Kit Menkin's Leasing News

                   www.leasingnews.org  Thursday, July 18,  2002

  Accurate, fair and unbiased news for the equipment Leasing Industry

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    Headlines----

Where is Chuck Brazier?

     Barry S. Marks on: Photoshop Owner Complaint-Advance Rentals

      Capital One Stock Falls By Nearly 40 Percent

       Polls: Public concern about economy grows;

           four in 10 say it's getting worse

Housing construction slips in June, but sector remains healthy

  American Bank Leasing Appoints Jeffrey G. Schubert EVP

   Bid to Simplify State Sales Tax Snags on Level of Enforcement

      News Briefs----including Seahawks Stadium Ready for Opening

 as promised: African E-Mail  (non-Nigeria )

### Denotes Press Release

Where is Chuck Brazier?

He packed up last night, and this morning started his drive back to Miami in a U-Haul Truck.  Rumor has it he has been offered several jobs.

 (Perhaps I can catch him on the road, as I have his cell telephone number now,

for an up-date on Monday. Editor).

http://www.leasingnews.org/Conscious-Top%20Stories/CENTERPOINT_stories.htm

_______________________________________________________________

Barry S. Marks on: Photoshop Owner Complaint—Advance Rentals

Two points re: advance rentals and "non-cancelable leases" -

1. All good leases contain hell-or-high-water language, non-cancellation clauses

and similar protections for the lessor AFTER the lease term commences. Usually,

commencement occurs on signing of the Acceptance Certificate (D&A). Before the

Acceptance Certificate is signed, there is no lease and all this verbiage is

non-binding.

That's one reason why the lessee should never sign an Acceptance Certificate

until the equipment is delivered and inspected (there are several others). If

the photoshop guy didn't sign a D&A, he should be able to get his cash back. If

he did, he has a chance - there are cases and articles free to anyone who is

interested on my website about all this - www.leaselawyer.com.

2. Advance rentals, in some states, fall into the "advance loan fee" statutes

and the broker and/or superbroker may be in big trouble for collecting and

attempting to retain them. Joe Bonanno and I have both written about this, Joe

in the Monitor, I on the website and both of us in speeches and seminars for

NAELB and other leasing associations.

Brokers should check the states where they do business. The photoshop guy should

check his state attorney general and see if a loan broker or advance fee statute

is in force.

        * * * * * Barry S. Marks  * * * * *

BERKOWITZ, LEFKOVITS, ISOM & KUSHNER

     420 N 20th St., 1600 SouthTrust Tower

             Birmingham, AL 35203-5202

     bsm@blik.com - www.leaselawyer.com

          205.250.8333 - fax:322.8007

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Capital One Stock Falls By Nearly 40 Percent

  Deal Raises Concerns Over Subprime Loans

By Neil Irwin

Washington Post Staff Writer

Capital One Financial Corp. lost more than $4 billion in market value yesterday as investors digested news that the Falls Church credit card company made an agreement with federal regulators to raise allowances for bad loans and improve its internal controls.

The company's stock fell $20.10, nearly 40 percent, to close at $30.50, as analysts and investors concluded that a "memorandum of understanding" with the Federal Reserve Board and Office of Thrift Supervision, disclosed late Tuesday, could signal that the company's outlook is chancier than was thought.

Capital One competitors such as Providian Financial Corp. that specialize in issuing credit cards to "subprime," or high-credit-risk, customers have faced severe financial problems because of higher-than-expected rates of default. While Capital One has less than 30 percent of its assets lent to such customers, the regulatory agreement raised the specter of the problems elsewhere spreading.

"The market is worried that Capital One may be the next subprime lender that has gotten in trouble, like the Providians of the world," said Matthew Park, an analyst with Thomas Weisel Partners, who added that he thinks those fears are overblown. The firm is not engaged in investment-banking work for Capital One.

A Capital One spokesman did not return phone calls requesting comment.

The agreement, between the two agencies and Capital One's bank and savings-and-loan subsidiaries, calls for the company to classify subprime loans more broadly than in the past. Under the new definition, the two subsidiaries have a total of $8.3 billion lent to high-risk borrowers. The company agreed to add $247 million to its allowance for defaults on those loans, at the prodding of regulators.

The company, which has grown rapidly in the past decade and is now one of the nation's largest issuers of MasterCard and Visa credit cards, also agreed to improve its internal procedures. It agreed to hire a senior executive in charge of "enterprise risk management" and invest more in its technology infrastructure, internal audits, contingency planning and formal documentation of policies.

In a conference call with investors on Tuesday evening, Capital One executives stressed that the agreement was voluntary and, in many of its provisions, follows plans the company had anyway.

But Wall Street was spooked. Firms including Salomon Smith Barney and Goldman Sachs lowered their ratings of the company's stock. Capital One lost $4.4 billion in market value in extremely heavy trading and ended the day at a new 52-week low.

"We cannot ignore the elevated risk profile that accompanies an investment that now has the active involvement of regulators," wrote analyst J. Jeffrey Hopson of A.G. Edwards, who downgraded his rating of the stock to "hold" from "buy." The firm doesn't do investment-banking work for Capital One.

Analysts said yesterday that sharp drop in the stock reflects both a heightened risk that the company will encounter further regulatory action and that its growth will be constrained by the new terms.

"Regulatory risk is difficult to quantify, difficult to time and difficult to see where it will end," Park said.

But some analysts believe the precipitous drop in Capital One stock was out of proportion to the new risks for the firm.

"Investors have a long memory and don't forget the amount of money that was lost in the bank and thrift industries in the early '90s," said Todd Pitsinger of Friedman, Billings, Ramsey Group, which does no investment-banking work for Capital One. "But I'm really flabbergasted by the overreaction by the street."

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Polls: Public concern about economy grows; four in 10 say it's getting worse

By Will Lester, Associated Press

WASHINGTON (AP) Public concern about the nation's economy is growing along with fears that the stock market is a ''risky'' investment, according to new polls that suggest most people think recent corporate accounting scandals are a big problem.

Those growing economic fears were reflected in polls by ABC News-Washington Post and CBS News-New York Times, both released Wednesday.

The number of people who think the country is headed down the wrong track was 48 percent, compared with 42 percent who said the country is headed in the right direction, said the CBS-Times poll. In June, more said the nation was headed in the right direction by a 52-35 margin.

Despite the growing pessimism about the economy and concerns about government economic policies, President Bush's job approval in the CBS-Times poll was at 70 percent. Recent polls have shown Bush remains personally popular, somewhere in the 70s, even if people question some of his administration's policies.

The public rated Bush far higher on caring about the needs of ordinary Americans, 68 percent, than they rated members of his administration on that measure 46 percent felt that way.

People were evenly split on whether President Bush cares more about protecting the interests of ordinary Americans than he does about protecting the interests of big business. When asked that same question about his administration, people said the administration cares more about protecting the interests of big business.

People were evenly split on whether they think the economy is in good or bad shape in the CBS-Times poll.

Most people said the recent corporate accounting scandals are a serious problem, with six in 10 saying ''very serious.''

The ABC-Post poll focused on the stock market and asked people if they think the stock market is a safe or risky investment. Eight in 10 said risky, compared to half who felt that way in the summer of 1999.

More than half, 55 percent, said they had some kind of investment in the stock market, through stocks or mutual funds. That's up from one-third who had investments 15 years ago.

Seven in 10 said they were concerned about the recent drop in the stock market, with almost three in 10 saying they are very concerned. Even more, 37 percent, said they have been hurt financially by the recent drop in the stock market.

The ABC-Post poll of 1,512 adults was conducted from July 11 through Monday and had an error margin of plus or minus 2.5 percentage points. The CBS-Times poll of 1,000 adults was conducted Saturday through Tuesday and has an error margin of plus or minus 3 percentage points.

Please forward Leasing News to a colleague.    How to subscribe, make a correction,

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Housing construction slips in June, but sector remains healthy

By Leigh Strope, Associated Press

WASHINGTON (AP) Housing construction eased in June after a large surge the month before, but was at a healthy level that analysts say suggests continued demand.

Builders broke ground last month on 1.67 million units at a seasonally adjusted annual rate a 3.6 percent drop from the May level, the Commerce Department reported Wednesday.

In May, housing construction increased by 10.8 percent, according to revised figures. That increase, which was smaller than the government previously reported, followed a drop in April.

Despite June's fall, there is ''no evidence the strength in housing is any way impeded,'' Federal Reserve Chairman Alan Greenspan told Congress on Wednesday.

