes place just prior to 

The 

Kentucky Derby weekend at Tricon Global Restaurants, Inc.'s Support 

Center, 

features presentations by speakers from cutting-edge retailers such as 

The 

Home Depot, Starbucks, Kinko's and Burger King in both roundtable and 

panel 

discussion settings. Discussions will focus on topics ranging from 

disaster 

recovery, leasing, payment policies and future trends in banking 

products to 

debit cards and cash management technology tools. 

Keynote speakers include Tricon's CFO David J. Deno and Denise L. 

Ramos, 

senior vice president and treasurer, who will offer their insight into 

how 

this $22 billion restaurant company has transformed since its 1997 

spin-off 

from PepsiCo, and share some global strategies that have enhanced 

shareholder value. 

During the Hot Topics Fair, speakers from major retailers such as 

PETsMART 

and Sears, Roebuck will offer their ideas about purchasing cards, a 

cyberspace-supported bank vault, fraud/loss prevention, and the retail 

industry's economic forecast. 

"Our conference is the only educational conference for financial 

professionals in the retail industry," said AFP's President and CEO Jim 

Kaitz. "Not only will attendees learn new tips to apply on their jobs, 

but 

they'll have the chance to learn from each others' successes by 

networking 

with those who understand their business the most - their industry 

peers." 

Registration fees for forms postmarked by April 1 are $350 for AFP 

members 

and $645 for non-members. Fees increase $100 after this deadline. To 

register or learn more, select "Educational Programs" on AFP's Web site 

or 

call AFP's Member Services department at 301.907.2862. 

The Association for Financial Professionals in Bethesda, Maryland, 

supports 

more than 14,000 individual members from a wide range of industries 

throughout all stages of their careers in various aspects of treasury 

and 

financial management. AFP is the preferred resource for financial 

professionals for continuing education, financial tools and 

publications, 

career development, certifications, research, representation to 

legislators 

and regulators, and the development of industry standards. 

#### ############################################## #############

and of course, we have some more Nigerian e-Mail:

FROM: JEFF OMAR

20 BOTHA CRESCENT, 

SANDTON, JOHANNESBURG,

South Africa. 

Tel: +27-83 590 9550

E mail jeff5800za@yahoo.com   

ATTN: DEAR

I know that this message will come to you as surprise since we don't 

know 

each other before, but for purpose of introduction, I am MR. JEFF OMAR, 

the 

Bank Manager of AMALGAMATED BANK OF South Africa (ABSA) There is an 

account 

opened in this bank in 1980 and since 1990 Nobody has operated on this 

account again. After going through some old files in the records, I 

discovered that if I do not remit this money out urgently itwouldbe 

forfeited for nothing. The owner of this account is Mr. Smith 

B.Andreas, a 

foreigner, and a miner at Kruger gold co., a geologist by profession 

and he 

died since 1990.  No other person knows about this account or any thing 

concerning it, the account has no other beneficiary and my 

investigation 

proved to me as well that his company does not know nything about this 

account and the amount involved is (USD 26M) twenty six million United 

States Dollars million dollars.

I am only contacting you as a foreigner because this Money cannot be 

approved to a local bank here, but canOnly be approved to any foreign 

account because the Money is in us dollars and the former owner of the 

account is Mr. Smith B.Andreas is a foreigner too. I Know that this 

message 

will come to you as surprise As we don't know ourselves before. We will 

sign 

an Agreement, but be sure that it is real and a genuine Business.

 Please reply urgently so that I will inform You the next step to take 

immediately. Send also your Private telephone and fax number including 

the 

full

Details of the account to be used for the deposit. I want us to meet 

face to 

face or sign a binding agreement to bind us together so that you can 

receive 

This money into a foreign account or any account of Your choice where 

the 

fund will be safe. And I will Fly to your country for withdrawal and 

sharing 

and Other investments. I am contacting you because of the Need to 

involve a 

foreigner with foreign account and Foreign beneficiary.

I need your full co-operation to make this work fine Because the 

management 

is ready to approve this payment to any foreigner, who has correct 

information?

