Headlines----NAELB Membership Down 30%
Comdisco to Sell 2 Leasing Businesses to GE Capital
Internet Business Int. & Return Assured Talk Falls Apart
CapitalStream Announces New Chief Operating Officer
TIB To Offer BancPartners Private LabelNew Funding Sources
De Lage Landen Financial Services names Pat Neary VP Sales
Glut of Used Cars on the Market Place Due to Zero % Interest
More Nigeria E-Mail
### denotes press release
National Association of Equipment Leasing Brokers Membership Down 30%
We had about 415 NAELB members in 2001 Dues fees did not increase.
Meetings & Membership Manager
5024- R Campbell Blvd.
Baltimore, MD 21236
December, 2000 membership was reported as 475. June, 2001 598
Leasing News is working on up-dating all association membership and dues
with a full report when completed.
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CapitalStream Announces New Chief Operating Officer
Commercial finance automation leader promotes Jeffrey S. Dirks to oversee operations groups
Seattle, WA - - CapitalStream (www.CapitalStream.com) a Seattle-based provider of patent pending, commercial finance automation technology for banks, financial institutions and manufacturers today announced the promotion of Jeffrey S. Dirks to the position of Chief Operating Officer. As part of the promotion, Dirks will now oversee CapitalStream's client services, product management, product development and all other operational responsibilities. Dirks brings more than 15 years of operations management, software engineering and enterprise project management to the position.
"Given the significant growth of our business we have consolidated our key operational elements under Jeff," said Stephen Campbell, president and CEO, CapitalStream. "Jeff's team is responsible for new product capabilities, implementation, and customer service. His group will strengthen our leadership in providing technology solutions for the lease financing and financial service industries."
Dirks has led product technology at CapitalStream for more than three years, first as Vice President of Product Technology and most recently at Executive Vice President and e-Commerce Operating Officer. He has been integral in the evolution of CapitalStream's FinanceCenter* solution, working closely with customers like Bank of America, Merrill Lynch and Siemens Financial Services.
Prior to joining CapitalStream Dirks worked throughout the financial software industry as Vice President of Product Deliver at HK Systems, Vice President of Engineering for Endura Software, and Director of Consulting for FourGen Software as well as working as an engineer for IBM. Dirks earned a Bachelor's degree in Computer Science from the University of Washington.
Seattle-based CapitalStream automates and streamlines commercial finance processes for banks, finance companies, and manufacturers. CapitalStream - FinanceCenter*, a patent pending technology, reduces processing time, lowers costs, and enables companies to cost effectively take advantage of new business opportunities by automating manual processes for leases, loans, lines of credit, and credit cards. CapitalStream, an established industry leader for more than six years with deep knowledge about the inner workings of the financing world, has helped hundreds of financial organizations increase their competitiveness, customer service and profitability.
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To bring the Classified Ad section into conformity, except for Job Wanted,
effective January 1, 2002, the placement of the ad requires membership
in an equipment leasing association.
The purpose of this is to insure that the company follows the code of ethics
and standard of conduct as required in membership to a professional leasing
association. This policy also re-emphasizes our belief in the benefits
of joining a lease association.
This new policy does not apply to individuals seeking employment.
Letter from the Editor
Striking it Richthe rise and fall of popular capitalism.
If you can find a copy of the January 14th, New Yorker magazine,
I highly recommend this article by John Cassidy, starts on page 62.
Lambeau Field, Green Bay, was a lot of fun, except the 49ers did not
win. The people are extremely friendly, helpful, and very nice. All
the Packer fans where we were tailgating near offered us food, beer, bloody
Marys, help, and were very glad to see us. We made many friends. People who
will visit us at Candlestick next season.
And these Packers know how to tailgate, believe me!!!