Mild weather early this year helped to spur housing construction, which remained solid throughout last year's recession. Analysts have been predicting a slowdown, saying that those robust levels cannot be sustained.

''But we keep getting surprised by the strength'' of new home construction, said Dave Seiders, chief economist for the National Association of Home Builders. ''Apparently there's a real emphasis on housing as a place to be focusing on to put your money.''

That is especially true given the uncertainties of the stock market. Seiders predicts a modest erosion in construction, yet still solid numbers in the second half of the year.

On Wall Street, stocks surged higher in early trading, but the gains weren't sustained. The Dow Jones industrial average closed up 69 points and the Nasdaq was up almost 22 points.

The Federal Reserve, citing worries about the strength of the economic rebound, has opted at each of its four meetings this year to leave short-term interest rates at 40- year lows.

One of the Fed's concerns is how consumers, who kept buying big-ticket items such as houses and cars throughout the slump, will hold up.

But consumers, whose spending accounts for two-thirds of all economic activity, have continued to open their wallets despite the spotty recovery and the sour stock market, Greenspan told the House Financial Services Committee.

Weak stocks have yet to crimp consumer spending because of offsetting boosts from low interest rates, solid appreciation in home values and extra cash from refinancing.

''The fundamentals are in place for a return to sustained healthy growth,'' he said.

Wednesday's report showed that construction of single-family homes fell by 2.9 percent in June to a rate of 1.35 million units. That followed a 10.2 percent surge in May.

Work on multifamily housing, which includes apartments and condos, dropped by 6.9 percent last month to a rate of 285,000.

By region, housing starts rose by 6.1 percent in the Northeast to a rate of 175,000. In the Midwest, they dipped by 0.9 percent to a rate of 344,000. In the South, housing construction plunged by 7.6 percent to a rate of 744,000. The West also saw a drop, by 2.2 percent, to a rate of 409,000.

Even with the slowdown in home construction, analysts predict the sector will continue to be healthy. Low mortgage rates and solid housing appreciation make purchasing a home an attractive investment.

Mortgage rates have been hovering below the 7 percent mark, providing prospective home buyers with good financing conditions. Last week, the average rate on a 30- year fixed-rate fell to 6.54 percent, down from 6.57 percent the previous week, according to Freddie Mac, the mortgage company. A year ago, 30-year mortgages averaged 7.21 percent.

---- 

Here is the Government Report:

Starts retreated slightly in June, falling 3.6% to a 1.672 million rate (SAAR).  There was weakness both in single family (-2.9%) and multi family (-6.7%) sectors. To date, single-family starts have averaged 1.35 million (SAAR), which is about the same as the record pace set in 1999.  Multi family housing has averaged 339,000 (SAAR) through the 1^st half of the year - exactly the same as the 1999 pace - and about 7% higher than the average rate during 2000 – 2001.         Permits, an indicator of future activity, were up 1.4% (1.7 million SAAR) with single family up about 1% while multi family was up 3.3%.  Regionally, starts were off in all regions except the Northeast, which was up 6.1%.  The weakest region was the South, off 7.1%, with more modest declines in the Midwest and West.

Analysis and outlook:  Housing fundamentals remain solid, driven by attractive mortgage rates (near 40 year lows), steady consumer confidence, a slowly improving job market despite references to a “jobless recovery”, a good balance between supply and demand, and healthy real dollar asset appreciation.   Furthermore, starting in 2000, residential real estate is being viewed as a “new asset class” by many Americans.  Falling equity markets are a big reason, however, housing has many attractions of its own, two of which are the perception of lower risk, and lately, quickly rising values.   As far as risk goes, house prices have seldom fallen in the past 30 years, and even when it does, the decline has been small and short lived (M. Burt, Dismal Scientist, July 2002).   This market has broad base too: (1) we are seeing record pace in new home sales with a record high of 1.028 million (SAAR) in May and to date, we are well over the 900,000 record sales set in 2001; (2) existing home sales remain strong, 5.75 million (SAAR) in May, with the possibility of another record being set in 2002.

The outlook for the 2^nd half of the year, according to most analysts, is for a modest pull back although total starts for the year are expected to top last years’ numbers. The pull back is expected due in part to rising home prices negatively impacting affordability for more Americans, and the improving economy (manufacturing sector continues to show steady improvement with industrial production up every month in 2002 to date) may eventually nudge interest rates higher sometime later this year.  Single family activity remains the best sector, and increasing equity via rising house prices enables more Americans to trade up to larger newer homes.   Furthermore, inventories of new homes for sale are low (about 4 months), and this encourages builders to continue building new single family homes.

Concerns? There are several, foremost of which are the problems in the equity markets. According to NAHB economists, the current economic recovery remains fragile, and if equity markets continue to deteriorate, eventually confidence will erode to the point where consumer spending slows appreciably, and business investment spending is delayed further.  Another concern is the weakening dollar (the Euro recently reached parity with the dollar), and the impact it could have on inflation, and further exacerbating equity market woes.  NAHB’s latest housing outlook (July 2002) calls for 1.64 million starts in 2002 (1.315 million Single family);a record 934,000 single family new home sales; and a record 5.642 million resales in 2002.   This outlook assumes the Fed refrains from raising rates until late in the year, (if at all) and that is a pretty safe bet, given existing PPI and CPI inflation numbers, slow improvement in the job market to date and of course, the Fed is painfully aware of the delicate situation on Wall Street. 

  from:

Carl Villella, CLP

Onyx Capital Corp.

8150 Perry Hwy. Suite 211

Pittsburgh, Pa. 15237

412-366-6100

412-366-9144 fax

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American Bank Leasing Appoints Jeffrey G. Schubert

As EVP, Bank and Vendor Programs

American Bank Leasing (ABL), a financial services company based in Alpharetta, GA that specializes in small ticket leasing programs for community banks and equipment vendors, announced the appointment of Jeffrey G. Schubert as EVP, Bank and Vendor Programs.  In this capacity, Schubert will manage new bank and vendor programs and middle market syndications.

Prior to joining ABL, Schubert was vice president and division manager for CitiCapital where he managed a middle market equipment leasing operation.  Schubert also was a division manager for American Equipment Leasing and Syndication Manager for Lease Plan U.S.A.

“We are very excited to welcome Jeff to American Bank Leasing and believe he will add significant value to expanding our successful community bank and vendor programs,” said American Bank Leasing President Jim Doster.

American Bank Leasing, established in February 2001, focuses on providing high quality equipment leasing programs for community banks and vendors.  ABL currently has contracts with over 40 banks and vendors.

For more information about ABL, visit www.abanklease.com. 

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Bid to Simplify State Sales Tax Snags on Level of Enforcement

By RUSSELL GOLD

Staff Reporter of THE WALL STREET JOURNAL

A Herculean effort to simplify state sales taxes that was to be a precursor to convincing Congress to allow states to tax Internet transactions suffered a setback as representatives from businesses and state governments failed to agree on a final, crucial part of the plan.

After two years of discussions, state officials hoped to emerge from a meeting in Salt Lake City on Friday with a draft of a modernized sales tax. Once states adopt this simpler, uniform tax, they planned to press Congress to approve an Internet tax.

But representatives of major retail corporations are threatening to withhold their support of the effort after they failed to agree with state Streamlined Sales Tax Project delegates about how to enforce uniformity among the states.

Retailers are worried that if states are allowed to keep too many minor differences, the desired simplicity will vanish. Support of the retailers helped propel the effort this far; without it, the effort is likely to collapse and Congress is almost certain to reject Internet taxation proposals.

"If this is their final product, there will be many members of the business community who will not support the final product," says Stephen P. B. Kranz, tax counsel for the Council on State Taxation, a Washington, D.C., trade group of large corporations.

Others were optimistic that a final agreement would be reached. "We've had a lot of issues that seemed like they were do or die. When everyone went home and came back after a month, they were able to find a medium satisfactory to 95% of the people," says Warren Townsend, Wal-Mart Stores Inc.'s director of sales, use and product taxes.

The state delegates now expect to search for compromise language and finish a draft by September. This is the third effort in a decade to create a national simplified sales tax. All efforts were prompted by a 1992 U.S. Supreme Court decision that found it burdensome to require multistate retailers to comply with thousands of state and local taxes. The states hope to create a simple, uniform sales tax so retailers won't have to deal with a jumble of state and local rates and definitions. Once states agree on a new sales tax, and the language is adopted by a plurality of states, the states plan to press Congress to require remote vendors to collect sales tax on their behalf.