Of this account, which I will give to you later immediately, if you are 

capable and willing to handle Such amount in strict confidence and 

trust 

according

To my instructions and advice for our mutual benefit because this 

opportunity will never come again in my Life. I need truthful person in 

this 

business because

I don't want to make mistake I need your strong assurance and trust. 

With my position now in the office I can transfer this money to any 

foreigner's Reliable account, which you can provide with assurance That 

this 

money will be intact pending my physical Arrival in your country for 

sharing. I will destroy All documents of transaction immediately we 

receive 

This money leaving no trace to any place. You can also come to discuss 

with 

me face to face after which I Will ake this remittance in your presence 

and 

two of Us will fly to your country at least two days ahead of The money 

going into the account. I will apply for Annual leave to get visa 

immediately I hear from you That you are ready to act and receive this 

fund 

in Your account. 

I will use my position and influence to effect legal Approvals and 

onward 

transfer of this money to your Account with appropriate clearance forms 

of 

the ministries and foreign exchange departments.  

At the conclusion of this business, you will be given 25% of the total 

amount, 70% will be for me, and while 5% will be for expenses both 

parties 

might have incurred during the process of transferring. I look Forward 

to 

your earliest reply through my email or by My Tel: +27-83 590 9550

Yours truly,  

Mr. JEFF OMAR,

____ 

From: Dr William Smith <williamsmith2k@yahoo.com>

  Subject: jcobban@hotmail.com

                  BUSINESS PROPOSAL.      

DEAR SIR,

I AM DR. WILLIAM SMITH OF THE FEDERAL MINISTRY OF WORKS AND HOUSING 

(MOW) AN 

AUDIT CONTROLLER WITH THE FEDERALMINISTRY OF WORKS HEADQUARTERS IN 

LAGOS.

I GOT YOUR CONTACT THROUGH OUR CORPORATE AFFAIRS UNITOVER THE YEARS 

WHICH 

INDUCED ME TO WRITE AND SEEK YOUR ASSISTANCE TO CONCLUDE A PENDING 

TRANSACTION FOR OUR COMMON BENEFIT.  THE TRANSACTION IS THE TRANSFER OF 

THE 

SUM OF TWENTY FIVE POINT EIGHT MILLION U.S. DOLLARS ($25.8M) TO YOUR 

ACCOUNT.

THIS MONEY IN QUESTION REPRESENT A SURPLUS UNDER EXPENDITURE IN OUR 

MINISTRY'S AUDITED ACCOUNT FOR THE PAST FIVE PRECEDING YEARS ARISING 

FROM 

DELIBERATE OVER-INVOICING IN SUPPLY OF MATERIALS AND INCONSTRUCTION OF 

AN  

ULTRA MODERN HOUSING ESTATE FOR THE PARLIAMENTARIANS.  THE SUPPLY AND 

CONSTRUCTION WERE DULY EXECUTED AND THE SUPPLIERS OF THE MATERIALS AND 

THE 

CONSTRUCTION COMPANIES HAVE BEEN PAID $118 MILLION BEING FULL AND FINAL 

PAYMENT FOR BOTH THE SUPPLY OF MATERIAL AND THE SAID CONSTRUCTION.  THE 

BALANCE OF $25.8M IS OVER-INVOICED PORTION BELONGING TO SELECTED FEW 

OFFICIALS THAT PUT THIS TRANSACTION TOGETHER.

INFACT, I HEADED THE PANEL THAT MADE RECOMMENDATIONFOR PAYMENT OF THIS 

MONEY 

LAST MONTH, AND IT IS REFLECTING IN OUR MINISTRY CURRENT BUDGET AS DUE 

FOR 

PAYMENT IN THIS QUARTER OF THE YEAR.  WE HEREBY SOLICIT FOR YOUR 

ASSISTANCE 

AND CO-OPERATION IN ENSURING THAT THE MONEY WILL BE SAFE IF TRANSFERRED 

TO 

YOUR ACCOUNT FOR OUR MUTUAL BENEFIT.  IF INSTRUCTIONS ARE ADHERED TO 

THE 

FUNDS WILL BE IN YOUR CUSTODY WITHIN 15 WORKING DAYS FROM  INCEPTION 

AND BE 

RESTASSURED THAT IT IS 100% RISK FREE.  AS ALL MODALITIES HAVE BEEN 

WORKED 

OUT.