We had dinner the night before at Bret Favres Steakhouse, met some Packer players, Farve really eats here, and after winning a game, has a dinner for
his team mates, which is the talk of the fans. Dinner is a two hour wait unless you get their at 4:30pm or 5pm as we did, and only had a 45 minute wait ( so met many people in the bar). Had a booth. Food was fantastic. More than you can eat. Great service; outstanding. And I ordered Duckhorn Merlot from the menu, so I was very, very happy with my Prime Rib Bret Favre cut. This is a great restaurant.
I would recommend staying at the Hilton next door, as it looked more
convenient, although we liked the Regency downtown. Most of the people on the plane were Packer fans flying in from the Bay Area ( they come from all over the United States, not just Green Bay ). In our section, the 50 yard, eleven rows
up from the 49er bench, we were the only Niners around. In fact, when I walked into the stadium wearing my hat with pins and leather jacket, Mariucci waived to me from the field ( we were the only 49ers on this side and pre-game he saw us walking to our seats ). It snowed the day before and on the way back we had to have the plane de-iced, but the day was relatively warm. Also they serve beer in large mouth plastic bottles through the game to your seat. And they tail gate afterwards, as leaving everyone wanted to give us condolences and invited
us to stop and have a drink or eat some food. The great small town atmosphere was everywhere. What a great group of people who live in Wisconsin and the surrounding area.
Kit Menkin, editor
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Comdisco to Sell Two Leasing Businesses to GE Capital Commercial Equipment Financing
ROSEMONT, Ill--Comdisco (NYSE:CDO)
-- Agreement Reached to Sell Electronics and Laboratory & Scientific Units
-- Court Hearing to Approve Transactions Scheduled for January 24, 2002
-- Company Expects to Complete Evaluation for Other Leasing Businesses by
January 31, 2002
Comdisco, Inc. (NYSE:CDO) announced Monday that it has agreed to sell its Electronics and Laboratory & Scientific leasing businesses to GE Capital's Commercial Equipment Financing unit. GE Capital is the financial services unit of the General Electric Company (NYSE:GE). The agreement is subject to approval by the U.S. Bankruptcy Court for the Northern District of Illinois at a hearing scheduled for January 24, 2002.
Under the terms of the agreements, GE Capital Commercial Equipment Financing will pay Comdisco approximately $665 million, with future contingent payments based on various portfolio performance criteria. The consideration includes the assumption of related secured debt. If approved, the sales are expected to close by no later than March 31, 2002.
Comdisco also said that, as part of its comprehensive evaluation process to maximize business enterprise value for its stakeholders, it expects to complete its evaluation of its remaining Leasing businesses
-- Information Technology (IT), Telecommunications and Healthcare -- by January 31, 2002. The company said it received bids for all of the business units during the Court-supervised auction process that concluded in December 2001, and that all of the bids must stay open until January 31, 2002.
Norm Blake, Comdisco's chairman and chief executive officer, said, "The board concluded that the consideration offered for the Electronics and Laboratory & Scientific assets represents the highest value we could expect to receive and we are confident that these businesses and their customers will benefit from the unparalleled reputation and tremendous resources of GE Capital Commercial Equipment Financing. With respect to our other equipment leasing businesses, we expect to conclude our review by January 31, 2002."
Comdisco, Inc. and 50 domestic U.S. subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Illinois on July 16, 2001. The filing allows the company to provide for an orderly sale of some of its businesses, while resolving short-term liquidity issues and enabling the company to reorganize on a sound financial basis to support its continuing businesses. Comdisco's operations located outside of the United States were not included in the Chapter 11 reorganization cases. All of Comdisco's businesses, including those that filed for Chapter 11, are conducting normal operations. The company has targeted emergence from Chapter 11 during the first half of 2002.
Comdisco (www.comdisco.com) provides technology services worldwide to help its customers maximize technology functionality and predictability, while freeing them from the complexity of managing their technology. The Rosemont (IL) company offers leasing to key vertical industries, including semiconductor manufacturing and electronic assembly, healthcare, telecommunications, pharmaceutical, and biotechnology. Through its Ventures division, Comdisco provides equipment leasing and other financing and services to venture capital backed companies.