Multistate retailers such as Wal-Mart also would like to see a simplified sales-tax system. Currently, multistate retailers must cope with hundreds or thousands of different local and state rates. An item such as lip balm might be subject to a sales tax in one state, but not in an adjacent state.

This latest setback shows just how difficult this project will be to accomplish. States are anxious to close a gap in their sales-tax systems, especially since most states are facing severe budget shortfalls into the foreseeable future. State officials believe an estimated $13.3 billion in sales tax went uncollected in 2001.>

Most remote sales, where the buyer and seller are in separate states, aren't taxed unless the seller has a major physical presence in the buyer's state. That means most states, for example, would tax a pair of shoes purchased at a neighborhood store, but not the same pair of shoes if purchased over the Internet.

However, states don't appear ready to give up much of their flexibility in designing their sales-tax system. How to enforce uniformity is where the state delegates and business representatives split on  Friday. Businesses wanted language to guarantee uniformity, while the state delegates backed language to ensure participating states didn't "substantially deviate" from the common rules.

"This is the ultimate question: Is there going to be harmonization among the states," says Art Rosen, head of the state and local tax practice for law firm McDermott, Will & Emery. The states are considering a "subjective, mushy standard" that won't win the backing of the business community, Mr. Rosen says.

It has proved difficult, however, to get the states to agree on a common plan, even in the initial stages. The states were originally hoping to allow no more than a single sales-tax rate per state, doing away with a multitude of local rates. But Illinois, which taxes over-the-counter medications at a lower rate than other goods, objected. A compromise to allow a second tax rate was adopted over retailers objections.

News Briefs----

Report: Farm income will drop, but 2003 should bring rebound

WASHINGTON (AP) The nation's struggling farm economy will get worse before it gets better despite an election-year farm bill that subsidizes thousands more producers, according to an analysis.

-- 

Software maker cutting 1,100 jobs; profits plunge 61 percent

SAN FRANCISCO (AP) Business software maker Siebel Systems Inc. is slashing more than 1,100 jobs to deal with the brutally bad market for corporate technology spending, which caused a 61 percent decline in Siebel's second-quarter profits.

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Longshoremen offer job cuts, technology for share of new wealth

SAN FRANCISCO (AP) Dock workers presented a proposal they said could break a contract impasse with the shipping lines that bring billions of dollars of goods through West Coast ports.

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WorldCom offers promise to creditors not to sell assets

NEW YORK (AP) WorldCom Inc. sought to calm its creditors Wednesday by offering to promise not to sell any of its subsidiaries over the next 80 days, a move that a lawyer for the company said was an effort to buy itself ``breathing room.''

-- 

Fed chairman couples forecast of improving economy with expressions of concern about accounting scandals

WASHINGTON (AP) Chief executives of all publicly held companies should not be forced to verify the accuracy of company finances with federal regulators, Federal Reserve chairman Alan Greenspan said Wednesday.

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Inktomi lays off 40 percent of remaining work force

FOSTER CITY, Calif. (AP) -

Online search engine pioneer Inktomi Corp. is getting back to basics by dumping all of its peripheral businesses -- a decision that prompted the company Wednesday to fire 270 employees, or about 40 percent of its remaining work force.

Seahawks Stadium Ready for Opening

SEATTLE (AP) -- When billionaire Paul Allen was a young boy, his father

used to take him to football games at the University of Washington.

Allen, 49, relied on those memories for his own outdoor football stadium.

``I watched the football team play outdoors,'' the Seattle Seahawks owner said Wednesday. ``What we wanted to do was create a natural facility that was extremely intimate with great sight lines.''

Seahawks Stadium, built on the site of the former Kingdome, is ready for its grand opening. It offers a spectacular view of downtown Seattle as well as Mount Rainier and the Cascade Mountains.

``It's exceeded my expectations,'' Allen said.

Built at a cost of $430 million, the 67,000-seat stadium will officially open for the Seahawks' Aug. 10 exhibition game against the Indianapolis Colts.

Allen, who co-founded Microsoft with Bill Gates in 1975, sat for a series of rare interviews at the stadium. He seldom talks to the media in Seattle or Portland, where he owns the NBA's Trail Blazers.

Allen, with Seahawks president Bob Whitsitt sitting next to him, said he was happy to promote interest in the new stadium.

``This is a real milestone,'' he said. ``This stadium is going to be the Seahawks' home for many years to come.''

According to Forbes magazine's February 2002 rankings, Allen was the third-richest American, behind Gates and Warren Buffett, with a net worth of $25.2 billion.

Under Allen, the Seahawks are still playing catchup from the days when the franchise belonged to Ken Behring.

In February 1996, Behring announced he was moving the Seahawks to Los Angeles. The NFL said no. Two months later, Allen entered into an exclusive 14-month option with Behring to buy the franchise contingent upon getting a new stadium.

The following year, Washington voters approved a stadium plan and Allen completed the purchase of the team from Behring.

Allen could have paid for the new stadium by himself. But he wanted a commitment from Seahawks' fans, too. The taxpayers are paying $300 million.

``I had a number of people involved who came to me and asked me if I'd help to keep the team here,'' he said. ``I was happy to help out.''

Whitsitt said the football fans of Seattle should appreciate their owner.

``I think they feel very positive about what Paul did to save football here,'' he said. ``We said early on -- and Paul would never say this -- but when Paul Allen is your partner, he always delivers more than what you bargained for.''

In Portland, the Trail Blazers play in the Rose Garden. Although professional basketball is still Allen's favorite sport, Seahawks Stadium might be his new favorite building.

``I think the Rose Garden is a great facility,'' he said. ``For football, this may be even more of a leading edge though. I think this will be a hallmark for football fields.''

Allen tries to be diplomatic when asked if he likes pro football as much as pro basketball.

``Football is a great sport,'' he said. ``It's an event people think about the whole week and get up for.''

The Seahawks haven't been to the playoffs the past two seasons under coach Mike Holmgren, who also is the team's general manager. In three years, Holmgren has a 24-24 record with one playoff appearance. Before coming to Seattle, he coached the Green Bay Packers to two Super Bowls.

``Clearly, we want to do better,'' Allen said. ``We want to make the playoffs. That's our goal.''

African E-Mail  (non-Nigeria )

Our Top Stories listed at the bottom of www.leasingnews.org  have information about the

Nigeria e-mail fraud and what to do, including a report on arrests:

 http://www.leasingnews.org/Conscious-Top%20Stories/NIGERIA_STORIES.htm

We have 51 new ones since we printed the last collection.  There are too many to re-print.

So here are the non-Nigeria from Africa:

Sir,

Through a careful study of leasing industry and major players in this sector , I developed a lot of interest in the leasing sector, hence I decided to reach you to discuss and negotiate how both of us can mutually operate in this area.

I am Major Gen. Akin Williams(retired) former Director of Logistics Ministry of defense. I retired in November 2000 after our transformation from military to civilian rule a year before.

Through out my career, I have maintained my professional calling, but now there is need for me to venture into business to grow my savings and other income. I have not been in business before so I need a solid, versatile and trustworthy partner whom I can relate with closely to handle all my proposed investments abroad.

I intend going into property and equipment leasing. My vision is to buy properties and leasable equipment over there and lease it out to individuals and corporate bodies; we could also resale those properties after renovations as the case may be.

Under this arrangement you will act as my partner to negotiate for leasable properties and equipment. I will provide the funds for the purchase and depending on your country property laws .

I expect you to provide your proposals including anticipated commission for participations for deliberations and mutual acceptance between us.

I expect your response as soon as possible for us to formalize our operation modalities to kick off this project.

Thanks in anticipated co-operation and God Bless.

Regards

Major Gen. Akin Williams

PHONE: 234-1- 7760578

---  

Dear Sir,

I got your reliable contact from my father’s diary and further explinary investment information about your country from my attorney in New York who has been of great assistance to my family since our departure from Brunei due to the human right

abuses in my country.

I am Prince Fayad W. Bolkiah, the eldest son of Prince Jefri Bolkiah former Finance Minister of Brunei, the tiny oil-rich sultante on the Gulf Island of Borneo. I will save your time by not amplifying my extended royal family history, which has

already been disseminated by the international media during the controversial dispute that erupted between my father and his stepbrother, the sultan of Brunei Sheik Muda Hassanal Bolkiah.

As you may know the international media, the sultan had accused my father of financial mismanagement and impropriety of US$ 14.8 billion dollars. This was as a result of the Asian financial crisis that made my father company Amedeo Development

Company and government owned Brune Investment Company to be declared bankrupt during his tenure in office.