IF YOU ARE INTERESTED, INDICATE BY CALLING ME OR SENDING ME A FAX OR 

EMAIL.  

IN THAT FAX OR EMAIL WRITE\ YOUR NAME, ADDRESS, TELEPHONE NUMBERS AND 

FAX 

NUMBERS.

OTHER INFORMATION WILL COME TO YOU THROUGH FAX, EMAIL OR TELEPHONE.  

FOR 

RENDERING THESE SERVICES FOR US, WE HAVE RESOLVED AND AGREED THAT YOU 

WILL 

BE ADEQUATELY  OMPENSATED WITH 25% OF THE TOTAL SUM, 10% IS SET ASIDE 

FOR 

EXPENSES THAT MIGHT BE INCURRED BOTH LOCALLY AND INTERNATIONALLY IN THE 

COURSE OF THIS TRANSACTION,WHILE THE REMAINING 65% WILL BE FOR ME AND 

MY 

COLLEAGUES.

THANKS FOR YOUR CO-OPERATION.

SINCERELY YOURS,

DR. WILLIAM SMITH 

-----  

FROM:   BARRISTER SIMEON SADIKU

        OKEAYA INNEH LAW FIRM

        LEGAL PRACTITRIONAL.

        NIGERIA

ATTN: THE PRESIDENT

COMPLIMENTS OF THE SEASON. GRACE AND PEACE AND LOVE FROM THIS PART OF 

THE 

ATLANTIC TO YOU. I HOPE MY LETTER DOES NOT CAUSE YOU TOO MUCH 

EMBARRASSMENT 

AS I WRITE TO YOU IN GOOD FAITH. BASED ON THE CONTACT ADDRESS GIVEN TO 

ME BY 

A FRIEND WHO WORKS AT THE NIGERIAN EMBASSY IN YOUR COUNTRY. PLEASE 

EXCUSE MY 

INTRUSION INTO YOUR PRIVATE LIFE.

I AM BARRISTER  SIMEON SADIKU I REPRESENT MOHAMMED ABACHA,SON OF THE 

LATE 

GEN. SANI ABACHA, WHO WAS THE FORMER MILITARY HEAD OF STATE IN NIGERIA. 

HE 

DIED IN 1998. SINCE HIS DEATH, THE FAMILY HAS BEEN LOOSING A LOT OF 

MONEY 

DUE TO VINDICTIVE GOVERNMENT OFFICIALS WHO ARE BENT ON DEALING WITH THE 

FAMILY. BASED ON THIS THEREFORE THE FAMILY HAS ASKED ME TO SEEK FOR A 

FOREIGN PARTNER WHO CAN WORK WITH US AS TO MOVE OUT THE TOTAL SUM OF 

US$75,000,000.00 ( SEVENTY FIVE MILLION UNITED STATES DOLLARS ), 

PRESENTLY 

IN THEIR POSSESSION. THIS MONEY WAS OF COURSE, ACQUIRED BY THE LATE 

PRESIDENT AND IS NOW KEPT SECRETLY BY THE FAMILY. THE SWISS GOVERNMENT 

HAS 

ALREADY FROZEN ALL THE ACCOUNTS OF THE FAMILY IN SWITZERLAND, AND SOME 

OTHER 

COUNTRIES WOULD SOON FOLLOW TO DO THE SAME. THIS BID BY SOME GOVERNMENT 

OFFICIALS TO DEAL WITH THIS FAMILY HAS MADE IT NECESSARY THAT WE SEEK 

YOUR 

ASSISITANCE IN RECEIVING THIS MONEY AND IN INVESTING IT ON BEHALF OF 

THE 

FAMILY.

THIS MUST BE A JOINT VENTURE TRANSACTION AND WE MUST ALL WORK TOGETHER.  