Internet Business International and Return Assured Decline To Pursue Merger
( Lending on Line does Leasing )
LAS VEGAS--(BUSINESS WIRE)-- --Internet Business International Inc. (OTC BB:IBUI) the Internet commerce, communications, marketing and financial services company, and Return Assured Inc. (OTC BB:RTRN), developer of the "Return Seal of Approval," today announced their mutual decision not to pursue a merger.
The companies signed a definitive merger agreement in June of 2001, but litigation involving Return Assured and Concordia Capital of San Diego, and Michael Rose et al delayed timely completion of the merger.
The transaction proposed on June 6, 2001 was to be accomplished through a reverse triangular merger that would have resulted in the shareholders of IBUI owning 90% of the total outstanding shares of the combined companies on a fully diluted basis.
"At the time the deal was announced, the merger made great business sense and held the potential to create real value for IBUI shareholders," said Al Reda, CEO of IBUI. The delay brought about by Concordia Capital's litigation with Return Assured regarding the deal placed an undue burden on our ability to merge in a satisfactory time frame. We have the utmost respect for the president and chairman of Return Assured, Matt Sebal, and we wish him and Return Assured the best."
"We still see the opportunity for potential synergies between our companies, but won't pursue those synergies due to the effect of Concordia Capital's involvement in the proposed merger," said Sebal. "We wish IBUI the best in their future ventures and look forward to moving ahead."
Internet Business International (www.ibui.net) conducts business over the Internet through four operating divisions: Lending On Line (real estate loans and equipment leasing), ISP (Internet access dial-up service, Web services and wireless high-speed access in select areas of Nevada and California), E-commerce (auction, transaction and reverse auction sites in Europe and the United States), and Direct Marketing (long distance phone, wireless high-speed bandwidth, Web design and hosting services, and Internet-access computers).
IBUI has seven U.S. and one European office and more than 60 employees worldwide. For additional information, contact IBUI Investor Relations toll-free: 866/441-8901 or via e-mail: firstname.lastname@example.org.
About Return Assured
Return Assured has developed a proprietary B2C and B2B value-added "Return Seal of Approval" for the electronic retail community that vets retailers with high standards and then indemnifies the consumer with a "no-hassle" guarantee in support of that particular retailer's return and customer service policy. For more information of Return Assured Inc. and its exclusive "Return Seal of Approval," visit the company's Web site at http://www.returnassured.com.
Rich Schineller, 973/633-0888 Ext. 110 email@example.com
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Creating New Funding Opportunities---
TIB To Offer BancPartners Private Label Equipment Leasing Program
New program will assist community banks in customer retention; obtaining quality earning assets; and generating significant fee income.
TIB The Independent BankersBank and BancPartners Leasing Corporation announced today that TIB will begin offering BancPartners private label equipment leasing program to their independent community banks.
This comprehensive, turnkey program allows community banks to begin offering equipment leasing as a financing option for commercial customers with little additional risk or overhead.
One of the most common requests we receive from our customer banks is for assistance in obtaining earning assets. The BancPartners equipment leasing program can assist community banks in adding quality assets to their books in addition to generating additional fee income, noted Gayle M. Earls, President and CEO of TIB. We are pleased to be able to offer our customers another valuable tool for keeping their current customers and attracting new relationships.
The BancPartners program makes it easy for the banks to implement and administer the program by providing complete training, marketing, sales, credit, documentation, billing, collections, and tax reporting.
Warren Hawkins, CEO of BancPartners commented, We are delighted to be working with an outstanding organization like TIB and look forward to assisting TIB with bringing a profitable new service to their customer banks.