You can visit this web site http://www.sultanofbrunei.com/jefri.htm or http://rulers.org/indexb4.html to verify what I am saying.

However my father was kept under house arrest, his bank accounts and private properties including a crude oil export refinery were later confiscated by the sultanate. Furthermore during this unfortunate period, I was advised to evacuate my immediate family outside the sultanate to avoid further prosecution from the sultan and his security operatives, but before I could do that I was placed under house arrest by the Sultan and no access to a phone but I have a Palm V hand-held computer from which I am sending you this mail.

Some of the guard here are still loyal to me, so they would be my contact with you if there is any document I need to send to you to enable you collect the boxes of money on my behalf.

Before my In-castration, I went ahead to dispatch the sum of Five Hundred Million United States Dollars (US$ 500.000.000,00) in cash under specified arrangement into the custody of different private security and trust company’s for safe keeping abroad. The money were splitted and kept in the following countries in this proportion: US$ 50 Million is in Dubai (U.A.E.), US$ 135 Million is in London, US$ 100 Million is in Holland, US$ 50 Million is in Spain and the balance US$ 175 Million is in Canada.

Hence I seek your good assistance to invest these funds into profitable investment in your country to facilitate future survival for my family abroad. After due deliberation with my aids we have decided to offer 20% of these funds to you as compensation for your strong cooperation while 5% have been mapped out for both local and international expenses that may be incurred during this dispensation.

Please I count on your absolute confidentiality, transparency and trustworthiness in this transaction and as soon as I hear from you, I will give to you,  the contact of one of the Security Company for you to contact them. And  the certificate of deposit, of

this consignment will be send to you, as an evidence, you will be furnishing me with all question ask by the company, for me to guide you through, while absolute confidentiality should be maintain in respect to this transaction, knowing fully well my predicament. you can reach me on my private email address, as I don’t have access to phone presently.

Best regards

Prince Fayed  Bookish

MR,BROWN CHARLES.

3/5 RIDER HAGGARD

CLOSE, JO, BORG

SOUTH AFRICA.

             {URGENT AND CONFIDENTIAL)

   (RE:  TRANSFER OF ($ 152,000.000.00 USD 

ONE HUNDRED AND FIFTY TWO MILLION DOLLARS) 

HELLO,

We want to transfer to overseas ($ 152,000.000.00 USD)

One hundred and Fifty two million United States

Dollars) from a Bank in Africa, I want to ask you to

Quietly look for a reliable and honest person who

Will be capable and fit to provide either an existing

bank account or to set up a new Bank a/c

Immediately to receive this money, even an empty a/c

Can serve to receive this money, as long as you will

remain honest to me till the end for this important

Business trusting in you and believing in God that

You will never let me down either now or in future.

I am Mr., BROWN CHARLES. and the Auditor General of a

bank In Africa, during the course of our auditing I 

Discovered a floating fund in an account opened in

the bank in 1990 and since 1993 nobody has operated on

This account again, after going through some old files

In the records I discovered that the owner of the

Account died without a [heir] hence the money is

Floating and if I do not remit this money out

Urgently it will be forfeited for nothing. The owner

Of this account is Mr. Magnus Leon, a foreigner, and

a sailor, and he died,  since 1993. and 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 Magnus

Leon until his death was the manager  Magnus

Coy.(pity). SA. 

We will start the  first transfer with fifty two

million [$52,000.000] upon successful transaction

without any disappoint from your side, we shall

re-apply for the payment of the remaining  rest amount

to your account.

The amount involved is (USD 152M) One hundred and

Fifty two million United States Dollars, only I want

to first transfer $52,000.000 [fifty two million

United States Dollar from this money into a safe

Foreigners account abroad before the rest, but I don't

Know any foreigner, I am only contacting you as

a foreigner because this money can not be approved to

a local person here, without valid international

Foreign passport, but can only be approved to any

Foreigner with valid international passport or drivers

License and foreign a/c because the money is in us

deposit

http://us.f203.mail.yahoo.com/ym/Compose? YY=19893

HTTP/1.0ollars and the former owner of the a/c Mr.

Magnus Leon is a foreigner too, [and the money can

only be approved into a foreign a/c.

However, we will sign a binding agreement,  to bind us

together   I got your contact address  from the Girl

who operates computer,  I am revealing this to you

with believe in God that you will never let me down in

this business,  you are the first and the only person

that I am contacting for this business, so please

reply urgently so that I will inform you the next step

to take urgently. 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 to build confidence and

to sign a binding agreement that will  bind us

together  before transferring the money to any account

of  your choice  where the fund will be safe. Before

we fly to your country for withdrawal, sharing and

investments.

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, upon your

positive response and once I am convinced that you

are  capable  and will meet up with instruction of  a

key bank official who is deeply involved with me in

this business.

I need your strong assurance that you will never,

never let me down.

With my influence and the position of the bank

official we can transfer this money to any foreigner's

reliable account which you can provide with assurance

that this money will be intact pending our physical

arrival in your country for sharing. The bank official

will destroy all documents of transaction immediately

we receive this money leaving no trace to any place

and to build confidence  you can  come immediately  to

discuss with me face to face after which I will make

this remittance in your presence and three 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 obtain all legal approvals for  onward

transfer of this money to your account with

appropriate clearance from  the relevant  ministries

and foreign exchange departments.

At the conclusion of this business, you will be given

35% of the total amount, 60% will be for me, while 5%

will be for expenses both parties might have incurred

during the process of transferring.

I look forward to your earliest reply, please contact

with this E-mail. (joesph_jerico22@yahoo.com).

Yours,

BROWN CHARLES.

--- 

MR. frank

3/5 RIDER HAGGARD

CLOSE, JO, BORG

SOUTH AFRICA.

Tel:874 - 762864167

Fax:874 - 762864168

           (URGENT AND CONFIDENTIAL)

   (RE:  TRANSFER OF ($ 126,000.000.00 USD}

  ONE HUNDRED AND TWENTY SIX MILLION DOLLARS

Dear sir,

We want to transfer to overseas account

($ 126,000.000.00 USD) One hundred and six two million

United States Dollars) from a Prime Bank in Africa, I

want to ask you to  quietly  look for a reliable and

honest person who will be capable  and fit to provide

either an existing bank account  or  to set up a new

Bank a/c immediately to receive this money, even an

empty a/c can serve to receive this money, as long as

you will remain honest to me till the end for this

important business trusting in  you and believing  in

God that you  will never let me down either now or in

future.

I am Frankie, the Auditor General of one of the prime

banks here South Africa, during the course of our

auditing, I discovered a floating fund  in an account

opened in the bank in 1990 and since 1993 nobody has

operated on this account again, after going through

some old files in the records I discovered that the

owner of the account died without a [heir]  hence  the

money is floating and  if I do not remit this money

out urgently it will be forfeited for nothing. The

owner of this account is  Mr.  Allan P.Seaman, a

foreigner, and an industrialist, and  he died,  since

1993. and  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 Allan P. Seaman   until his death was the manager

  Diamond Safari  [pty]. SA.

We will start the  first transfer with twenty six

million [$26,000.000] upon successful transaction

without any disappoint from your side, we shall

re-apply for the payment of the remaining  rest

amount to your account.

The amount involved is (USD 126 M) One hundred and

twenty six  million United States Dollars only. I want

to first transfer $26,000.000 [Twenty six million

United States Dollar] from this money into a safe

foreigners account abroad before the rest, but I

don't know any foreigner, I am only contacting you

as a foreigner because this money can not be approved

to a local person here, without valid international

foreign passport, but can only be approved to any

foreigner with valid international passport or

drivers license and foreign a/c  because the money is

in US dollars and the former owner of the  a/c  Mr.

Allan P. Seaman is a foreigner too, and the money can

only be approved into a foreign a/c.

However, we will sign a binding agreement, to bind

us together. I got your contact address  from the

Girl who operates my computer,  I am revealing this to

you with believe in God that you will never let me

down

in this business,  you are the first and the only

person that I am contacting for this business, so

please reply urgently so that I will inform you the

next step to take urgently. 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 to build confidence

and to sign a binding agreement that will  bind us

together  before transferring the money to any

account of  your choice where the fund will be safe.

Before we fly to your country for withdrawal, sharing

and investments.

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,

upon your positive response and once I am convinced

that you are  capable  and will meet up with

instruction of  a key bank official who is deeply

involved with me in this business. I need your strong

assurance that you will never,  never let me down.