SINCE THIS MONEY IS STILL CASH, EXTRA  ECURITY MEASURES HAVE BEEN TAKEN 

TO 

PROTECT IT FROM THEFT OR SEIZURE, PENDING WHEN AGREEMENT IS REACHED ON 

WHEN 

AND HOW TO MOVE IT INTO ANY OF YOUR NOMINATED BANK ACCOUNTS. I HAVE 

PERSONALLY WORKED OUT ALL MODALITIES FOR THE PEACEFUL CONCLUSION OF 

THIS 

TRANSACTION. THE TRANSACTION DEFINITELY WOULD BE HANDLED IN PHASES AND 

THE 

FIRST PHASE WILL INVOLVE THE MOVING OF US$25,000,000.00( TWENTY FIVE 

MILLION 

UNITED STATES DOLLARS ).

MY CLIENTS ARE WILLING TO GIVE YOU A REASONABLE PERCENTAGE OF THIS 

MONEY AS 

SOON AS THE TRANSACTION IS CONCLUDED. I WILL, HOWEVER, BASED ON THE 

GROUNDS 

THAT

YOU ARE WILLING TO WORK WITH US AND ALSO ALL CONTENTIOUS ISSUES 

DISCUSSED 

BEFORE THE COMMENCEMENT OF THIS TRANSACTION. YOU MAY ALSO DISCUSS YOUR 

PERCENTAGE BEFORE WE START TO WORK. AS SOON AS I HEAR FROM YOU, I WILL 

GIVE 

YOU ALL NECESSARY DETAILS AS TO HOW WE INTEND TO CARRY OUT THE WHOLE 

TRANSACTION. PLEASE, DO NOT ENTERTAIN ANY FEARS,AS ALL NECESSARY 

MODALITIES 

ARE IN PLACE, AND I ASSURE YOU OF ALL SUCCESS AND SAFETY IN THIS 

TRANSACTION.

PLEASE, THIS TRANSACTION REQUIRES ABSOLUTE  ONFIDENTIALITY AND YOU 

WOULD BE 

EXPECTED TO TREAT IT AS SUCH UNTIL THE FUNDS ARE MOVED OUT OF THIS 

COUNTRY.

PLEASE, YOU WILL ALSO IGNORE THIS LETTER AND RESPECT OURTRUST IN YOU BY 

NOT 

EXPOSING THIS TRANSACTION, EVENIF YOU ARE NOT INTERESTED.

I LOOK FORWARDS TO WORKING WITH YOU.

THANK YOU.

TRULY YOURS

SIMEON SADIKU

---  

  From: Trudi Giffin Kovats <Trudik@americanleasing.com>

Look what I received

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

From: <ibrahimjack@arabia.com>

To: <trudik@americanleasing.com>

Subject: your urgent attention is needed

 IBRAHIM JACK

 THE HOLY CRESCENT MOSQUE

 40/42 AGO PALACE WAY OKOTA -ISOLO

 LAGOS - NIGERIA 

 ATTN: Trudi Griffin-Kovats 

  PERMISSION TO REMIT US$20 MILLION INTO YOUR COMPANY OR PRIVATE 

ACCOUNT

 IT IS MY PLEASURE TO WRITE AND INFORM YOU OF A  TRANSACTION INVOLVING 

THE 

TRANSFER OF US$20,000,000.00  (TWENTY MILLION U.S DOLLARS) ONLY INTO A 

FOREIGN  ACCOUNT FOR SAFEKEEPING PENDING MY ARRIVAL WITH MY  COLLEAGUES 

FOR 

THE SHARING WITH YOU AS THE ACCOUNT  OWNER INTO WHICH THE MONEY IS 

REMITTED.