Chartered in 1981, TIB is one of the nations largest bankers banks, providing correspondent banking products and services to more than 900 independent community financial institutions. Based in Dallas, Texas, TIB also has offices in New Mexico, Louisiana, and Oklahoma. TIB can be found on the Internet at www.tibsite.com.
BancPartners Leasing Corporation is one of the largest independent leasing companies in the Southeast and Southwest U.S. with offices in Dallas and Austin, TX, Birmingham, AL, Nashville, TN, and Atlanta, GA. Its private label leasing program is one of the most comprehensive programs offered to community banks. BancPartners can be found on the Internet at www.bancpartners.com.
BancPartners Leasing, Inc.
Phone Number: (205) 979-1700
( courtesy of ELAonline.com )
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De Lage Landen Financial Services names Pat Neary Vice President of Sales for its Office Equipment Strategic Business Unit
De Lage Landen Financial Services, a leading international provider of high-quality manufacturer and vendor finance programs, has named Pat Neary as Vice President of Sales for its Office Equipment Strategic Business Unit.
In his new position, Neary, 37, will oversee all aspects of sales, field sales management and strategy for the SBU, the company's core business unit and the established industry leader in private label small ticket leasing.
He will report directly to William Stephenson, Vice President and General Manager of the Office Equipment SBU.
A 13-year veteran of De Lage Landen, Neary joined the company in 1988 as a District Manager in San Antonio, Texas. In 1990, he was promoted to Regional Director and in 1993 was appointed Financial Manager for Major Accounts and Healthcare.
In 1995, he was named Director of Sales for the Central Region and a year later, Director of Sales for the Western Region.
He is a 1986 graduate of the University of Texas at Arlington with a B.A. degree in Marketing.
De Lage Landen Financial Services is part of De Lage Landen, an international provider of high-quality asset-finance products. The company has offices and joint ventures in 18 major countries throughout Europe and the Americas.
Specializing in asset financing and vendor finance programs internationally and concentrating domestically on a broad range of leasing and trade finance products, De Lage Landen in 2000 grew its net profit to $50 million (€54 million) and its balance sheet to $8.4 billion (€9.1 billion) in assets.
For more information, visit our Web site at www.delagelanden.com.
Sites of Reference:http://www.delagelanden.com
CONTACT:Marc DonahueDe Lage Landen Financial Services
Phone Number: 610 386 5030 Fax Number: 610 386 5038
( courtesy of ELAonline.com )
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_________________ More Nigeria E-Mail
fromLevans cosky evanks@firstname.lastname@example.org
Sunday, January 13,2002 5:31pm
I am a legal practioner and an import-export consultant in West African
One of my client is interested in investing Millions of Dollars in your
company and she is interested in investing with your company.
Kindly forward all your companys activities to me for immediate decision on
the investment program.
Total amount to be invested+ $75,000,000,00.usd...Cash investment 4 Metric
tones of AU in dust...Treasure investment declared...Treasure investment
Original Democratic republic of Congo.
Immediately I receive your details I will inform her and feed you with her
Anticipating your i8mmediate reply.
Tel 00229 40 16 77
Here's another letter requesting money from an African Country.
From: Nicholas Koromah <email@example.com>
To: firstname.lastname@example.org <email@example.com>
Date: Tuesday, January 08, 2002 3:24 AM
Dear Sir,Ginny Young
With due respect and humility I write to you this
proposal which I believe would be of great interest to
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
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
1.To open a local account in your name here in Abidjan
2.To sign agreement of trust
3.To finalize modalities for the successful transfer
4.To help in paying up the demurrage at the Security
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
MRS DORTHY KOROMAH
What say we do this and split the profits?
Sounds like a can't-lose air-tight deal.
From: ISSA MOHHAMED [mailto:firstname.lastname@example.org]
Sent: Friday, January 11, 2002 6:03 PM
Subject: VERY URGENT.
FROM DR.ISSA MOHHAMED.