With my influence and the position of the bank

official we can transfer this money to any foreigner's

reliable account which you can provide with assurance

that this money will be intact pending our physical

arrival in your country for sharing. The bank official

will  destroy all documents of transaction immediately

we receive this money leaving no trace to any place

and to build confidence  you can  come immediately to

discuss with me face to face after which I will make

this remittance in your presence and three 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

obtain all legal approvals for  onward transfer of

this money to your account with appropriate clearance

 from  the relevant  ministries and foreign exchange

departments.

At the conclusion of this business, you will be given

35% of the total amount, 60% will be for me, 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 address.

Yours truly

Frankie

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

FROM: ENGR.TEMBA CHRIS

 NO 151 RISSIK STREET

 JOHANESBURG 2001 SOUTH AFRICA,

 PHONE:  27-83-758- 4891

 FAX—27 –73-172-8278

 DEAR SIR

 TRANSFER OF US $60.5 MILLION INTO YOUR BANK ACCOUNT

 I GOT YOUR CONTACT THROUGH THE CHAMBER OF COMMERCE

 AND

 FORENGN AFFAIRS MINISTRY HERE IN SOUTH AFRICA. I AM

 A SENIOR GOVERNMENT OFFICIAL, OF THE DEPARTMENT OF

 WORKS  AND HOUSING. (DWH) AFTER 32 YEARS OF DUTY I WAS

 OPPORTUNED TO HEAD A TENDER BOARD THAT SUPERVISED

 THE  AWARD AND EXECUTION OF SOME MULTI BILLION- DOLLAR

 PROJECT IN THE WORKS AND HOUSING DEPARTMENT OF THE

 GOVERNMENT OF SOUTH AFRICA.

 DURING MY TENURE IN THE BOARD, TWO OTHER BOARD

 MEMBERS  AND I WERE ABLE TO OVER INVOICE CONTRACTS TO THE

 TUNE  OF US $60.5 MILLION DOLLARS. AT THE (DWH) WITH YOUR

 IMMEDIATE ASSISTANCE WE CAN TRANSFER THIS MONEY OUT

 OF  MY COUNTRY, IN A NUTSHELL, I AM SOLICITING UNBEHALF

 OF  MY COLLEAGUES FOR A FOREIGN ACCOUNT WHERE THIS MONEY

 SHOULD BE LODGED INTO, BECAUSE OF THE CURRENCY

 REGULATION ACT IN OUR COUNTRY, WHICH PROHIBIT STATE

 WORKERS FROM OWNING ACCOUNT OVERSEAS, WE CANNOT

 TRANSFER THIS MONEY WITH OUT A FORIGN PARTNER

 ASSISTNCE, BEFORE COMING OVER TO YOUR COUNTRY FOR

 THE  DISBURSMENT OF THE FUNDS.

 IT IS AGREED THAT 70% OF THIS MONEY SHOULD BE FOR US

 THE BONFIDE OWNWER OF THIS MONEY.20% IS FOR YOUR

 ASSISTANCE, 10% IS FOR EXPENSES INCURED IN THE

 PROCESS  OF THIS MONEY TRANSFER. ALL THAT IS NEEDED FROM YOU

 IS  YOUR BANK NAME AND YOUR BANK PARTICULARS? NOTE THAT

 YOUR TELEPHONE NUMBER AND FAX NUMBER.WILL BE NEEDED

 FOR EASY COMMUNICATION, NOTE THIS BUSINESS IS

 STRICTLY  CONFIDENTIAL AND YOUR URGENT RESPONSE IS HIGHLY

 NEEDED  AS TIME IS NO LONGER IN OUR SIDE, ALL CORRESPONDENCE

 MUST BE STRICTLY BY TEL/FAX. EMEMBER THAT THE NATURE

 OF YOUR BUSINESS DOES NOT COUNT, AS WE HAVE

 PERFECTED ALL MODALLITIES TO MAKE THIS TRANSFER A HITCH- FREE

 ONE. MORESO THIS TRANSACTION IS 100% RISK FREE,

 INFORM  ME IMMEDIATETLY OF YOUR DECISION, TO ENABLE ME ACT

 ACCORDINGLY, DETAILS SHALL BE DISCUSSED WHEN I

RECIEVE  YOUR POSITIVE RESPONSE. MY TEL No: IS

 27-83-758-4891,

 FAX 27-73-172-8278

 THANKS AND LOOKING FORWARD TO HEARING AND DOING

 BUSINESS WITH YOU.

 YOURS FAITHIFULLY

 ENGR. TEMBA CHRIS

--- 

DR. SANI JUBRIL

FEDERAL MINISTRY OF HEALTH &

SOCIAL SERVICES, LAGOS.

FEDERAL OFFICE COMPLEX IKOYI.

TEL/FAX: 234 1 7591232

TEL: 234 8033041312

                                                                TOP SECRET

DEAR SIR,

MY NAME IS DR. SANI JUBRIL, THE DIRECTOR OF THE CONTRACT

AWARD COMMITTEE IN THE FEDERAL MINISTRY OF HEALTH,

FEDERAL REPUBLIC OF LAGOS..

BASED ON THE INFORMATION GATHERED FROM THE MINISTRY

OF TRADE & INDUSTRY, WE WRITE TO SOLICIT YOUR

ASSISTANCE FOR THIS TRANSACTION BELIEVING THAT YOU

WILL NOT DISAPPOINT US.

WE HAVE TWENTY SEVEN MILLION, FIVE HUNDRED THOUSAND

U.S.DOLLARS (US$27.5M), WHICH WE MADE OVER TIME, FROM

CONTRACT AWARDED TO A CANADIAN FIRM IN MY MINISTRY

FOR THE SUPPLY AND INSTALLATION OF SCAN MACHINES,

X-RAYMACHINES, E.C.G. MACHINES, FOETUS HEART AND

FASTING BLOOD SUGAR MACHINES FOR UNIVERSITY TEACHING

HOSPITALS ALL OVER THE FEDERATION.

IN ORDER TO BENEFIT FROM THE PROJECT, THE SUM OF

US$27.5M BROKERAGE COMMISSION OF THE TOTAL CONTRACT

VALUE WAS SURCHARGED BY US THE CONTRACT AWARD

COMMITTEE TO THE CANADIAN FIRM, WHICH HAS COLLECTED

THEIR PAYMENT LEAVING OURS IN A SUSPENSE A/C AT THE

CENTRAL BANK OF LAGOS(C. B. L.)

IN THE LIGHT OF THIS THEREFORE, WE ARE SEEKING YOUR

ASSISTANCE AND PERMISSION TO REMIT THIS AMOUNT OF

MONEY INTO YOUR A/C OR ANY OTHER A/C YOU CAN NOMINATE

TO US PREFERABLY YOUR COMPANY A/C. WE WILL

COMPENSATE YOU WITH US$3M FOR YOUR EFFORT, WHILE THE

REMAINING US$24.5M WILL BE USED BY US TO IMPORT GOODS

FROM YOUR COUNTRY INTO OUR COUNTRY OF WHICH WE

SHALL NEED YOUR ASSISTANCE ALSO IN THIS AREA.

FOR US TO COMMENCE WITH THIS TRANSACTION, WE SHALL

REQUIRE YOUR FULL BANKING INFORMATION INCLUDING YOUR

BANK'S TELEPHONE, FAX AND TELEX NUMBER. WE SHALL ALSO

REQUIRE YOUR DIRECT TELEPHONE AND FAX NUMBERS FOR

EASIER COMMUNICATION.

COULD YOU PLEASE NOTIFY US OF YOUR ACCEPTANCE TO

CARRY OUT THIS TRANSACTION WITH US BY GIVING US AN

URGENT REPLY.

AS SOON AS WE HEAR FROM YOU, WE SHALL IN TURN INFORM

YOU OF THE MODALITIES OF A FORMAL  APPLICATION TO

SECURE THE NECESSARY LEGAL DOCUMENTS FOR THE

IMMEDIATE RELEASE OF THIS FUND INTO YOUR BANK ACCOUNT.

BEST REGARDS,

DR. SANI JUBRIL.

-------------- 

STRICTLY CONFIDENTIAL

From: MR NELSON DANDY JNR.

E-Mail  :nelsondandy2002@yahoo.com

ATTN: THE DIRECTOR /CEO.

Dear Sir,                                 

URGENT ASSISTANT

You may be surprise to receive this kind of message

from me since you do not know me personally and we have not met before.