 YOUR CONTACT WAS MADE AVAILABLE BY MY COLLEAGUE THAT  WORKS AT THE 

CORPORATE AFFAIRS DEPARTMENT OF OUR CHAMBER OF COMMERCE,HE HAS BEEN TO 

YOUR 

COUNTRY FOR  MEETING ON SEVERAL OCCASSIONS.I AM AN  ACCOUNTANT WITH THE 

NIGERIAN NATIONAL PETROLEUM  CORPORATION (NNPC), LAGOS AND THIS MONEY 

ORIGINATED  FROM OVER-INVOICED CONTRACT EXECUTED FOR THE  CORPORATION 

SOME 

YEARS BACK. THIS CONTRACT HAS LONG  BEEN COMPLETED BY A FOREIGN FIRM 

AND THE 

CONTRACTOR  DULY PAID. I NOW SEEK IF YOU WOULD PERMIT THE SURPLUS

 TO BE REMITTED INTO YOUR ACCOUNT. AS A MATTER OF FACT, WE ARE TOP 

GOVERNMENT OFFICIALS AND WE CANNOT  COME OUT OPENLY TO CLAIM THIS 

AMOUNT. 

THIS IS WHY WE ARE LOOKING FOR A COMPETENT AND HONEST COMPANY OR  

INDIVIDUAL 

ABROAD WHOSE DOCUMENTS WOULD BE TENDERED BY  US HERE IN NIGERIA AS ONE 

OF 

THE CONTRACTORS THAT  EXECUTED THE PROJECT. HOWEVER, I WOULD WISH TO  

RECEIVE YOUR PERSONAL ASSURANCE THAT YOU WOULD NOT SIT  ON THE MONEY 

WHEN IT 

GOES INTO YOUR ACCOUNT. MORE  IMPORTANTLY, YOU KEEP CONFIDENTIAL THIS 

TRANSACTION,

 IN ORDER NOT TO TARNISH THE CONFIDENCE REPOSE IN THE  OFFICIALS 

INVOLVED IN 

THIS TRANSACTION.  TO EFFECT THIS TRANSFER, I THEREFORE REQUEST THE  

FOLLOWING: YOUR ACCOUNT NUMBER, THE NAME OF YOUR BANK,  ADDRESS, TELEX, 

TELEPHONE AND FAX NUMBERS WHERE THE  MONEY WOULD BE TRANSFERRED INTO 

AND 

ALSO YOUR PRIVATE FAX AND TELEPHONE NUMBERS FOR QUICK COMMUNICATION. SO 

FAR, 

AFTER DUE CONSULTATIONS, YOU WERE STRONGLY AND  RELIABLY RECOMMENDED TO 

US 

ALTHOUGH WE HAVE NOT MET OR

 ENTERED INTO ANY KIND OF CONTRACT WITH YOU BEFORE AS  TO KNOW THE 

EXTENT OF 

YOUR HONESTY, BUT BASED ON THE  RECOMMENDATIONS, I PERSONALLY WANT TO 

BELIEVE THAT YOU  ARE HONEST ENOUGH AND WOULD NOT SIT ON THE MONEY IF 

FINALLY GOT INTO YOUR ACCOUNT. IT IS ON THIS NOTE THAT I CONSIDER IT 

PROPER 

TO WRITE YOU ASKING FOR YOUR PERMISSION AND SUPPORT TO TRANSFER THIS 

AMOUNT 

INTO YOUR ACCOUNT. YOU SHOULD NOT FEAR ANY RISK BECAUSE WE HAVE 

CONCLUDED 

ARRANGEMENT TO SAVE GUIDE YOU IN THE TRANSACTION. THIS BUSINESS IS 100% 

RISK 

FREE. HENCE IT REQUIRES HIGH LEVEL OF CONFIDENCE AND SECRECY.

 MEANWHILE THIS IS THE BREAKDOWN OF THE SHARING MODALITIES:  A. 10% 

WILL BE 

USED TO SETTLE TRANSFER CHARGES AND LEGAL PROTOCOLS;  B. 30% IS FOR 

USING 

YOUR ACCOUNT; C. 60% OF IT WILL BE FOR US

 THEORIGINATORS.

 BE INFORMED THAT ON COMPLETION OF THIS BUSINESS I WILL USE PART OF MY 

MONEY 

TO INVEST IN YOUR COUNTRY UNDER YOUR CARE. PLEASE NOTE THAT THE 

TRANSFER 

OPERATION WILL TAKE SEVEN TO TEN WORKING DAYS TO BE COMPLETED.

 N.B.: PLEASE CONTACT ME ON THIS E-MAIL ADDRESS: ibrahimj@onebox.com

 MY DEEPEST PRAYERS FOR YOU. 