TO: THE PRESIDENT / C.E.O
RE: MONEY TRANSFER / INVESTMENT PROPOSAL
INTRODUCTIO: l am DR.ISSA MOHHAMED.a Civil Servant in
the Ministry of Health. l know this proposal will come
to you as a surprise because we have not met before
either physically or through correspondence. I got
your contact from our chamber of commerce here in
Nigeria and have no doubt in your ability to handle
this proposal involving huge sum of money. My
private Email address is as above.
THE SUBJECT: My father ALHAJI IDRIS MOHHAMED (Now
was the Royal Head of my community, ELEME (an oil rich
town) in Nigeria. My community produces 5.8% of the
total crude oil production in Nigeria and 0.5% of the
Dollar value of each barrel is paid to my father as
royalty by the Federal Government. My father was also
the Chairman of ELEME Special Oil Trust Fund. In his
position as the Royal head and Chairman of the Oil
Trust Fund, he made some money which he left for me as
the only heir to inherit. The money is Fifteen
Million Five Hundred Thousand US Dollars($15.5m). This
Money originated from the accumulated royalties
between 1976-1998 . Due to poor banking system in
Nigeria and political instability as a result of past
Military rules (1985-1999) , he deposited this Money
in a Strong Room/"VAULTS" with an open beneficiary in
a security company pending when he would finish
arrangement to transfer it abroad. He was planning
this when he died late last year of Heart attack.
THE PROPOSAL: Just before my father died he called my
attention to the money and charged me to look for a
foreigner who would assist me in the
transfer/investment of the funds abroad. So l would be
very grateful if you could accept to help me achieve
this great objective. I promise to give you 20% of the
total funds transferred to your vital bank account as
compensation for your assistance. ten percent
(10%)would be set aside to take care of all expenses
we may incur during the transaction. To indicate your
interest, contact me urgently and confidentially
through my e-mail address above for more information
and the roles you will play in this business. All the
legal Documents concerning this Money will be sent to
you as soon as we agreed together. May the almighty
God bless you.
From: adnan yusuf <email@example.com>
Subject: Business Overture
We, (my colleagues 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 Expatriate 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.
AXIS Capital, Inc.
From: Dr. Daniel Musheshe [mailto:firstname.lastname@example.org]
Sent: Wednesday, January 02, 2002 6:36 PM
Subject: Urgent Assistance
FROM: MR. TUNDE IGE
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 fathers 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
This transaction will take about 48hrs to be executed.
There is no hitch.
I need your urgent reply.
Mr. Tunde Ige
From: John Craine <email@example.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
(509) 695-3091 fax
From: fash badmus [mailto:firstname.lastname@example.org]
Subject: PLEASE HELP
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
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.
FASH BADMUS (ESQ)
From: KINGSLEY MBU <email@example.com>
Subject: URGENT BUSINESS RELATIONSHIP
>From the desk of MR. KINGSLEY MBU
DIRECTOR: PROJECT INSPECTION(NNPC)
FAX NO: 234-1-7590198
ATTN: THE PRESIDENT/CEO
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 subsequent 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
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.
MR. KINGSLEY MBU
Contact Deborah Lohse at firstname.lastname@example.org or (408) 271-3672.
Policy Statement---Nothing is sent out that is not "fair." Always unbiased reporting. Fairness always. If it is questionable, we will ask the writer's permission to quote them. We will print information without attribution, but feel as long as we do not name the person who sent it, we can use the information.
Any information we think is suspicious, we try to have if substantiated first by at least two reliable people. We will not purposely send out "negative" news.
We prefer "positive" news. We have no "axe" to grind or are not paid or seek or accept any remuneration for product or promotion.
We do not Spam anyone. To be added to the mailing list, you must request it. We do not send anything about our company or personal e-mail or jokes to the leasing news list. We do not share our mailing list with anyone.
We reserve the right to deny sending the newsletter when requested.
We reserve the right to edit or delete an opinion that is not in good taste or is outright derogatory.