The purpose of my introduction is that I am MR. NELSON DANDY JNR, the

first son of DR. NELSON STEVE DANDY, who was recently murdered in the

land dispute in Zimbabwe. I was furnished with viable information from

the world trade center here in Amsterdam-Holland and decided to write

you. Before the death of my father, he had taken me to Spain to

deposit the sum of THIRTY FIVE MILLION, FIVE HUNDRED THOUSAND UNITED STATE DOLLARS ONLY (USD$35.5M). In a security company, as if he has foreseen the looming danger in Zimbabwe. This money was deposited in a Box as Gold and Diamond to avoid much demurrage from the security company. This amount was meant for the purchase of new machines and the chemicals for the farms and the

establishment of new farms Swaziland.

This land problem came when the Zimbabwe president MR

ROBERT MUGABE introduced a new land act that wholly affected all rich farmers

and some few black farmers. This resulted to the killing and mob action

by Zimbabwe war veterans and some lunatics in the society. In fact a

lot of people were killed because of the land-reformed act of which my

father was one of the victims. It is against this background that I and

my family who are currently staying in Amsterdam decided to keep the

money in Madrid-Spain, since the Law of the Netherlands prohibits a refugee

(asylum seeker) to open any account or to be involved in any financial

transaction of this magnitude. As the oldest son of my father, I am

saddled with the responsibility of seeking a genuine foreign account

where this money could be transferred without the knowledge of my

Government who are bent on taking everything we have got. The Netherlands

Government seems to be playing about with them.

I am faced with dilemma of investing this amount of

money in Netherlands for the fear of going through the same experience in

future since both countries have similar history. Moreover, the

Netherlands foreign exchange policy does not allow such investments from asylum

seekers. As a businessman, whom I have entrusted my future and my family in his

hand, I must let you know that this transaction is risk-free. If you

accept to assist me and my family, all I need you to do for me is to

make arrangement to make a trip to Madrid Spain so that you can

non-resident account which will aid us in transferring the money into my account

you will nominate in your country or elsewhere. This money I intend to

use for investment.

I have options to offer, first you can choose to have certain percentage

of money for nominating your account for the transaction, or you can

go into partnership with me for a proper profitable investment of the

money in your country. Which options you choose, feel free to notify

me please, contact me with the above E-mail address or call me briefly

with the above telephone number and I will call you back for more details

on the subject. I implore you to maintain the absolute secrecy require

in this transaction. I wish you the best of luck.

Thanks and God bless.

Sincerely yours

MR. NELSON DANDY (JNR.)

--- 

FROM;FRANK

TELE 27-834348337

                INVESTMENT AND ASSISTANCE. 

Dear, 

My names is Frank Amanda ,the elder son of

Mr. Mathew Amanda of Zimbabwe. It might be a

surprise

to you where I got your contact address, I got it from

the net.

During the current crises against the farmers of

Zimbabwe by the supporters of our President Robert

Mugabe to claim all the white owned farms in our

country, he ordered all the white farmers to surrender

their farms to his party members and their followers.

My father was one of the best farmers in the country

and knowing that he did not support the president’s

political ideology, the president’s supporters invaded

my father’s farm burnt down everything, shot him and

as a result of the wounds sustained, he became sick

and died after two days. And after his death, My mother

and I with two of my younger sisters decided to move

out of Zimbabwe for the safety of our lives to

South-Africa.

 Before he died, he wrote his "WILL", which reads

"(MY BELOVEED SON ,I WISH TO DRAW YOUR ATTENTION TO

THE SUM OF $14.7 MILLION U.S DOLLARS WHICH I DEPOSITED

IN A BOX WITH A SECURITY COMPANY IN JOHANNESBURG

(SOUTH-AFRICA). IN CASE OF MY ABSENCE ON EARTH CAUSED

BY DEATH ONLY".

you should solicit for reliable foreign partner to

assist you to transfer this money out of SOUTH-AFRICA

for investment purpose. I deposited the money in your

name and it can be claimed by you alone with the

deposit code. your mother has all the documents. Take

good care of your mother and two sisters."

>From the above, you will understand that the lives and

future of my family depends on this money as much, I

will be very grateful if you can assist us. We are now

living in South-Africa as POLITICAL ASYLUM SEEKERS and

the financial law of  SOUTH-AFRICA does not allow

ASYLUM SEEKERS certain financial rights to such huge

amount of money .In view of this, I cannot invest this

money in South-Africa, hence I am asking you to assist

me transfer this money out of South-Africa for

investment purposes. For your efforts, I am prepared

to offer you 20% of the total fund, while 5% will be

set aside for local and international expenses and 75%

will be kept for my family and I.(ME).

Finally modalities on how the transfer will be done

will be conveyed to you once we establish trust and

confidence between ourselves. Looking forward to your

urgent reply from you.

NOTE: THE KEY WORD TO THIS TRANSACTION IS ABSOLUTE

CONFIDENTIALITY AND SECRECY. THIS TRANSACTION IS 100%

RISK FREE. YOUR URGENT RESPONSE WILL BE HIGHLY

APPRECIATED.

 Regards 

Frank Amanda

---  

STRICTLY CONFIDENTIAL

FROM: MRS KATHY NABANYAMA.

BULAWAYO-ZIMBABWE.

IN A BRIEF INTRODUCTION,MY NAME IS MADAM KATHY NABANYAMA,A ZIMBABWEAN.DO NOT BE SURPRISE ON HOW I GOT YOUR CONTACT AS GOD HAS A WAY OF HELPING WHO IS IN A PROBLEM.THOUGH I GOT YOUR CONTACT AMONG OTHER DIRECTORIES IN A PROFESSIONAL JOURNAL FOUND IN MY COUNTRY'S TRADE CENTRE.AFTER THE 2 DAYS PRAYERS/FASTING FOR GODS INTERVENTION TO FISH OUT WHO WILL BE CAPABLE OF ASSISTING ME INVEST FUND LEFT BY MY HUSBAND.I WAS THEN DIVINELY DIRECTED TO CONTACT YOU AMONG OTHER NAMES FOUND IN THE DIRECTORY.

DURING MY HUSBAND'S TENURE AS THE CAMPAIGN AIDE TO MR DAVID COLTART A PRESIDENTIAL CANDIDATE UNDER MOVEMENT FOR DEMOCRATIC CHANGE(MDC).HE WAS ENTRUSTED BY HIS BOSS (MR DAVID) TO KEEP THE SUM OF $25.5 MILLION USD TO BE USED DURING THE ELECTIONEERING CAMPAIGN BEFORE MY HUSBAND SUDDEN ABDUCTION BY ZANU-PF THE WAR VETERAN USED BY THE PRESENT PRESIDENT ROBERT MUGABE.SINCE MY HUSBAND ABDUCTION ON 19TH JULY 2000,HIS WHEREABOUT TILL TODAY PROVES ABORTIVE AS ALL THOSE THAT WAS ASKING AFTER MY HUSBAND WERE EITHER ARRESTED OR SERIOUSLY BEATEN UP BY AGENTS OF THE GOVERNMENT.MY DETERMINATION TO KNOW MY HUSBAND WHEREABOUT WORSEN THE SITUATION AS I WAS DECLARED WANTED BY THE PRESENT GOVERNMENT AND EQUALLY ORDERED FOR SEIZURE OF MY HUSBAND ACCOUNT AND ASSETS.HENCE I CALLED ON MY INTERNATIONAL LAWYER IN THE NAME OF MR JOHN NOKO WHO HELPED ME MOVE THE BOX CONTAINING THE ENTRUSTED MONEY TO A SECURITY COMPANY IN TOGO  WHERE THE MONEY IS BEEN DEPOSITED AS PERSONAL EFFECTS IN DISGUISE FOR SECURITY REASON.

RIGHT NOW I WANT YOU TO ASSIST ME WITH MY LAWYER WHO IS RIGHT NOW IN TOGO WHERE THE FUND IS BEEN DEOPSITED WITH A SECURITY COMPANY AND INVEST THIS FUND FOR MY FAMILY UPBRINGING ESPECIALLY MY SONS WHOM I WILL LIKE TO USE PART OF THE MONEY FOR THEIR CONTINUITY IN EDUCATION.CURRENTLY I AM HIDING IN ONE MY AUNTIES HOUSE AT THE OUTSKIRTS OF CITY IN ZIMBABWE THOUGH I AM MAKING PLAN TO MOVE OUT TO ANOTHER COUNTRY BUT THAT SHOULD NOT BE NOW AS MR MUGABE IS STILL AFTER MY LIFE.ALL THE RELEVANT DOCUMENT FOR THE DEPOSIT OF THE BOX OF MONEY IS WITH MY LAWYER WHICH WILL BE SENT TO YOU ON DEMAND . ONCE YOU DECLARE YOUR INTEREST TO ASSIST ME IF POSSIBLE I WILL JOIN MY LAWYER IN TOGO FOR THE TRANSACTION.