 IBRAHIM JACK

Dear Sir:

I am a legal practioner and an import-export consultant in West African 

region.

One of my client is interested in investing Millions of Doolars in your

company and she is interested in investing with your company.

Kindly forward all your companys activies to me for immediate 

deccission on 

the investment program.

Total amount to be invested+ $75,000,000,00.usd...Cashi investment 4 

Metric 

tones of AU in dust...Treasure investment decleared...Treasure 

investment 

Origina Democratic reubic of congo.

Immediately i recieve your details i will inform her and feed you with 

her 

arrangements.

Anticipating your i8mmediate reply.

Best regards

Evans Cosky

Tel 00229 40 16 77

Here's another letter requesting money from an African Country.

Ginny

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

From: Nicholas Koromah <nkoromah@yahoo.fr>

To: ginnyyoung@bravacapital.com <ginnyyoung@bravacapital.com>

Date: Tuesday, January 08, 2002 3:24 AM

Subject: DEAR/SIR/MADAM

Dear Sir,Ginny Young

With due respect and humility I write to you this

proposal which I believe would be of great interest to

you.

I am Mrs. DORTHY KOROMAH a Sierra-Leone nationality

and the wife of late Sir PATRICK KOROMAH the Governor

of Central Bank of Sierra-Leone and Director of

Foreign Currency Operation, my husband was murdered in

cool blooded by the rebel forces loyal to Major Foday

Sankoh which resulted to a brutal killing and civil

war in our country before the powerful ECONOMIC

COMMUNITY OF WEST AFRICAN STATES (ECOMOG) FORCES

intervened, me and my son NICHOLAS manage to escape to

Abidjan the Republic of Cote d'Ivoire through the help

of my husband friend who has a fishing trawler. We

came into Abidjan with some valuable including a cash

sum of

USD 18.500.000.00 (Eighteen million five hundred

thousand dollar) in two trunk boxes. I deposited the

boxes with a private Security Company here in Abidjan

with my son NICHOLAS as depositor not the beneficiary.

Due to our political status and the nature of deposit

we cannot serve a beneficiary. The beneficiary must

bear the name of a Foreigner. The documentary power to

appoint beneficiary is with my son NICHOLAS. For your

information we did not disclose the real content of

the boxes to the Security Company and we did not wish

them to know this under any circumstance rather we

deposited the boxes as Family valuables, I therefore

soliciting for your assistance hoping that you are

honest and trust worthy in transferring this money

into your account out of Africa for business

investment in your country. I cannot do this on my own

due to our political status here in Abidjan. We have

in mind to reward handsomely for your assistance we

are prepared to compensate you with 25% of the total

sum of money for your assistance in the transaction.

If you are interested to help us you are required to

visit Abidjan in three working days for the following

reasons.

1.To open a local account in your name here in Abidjan

2.To sign agreement of trust

3.To finalise modalities for the successful transfer

4.To help in paying up the demurrage at the Security

Company

Please ensure that no one else know about this

business; it is extremely confidential. This business

is 100% risk free. You are required to contact my son

NICHOLAS with this number (00225) 07 94 95 54, for

further information your private phone and fax number

is needed for confidential reason.

God bless you

I look forward for your soonest reply

Best regard's

MRS DORTHY KOROMAH

</PRE>

>

---  

From: adnan yusuf <adnanyusuf@hotvoice.com>

To: bem@mccormick-associates.com

Subject: Business Overture

INDEPENDENT HOUSE,

LAGOS, NIGERIA.

Dear sir,

We, (my colleagueas and I) have an immediate business proposal

that involves a substantial amount of money, which we will like

to use for investment purposes under your custody for your country,

with you as our Expertriate Partner.

Please, do not hesitate to contact me, so as to discuss with

you the details of the transaction and the terms and condition

of regarding the business transaction.

Your urgent response will be highly appreciated and will swiftly

bring us to the commencement of the transaction. We hope to

conclude this transaction within 10-12 working days and you

can please be assured that this transaction does not run contrary

to any international laws.