FOR YOUR ASSISTANCE,YOU WILL BE ENTITTLED WITH 30% OF THE TOTAL SUM,65% WILL BE FOR ME AND MY FAMILY INCLUDING LAWYERS COMPENSATION WHILE 5% WILL BE USED TO DEFRAY ANY INCIDENTAL CHARGES WE MAY INCURR IN THE COURSE OF THIS TRANSACTION.

THIS TRANSACTION IS 100% RISK FREE BUT NEED UTMOST CONFIDENTIALITY AND SECRECY DUE TO MY PRESENT CONDITION IN MY COUNTRY.ALWAYS UPDATE ME ON THE USEFUL INFORMATION REGARDING TO THE DEVELOPMENT OF THE TRANSACTION ONCE STARTED VIA THIS MY PRIVATE EMAIL ADDRESS.FOR YOUR QUICK REFERENCE TO KNOW WHAT I AM PASSING THROUGH ON THE HAND OF THIS WICKED TERROR CALLED GOVERNMENT OF MUGABE.PLEASE VISIT www.mdczimbabwe.com/violence/violence.htm.

I  COULD NOT INCLUDE MY LAWYERS PERSONAL CONTACT INFORMATION DUE TO SECURITY REASON BUT WILL BE PROVIDED TO YOU ONCE YOU DECLARE YOUR INTEREST TO ASSIST ME.

HOPING TO HEAR FROM YOU.

GOD BLESS

MRS KATHY NABANYAMA.

---- 

I AM MAKING THIS CONTACT BASED ON MY PRESUMED

RELIANCE, AFTER GOING THROUGH A BRIEF PROFILE OF YOUR

COMPANY HERE IN THE GHANA INTERNATIONAL TRADE AFFAIRS

COMMISSION.

I AM ALHAJI AL-MUSTAPHA TIJANI (A GHANAIAN). I AM A

CUSTOMS SUPERINTENDENT OFFICER ATTACHE TO THE GHANA

PORTS AND HARBOURS AUTHORITY. TEMA. AND I AM

CONTACTING YOU TO ESTABLISH THIS RELATIONSHIP WITH YOU

IN BENEVOLENT SPIRIT AS TO ENHANCE IMMEDIATE

RESOLUTION TO AN OPPORTUNITY RIGHTLY AT HAND.

IT WAS MORE LIKE A DREAM WHEN TWO OF MY COLLEAGUES I

INTERCEPTED THREE (3) GIGANTIC TRUNK BOXES AT OUR SEA

PORT IN THE EARLY HOURS OF 20TH AUGUST, 2001 IN THE

ATTEMPT TO SHIP THE BOXES OUT OF THE COUNTRY.

SUBSEQUENTLY, THE OWNERS WHOM ACCORDING TO OUR

INVESTIGATIONS WERE NIGERIAN POLITICIANS (THE LATE

GENERAL SANI ABACHA'S ENTOURRAGE) WITHDREW FROM THE

OPERATION SINCE THEY OBVIOUSELY STAND NO CHANCE OF

DEFENDING THE SOURCE OF THE CONTENT OF THESE BOXES.

ALSO, AS A MATTER OF FACT THAT THIS SAME PEOPLE ARE

ACCORDING TO OUR INVESTIGATION FACING CHARGES OF LOOTS

AND HUMAN-RIGHT ABUSES IN NIGERIA.

AFETR DUE INVESTIGATIONS AND CLEARIFICATIONS, WE HAVE

DECIDED TO OWN THESE BOXES WHICH'S CONTENT I CANNOT

DISCLOSE NOW FOR SECURITY REASONS, TO OURSELVES. SINCE

WE HAVE EARLIER DECIDED NOT TO OFFCIALLY ANNOUNCE THIS

INTERCEPTION FOR ABVIOUS REASONS.

I AM SURE THAT YOU WILL BE SUPRISED TO KNOW THE

CONTENT OF THESE BOXES. HOWEVER, THE RECENT REPORTS

ABROAD AND ON THE INTERNET ABOUT THE FROZEN BILLIONS

OF BRITISH POUND STERLING AND USA DOLLARS, OWNED TO

THE ABACHAS WILL CONVINCE YOU.

WE URGENTLY NEED AN INTERNATIONAL ASSISTANCE AS TO

ENABLE US TRASNFER THESE BOXES AND THEIR CONTENTS

ABROAD. MEANWHILE, I AM ONLY SENDING THIS PROPOSAL TO

ASCERTAIN YOUR INTREST AND ONCE POSSITIVE RESPONCE IS

RECIEVED FROM YOU, ASSURING ME OF YOUR UTMOST

COOPERATION, SINCERITY AND CONFIDENTIALITY, I WILL

PROCEED TO FURNISH YOU WITH ALL DETAILS AND HOW WE

INTEND TO CARRY OUT THIS RISK FREE TRANSACTION WITHOUT

FURTHER DELAY.

I ATTACHED A PICTURE OF THE CONSIGNMENT FOR YOUR

CONFIRMATION. CLICK ON THE PICTURE TO ZOOM FOR A

CLEARER VIEW. ALSO, A DOCUMENT FOUND ON TOP OF THE

MONEY IN ONE OF THE BOXES.

YOU CAN CALL ME OR EMAIL.

THANKS FOR YOUR ANTICIPATED COOPERATION.

ALHAJI AL-MUSTAPHA

DIRECT LINE: + 233 20 8170467.

NB: I SHALL COUNT ON YOUR INDULGENCE TO KEEP THIS

INFORMATION VERY SECRET AND CONFIDENTIAL.

--- 

Dear Sir,

 I am the eldest son of  the late Henri Obi Kabongo

(a foremost human rights activist in the Democratic

Republic of Congo). My father died in March 2000 as a

result of the inhumane treatment meted out on him

while in prison by the government of Laurent Kabila.

However, it is particularly important to mention here

that before the death of my father, he was a

successful businessman and his business empire

includes real estate, exportation,  and consultancy

services which cut across Africa. He was able to

accumulate enough money both  in local and foreign

currencies through his business empire. In fact, he

was at one time rated among the first five richest

Congolese businessmen by one of the leading business

magazines in my country. His entire business has been

on the upward trend over the past ten years, bringing

his net profit during the period under  review to

Twenty one million U.S dollars ($21,000,000). This of

course does not include his assets which are already

running into millions of dollars. Having said all

this, there was a twist in my father's success story

following  his confrontation with the government of

Laurent Kabila who has been quite high-handed and

dictatorial in his policies and day-to-day running of

the affairs of the Congolese people. My father being a

human rights activist, criticized his government  in

both local and international newspapers. This

infuriated him and he clamped my father in jail until

he died in March two years ago due to ill health.

Fortunately, before the arrest of my father, his

attorney acting upon his instructions, transferred the

sum of Twenty one million U.S dollars ($21,000,000)

from his local banks to a security  firm overseas. He

did this for fear of this accounts being frozen by

the government. Following my father's death, my entire

family  decided to seek  political asylum in

Lome-Togo, as the eldest son of my late father and

according to our tradition in Africa. I have now

inherited all my father's wealth. Considering the

present face-off  between Kabila and my family,  I was

then advised by my father's attorney (presently my

attorney) to seek the assistance of someone based in

your country to receive the amount  in question being

($21,000,000). Since I have the intention of

relocating my family there with the aim of settling

down there and investing. I have decided to give you

5% of the total amount involved and I have also set

aside 5% for any expenses that might be incurred  in

the course of this transaction. To finalize this

transaction you will have to contact  me via my e-mail

address (p_obi@mail.com). further discussions will

be centered on how and when  we shall be meet after

the fund is in your account. I shall expect you to

keep this transaction confidential due to the present

circumstance of my family and I urgently await your

response.

Yours faithfully

Peter Obi  Kabongo

--- 

Email: mikeadisa3@lycos.com

Cotonou, Republic of Benin

Compliments of the day to you!

I am an undergraduate of the Universite Du' Benine, Cotonou, Benin. I am 22years old and Studying Computer Science in the above institution and in my final year here in Benin.