Do not forget to contact me on the receipt of this mail on the

above e-mail address and please be informed that you have to

maintain absolute confidentiality as regards this pending transaction.

I urgently await your response.

Best Regards,

Adnan Yusuf.

---   

FYI.

Nate Pfeifer

AXIS Capital, Inc.

308-381-1634

FAX 308-384-9547

npfeifer@axiscapitalinc.com

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

From: Dr. Daniel Musheshe [mailto:daniel47mushe@yahoo.com]

Sent: Wednesday, January 02, 2002 6:36 PM

To: npfeifer@axiscapitalinc.com

Subject: Urgent Assistance

FROM: MR. TUNDE IGE

TEL: 234-1-7757617

FAX: 234-1-7597171

I saw your contact on the internet and decided to

approach you for an urgent deal through your company.

I am the son of Late Chief Bola Ige, former Minister

of Power and Steel, present Minister for Justice in

Nigeria who was assassinated on the 23rd of December

2001. My family is under tension now because, before

my father's death, he told me that he has US$125M (One

hundred and Twenty five Million US Dollars) in a

suspense account with a security company in Ghana. He

explained to me that why he has to keep this money is

a suspense account of a security outfit outside

Nigeria is to protect his job as this money was

realized from gratification of contracts he awarded

during his tenure as the Minister for Power and Steel.

As the next of kin to my late father Chief Bola Ige, I

want to front your company as the recipient of this

funds and have it lodged in your account for onward

disbursement between you and me.

For your acceptance to receive this money into your

account, you will be entitled to 40% of the total

amount of the funds while 60% is for me.

Upon your acceptance of this proposal, we will enter

into a memorandum of understanding (MOU). We will also

visit the security organization in Ghana, West Africa.

This will enable us to familiarize ourselves. I will

also on this trip instruct that the funds be released

to your account and we will travel together to the

place of your account for possible disbursement

immediately.

This transaction will take about 48hrs to be executed.

There is no hitch.

I need your urgent reply.

Regards,

Mr. Tunde Ige

---  

From: John Craine <johnc@thepowernet.com>

Don't know if you're interested in any more of these but here ya go!

***********************

John Craine, Sr. Director Business Development

PowerNet Financial Group

a division of Madison Capital, LLC

www.thepowernet.com

(800) 348-2288

(509) 695-3091 fax

johnc@thepowernet.com

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

From: fash badmus [mailto:fbadmus_1@yahoo.com] 

To: fbadmus_1@yahoo.com

Subject: PLEASE HELP

DEAR SIR, 

MY NAME IS MR.FASH BADMUS, I AM A PRIVATE ATTORNEY AND

I HAVE A CLIENT WHO IS INTERESTED IN INVESTING SOME

GOOD MONEY IN YOUR COMPANY. 

MY CLIENT IS A VERY IMPORTANT AND PROMINENT PERSON WHO

HAS MANDATED ME TO CONTACT YOU OR YOUR COMPANY FOR A 

VERY IMPORTANT BUSINESS TRANSACTION. MY CLIENT IS BY 

NAME MRS. MARYAM ABACHA AND SHE IS THE WIFE OF A LATE 

MILITARY HEAD OF STATE IN MY COUNTRY. 

HER HUSBAND LATE GENERAL SANNI ABACHA MADE A LOT OF 

MONEY THROUGH OIL PROCEEDS DURING HIS TENURE IN 

OFFICE. INFACT, IT WAS DISCOVERED AFTER HIS DEATH 

THAT HE WAS WORTH WELL OVER $4.5 BILLION UNITED STATES

DOLLARS AND SOME OF THIS MONEY WAS RETRIEVED AFTER HE 

DIED WHILE SOME WAS RECOVERED FROM OFFICIALS THAT 

SERVED UNDER HIM DURING HIS REIGN AS PRESIDENT OF 

NIGERIA. 

THE TRUTH OF THIS CASE IS THAT MY CLIENT DESPITE THE 

PROBLEM SHE IS GOING THROUGH NOW, SHE STILL HAS A LOT 

OF MONEY IN HER POSSESSION. WHICH SHE INTENDS TO 

INVEST OUTSIDE OUR COUNTRY. 