I want to seek your assistance for a very important and confidential matter as regards my future. I am from a polygamous home, my father is a rich man, and I am the first son of my father. My father is married to two wives; my mom being the senior wife but bore only me whilst my stepmother has five (5) children. Unfortunately, in February 2002, I lost my father - he died in ghastly motor accident in Kenya while on his usual business trip. Due to this incident, there has been problems in my home, my fathers family and his immediate relations relations, including my stepmother are all scrambling for my dad's wealth.

However, I wish to inform you that recently I got hold of my father's safe and inside it I got a list of his assets and finances, but the one of interest to me is a legacy left behind for me. In it, though dead now, he signed me as his next of kin. He lodged money in a security company abroad, the sum of US$8,500,000.00 (eight million, five hundred thousand U.S. Dollars) which he left strict instructions that upon his death - the money should only be given when I present a foreign investor.

With regards to this, and my inexperience to money matters and an amount of this magnitude. I am hereby seeking assistance to help me receive and transfer this money into a new account in your country where I shall finally come to live after my graduation and the money successfully kept in your care.

In all, I need someone trustworthy to assist me in not only taking this money out, but should be ready to help me manage this money business wise, in fact be my money manager. You will be well compensated.

In respect of the above, if you are ready to assist me, I want you to revert back to me immediately via my private email; mikeadisa3@lycos.com

Thanks for going through this letter.

My sincere wishes.

MIKE ADISA.

---- 

CONFIDENTIAL BUSINESS PROPOSAL

You may be surprised to receive this letter from me, since you do not know me personally.” My Name is Team Nkono  "The purpose of my introduction is that" Before the death of my father, he had taken me to Johannesburg to deposit the sum of US8.5 million (Eight million, Five Hundred thousand United States dollars),in one of the private security company, as he foresaw the looming danger in Zimbabwe this money was deposited in a box as gem stones to avoid much demurrage from security company. This amount was meant for the purchase of new machines and chemicals for the Farms and establishment of new farms in Swaziland.

This land problem came when Zimbabwean President Mr.Robert Mugabe introduced a new Land Act Reform wholly affecting the rich white farmers and some few black

farmers, and this resulted to the killing and mob action by Zimbabwean war veterans and some lunatics in the society. In fact a lot of people were killed because of this Land reform Act for which my father"Nkono  Ndlovu"was one of the victims.

It is against this background that, I and my family fled Zimbabwe for fear of our lives and I currently staying in the Netherlands where my family are seeking political asylum and more so I have decided  to transfer my father’s money to a more reliable foreign account. As the eldest son of my father, I am saddled with the responsibility of seeking a genuine foreign account where this money could be transferred without the knowledge of my

government who are bent on taking everything we have got. The South African government seems to be playing along with them. I am faced with the dilemma of

moving this amount of money out of South Africa for fear of going through the same experience in future, both countries have similar political history. As a businessman, I am seeking for a partner who I have to entrust my future and that of my family in his hands, I must let you know that this transaction is risk free. If you accept to assist me and my family, all I want you to do for me, is to make an arrangements with the security

company to clear the consignment(funds) from their affiliate office here in the Netherlands as I have already given directives for the consignment to be brought to the Netherlands from South Africa. But before then all modalities will have to be put in place

like change of ownership to the consignment and more importantly this money I intend to use for investment.

I have two options for you. Firstly you can choose to have certain percentage of the money for nominating your account for this transaction. Or you can go into

partnership with me for the proper profitable investment of the money in your country. Whichever the option you want, feel free to notify me.  If you do not prefer a partnership I am willing to give you 20% of the money while the remaining 80% will be for my investment in your country. Contact me with the above telephone number and E-mail:team_nkono@yahoo.co.uk while I implore you to maintain the absolute secrecy required in this transaction.

Thanks, God bless

Yours Faithfully,

Team  Nkono.

--- 

(very similar letter, but from a different person )

Mutsaka Edward,

Nederland’s.

TEL.0031-613-297-819

      CONFIDENTIAL BUSINESS PROPOSAL

You may be surprised to receive this letter from me since you do not know me personally. The purpose of my introduction is that I am MUTSAKA EDWARD, the first son of TANKO MUTSAKA,the most popular black farmer in Zimbabwe who was recently murdered in the land dispute in my country.

I got your contact through network online hence decided to write you. Before the death of my father, he had taken me to Johannesburg to deposit the sum of US8.5 million (Eight million, Five Hundred thousand United States dollars), in one of the private security company, as he foresaw the looming danger in Zimbabwe this money was deposited in a box as gem stones to avoid much demurrage from security company. This amount was meant for the purchase of new machines and chemicals for the Farms and establishment of new farms in Swaziland.

This land problem came when Zimbabwean President

 Mr. Robert Mugabe introduced a new Land Act Reform wholly affecting the rich white farmers and some few black farmers, and this resulted to the killing and mob action by Zimbabwean war veterans and some lunatics in the society. In fact a lot of people were killed because of this Land reform Act for which my father was one of the victims. It is against this background that, I and my family fled Zimbabwe for fear of our lives and are currently staying in the Netherlands where we are seeking political asylum and more so have decided to transfer my father’s money to a more reliable foreign account. since the law of Netherlands prohibits a refugee (asylum seeker) to open any bank account or to be involved in any financial transaction throughout the territorial zone of Netherlands, As the eldest son of my father, I am saddled with the responsibility of seeking a genuine foreign account where this money could be transferred without the knowledge of my government who are bent on taking everything we have got. The South African government seems to be playing along with them. I am faced with the dilemma of moving this amount of money out of South Africa for fear of going through the same experience in future, both countries have similar political history. As a businessman, I am seeking for a partner who I have to entrust my future and that of my family in his hands, I must let you know that this transaction is risk free.

If you accept to assist me and my family, all I want you to do for me, is to make an arrangements with the security company to clear the consignment(funds) from their affiliate office here in the Netherlands as I have already given directives for the consignment to be brought to the Netherlands from South Africa. But before then all modalities will have to be put in place like change of ownership to the consignment and more importantly this money I intend to use for investment.

I have two options for you. Firstly you can choose to have certain percentage of the money for nominating your account for this transaction. Or you can go into partnership with me for the proper profitable investment of the money in your country. Whichever the option you want, feel free to notify me.

I have also mapped out 5% of this money for all kinds of expenses incurred in the process of this transaction. If you do not prefer a partnership I am willing to give you 10% of the money while the remaining 85% will be for my investment in your country. Contact me with the above telephone number and E-mail:mutsakaedward@lycos.co.uk while I implore you to maintain the absolute secrecy required in this transaction.

Thanks, GOD BLESS YOU

Yours Faithfully,

Mutsaka Edward

  From: Charlie Lester <CLester@LPIFinancial.com>

  Subject: RE: Wednesday--Leasing News---Chicken Little/Wednesday Odds and Ends/Infomercial guru/PinnFund/SBRI

  Date: Wed, 17 Jul 2002 13:33:58 -0500

  To: 'Kit Menkin' Kitmenkin@leasingnews.org

They just won't stop---this was received recently.

MARY KAMARAH TEL:225 07060550

Inquiry of Trust Worthy And God Fearing Person on Investment.

DEAR SIR, I thank Almighty God that made us to be alive till today . I

know my message will come to you as a surprise , but I hope you will

consider me to invest with your company through your assistance . I am

the Wife of the late Rapheal kamarah the former minister of gold and

diamond mining co-operation . My Husband was killed during the sierra

leonean civil war by the rebel force, they shot him on his way to home

which he was rushed to a local hospital. Before the death of my Husband,

as his first wife , he called me beside him and directed me where he

kept reasonable amount of money in Ivory Coast west Africa, he

instructed me that since he knows that he is going to die, that I should

invest the fund in any profitable venture via overseas for the future of

our family .He disclosed to me where he deposited this money in a

suspense account in a local Bank here in Ivory Coast , with the whole

documents related to the money which he gave to me. I am hereby looking

for a trust worthy and God fearing person as instructed me who will

assist me to invest this fund in a profitable venture in any country of

his choice, while the terms of your reward will be discuss with you as

soon as I receive your positive reply. The actual amount my Husband

deposited in the Bank was USD 500,000,00 DOLLARS(five hundred thousand

dollars)but you must keep it secret because of our security here. Why we

are now residing in Ivory Coast for political asylum. I hope to receive

your quick response. Thanks for your co-operation. MRS MARY KAMARAH For

the family

+++++++++++++++++++++++++++++++++++++++++++++++++

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