WHAT MY CLIENT NEEDS FROM YOU NOW IS A RELIABLE 

ACCOUNT WHERE SHE CAN TRANSFER SOME MONEY BUT MIND 

YOU, ALL THE MONEY IN HER POSSESSION CAN NOT LEAVE AT 

ONCE BECAUSE SHE NEEDS TO BUILD CONFIDENCE AND TRUST 

IN SOMEONE WHO WOULD NOT EXPOSE HER PLAN TO REMIT AND 

POSSIBLY INVEST IN YOUR COMPANY. SO SHE HAS AGREED 

THAT I SHOULD MAKE ARRANGEMENT FOR THE TRANSFER OF 

$45.5 MILLION UNITED STATES DOLLARS AND YOU ARE FREE 

TO NEGOTIATE YOUR MODE OF COMPENSATION EVEN IF SHE 

INTENDS TO INVEST THE MONEY IN YOUR COUNTRY. 

PLEASE, DO NOT HESITATE TO INDICATE YOUR VIEW OF THIS 

REQUEST BY CONTACTING ME IMMEDIATELY YOU RECEIVE THIS 

MAIL, SO THAT THE NECESSARY ARRANGEMENTS CAN BE MADE 

FOR THE MONEY TO LEAVE IMMEDIATELY. 

DUE TO THE PRESENT SITUATION OF MY CLIENT, I WOULD BE 

HAPPY IF THIS REQUEST CAN BE KEPT A SECRET. I WOULD 

ALSO LIKE TO NOTE THAT THERE IS NO RISK INVOLVED. 

I HOPE MY CLIENT WOULD BE HAPPY INVESTING WITH YOU. 

SINCERELY YOURS 

FASH BADMUS (ESQ)

---  

From: KINGSLEY MBU <kimbus@omaninfo.com>

  Subject: URGENT BUSINESS RELATIONSHIP

  To: kimbus@omaninfo.com1

>From the desk of MR. KINGSLEY MBU

DIRECTOR: PROJECT INSPECTION(NNPC)

FAX NO: 234-1-7590198

ATTN: THE PRESIDENT/CEO

Dear Sir,

May I respectively invite your kind attention to the above subject 

matter 

based on information gathered from a relevant source at FEDERAL 

MINISTRY OF 

TRADE, COMMERCE AND TOURISM, and to solicit your assistance

in the execution of this business transaction. It is our sincere 

conviction 

that you will handle this transaction with absolute  confidentiality, 

maturity and utmost sense of purpose.

I wish to inform you that we have FORTY-SIX MILLION US DOLLARS 

($46Million), 

which accrued from deliberate inflated contracts awarded by the Federal 

Ministry of Petroleum Resources from my Corporation, Nigerian National 

Petroleum Corporation (NNPC) during the past

military regimes and executed by a consortium of multinational 

companies in 

the Oil Industry. The project executed are as follows:

(1)  The expansion of Pipeline Network within Nigerian for Crude oil    

and 

Downstream products distribution and subsquent evacuation.

(2)  Turn Around Maintenance (TAM) of three Oil Refineries namely: Port 

Harcourt, Warri and Kaduna.

(3)  The construction of storage tanks for Petroleum Products (Depots).

Consequently, we humbly request your gracious assistance towards the 

transfer of the above stated sum into a personal off-shore account to 

be 

nominated by you. And be rest assured that this transaction is

100% risk free. There is no risk involved on both sides as we have 

covered 

all avenues or risk. Feel free to ask questions. We are also in 

position to 

link you if you are interested in NIGERIA CRUDE OIL from

(NNPC).

We agreed to offer you 20% of the total amount involved for your 

assistance 

while 5% will be mapped out to cover expenses made in course of the 

transfer.

For now all correspondence must strictly be by email or fax for 

security 

reasons.

Awaiting your urgent response.

Yours faithfully,

MR. KINGSLEY MBU

  ( And we have more, but this is long enough. Will print at another 

time, 

as it appears we all are continuing to receive "Nigeria e-Mail."  

editor )

 

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