Headlines—

 

    NAELB  Membership Up 148 Members!

      American Express/Sierra Cities Breaks Affiliates Agreement

           SDI Capital---What the Employees Tell us

             Tommy Larsen and PinnLease Legal Matters

                 Tyco Purchases CIT ---It is Now Official!!!!

                    Nigeria Scams Continue---Here are a few more.

 

 

National Association of Equipment Leasing Brokers Membership Up 25%

 

 

Here are the current numbers for NAELB as of May 30, 2001:

 

            Brokers Members:            437

            Funder Members:            124

            Associate Members:       37 (service providers)

 

            TOTAL:                                 598

 

Please contact me with any further membership/administrative questions you

may have.

 

Thanks!                                    - Buzz Thomas -

bthomas@clemonsmgmt.com

 

 (  At the close of last year, the membership total was 450*  One of the most popular

new features is “listserve,” where only 200 of the 598 members are taking advantage

of.  Here members can go on line and ask where to send a transaction or ask a legal

question or any business question and get an instant response, often from a fellow

broker, but sometimes from a funder.  Often it appears as a “auction” and perhaps

then should be viewed as a “super broker”---but no middleman commissions.

    Another reason for the increase, remarkable in this economy, is the hard work

of two legal experts, Barry S. Marks and Joseph Bonnano, who have worked

for members at all times of the day and for no pay but to help out.  Mr. Bonnano

has a website of legal leasing information: http://www.leasingissues.com and Mr.

Marks has published a book on leasing, available by contacting phdleasing@hotmail.com or bsm@blik.com.

   The NAELB board of directors has an excellent track record for keeping expenses down, providing meaningful services, and getting other members to volunteer their

time to improve the association.  Morale is very high; excellent espirit des corp,

and it is easy to predict the membership should grow to 700 this year, and perhaps

1,000 next year.

   Membership Chair Donna Cole is not scheduling a membership contest at this time,

but is concentrating on improving communications and processes with current members,

working on improving the process at a minimal expense. She has a tough order for

a rapidly growing organization.

    They also have great conferences.  If you have heard anything negative about

NAELB, attend one of their conferences and you will come away with a different

attitude and viewpoint. editor )

 

*  http://www.leasingnews.org/links_section.htm

 

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

 

 ( Leasing News has not been able to verify this from American Express, but this

    came from a reliable source, so we are printing it. editor )

 

Sent: Friday, June 01, 2001 10:02 AM

Subject: Affiliate Program Cancellation Notice

 

June 1, 2001

 

VIA ELECTRONIC & REGULAR MAIL

 

Dear SierraCities Affiliate Member:

 

This letter shall constitute your thirty (30) day notice, as required under

the Affiliate Program Agreement (the "Agreement"), that SierraCities has

elected to discontinue the Affiliate Program, and the Agreement is hereby

terminated effective 11:59 p.m. on July 1, 2001 ("Termination Date").

 

All web site and e-mail links to our application form will be deactivated as

of 12:00 a.m. on July 2, 2001, and thereafter all rights and obligations

under the Agreement shall be deemed cancelled.

 

Pursuant to the Agreement, you will receive commission payments for all

properly funded transactions arising from applications that were received on

or before the Termination Date and submitted from your Internet site or

e-mail messages, whether such funding occurs prior to or subsequent to the

Termination Date.  Please be reminded that no commission will be paid for

any application that does not contain your referral code or that of your

secondary affiliate (if applicable), or for any application that we decline

to fund pursuant to our rights under the Agreement.

 

Please be reminded that all links to the SierraCities site must be removed

from your Internet site and / or e-mail messages prior to the Termination

Date, and you shall have no further rights in or to the same after the

Termination Date.  Additionally, please note that from and after such

Termination Date you shall have no further right to use, as provided in the

Agreement, www.sierracities.com or any of SierraCities' logos.

 

We thank you for your past support, and wish you much luck in your future

endeavors.

 

Very truly yours,

SierraCities.com Inc.

 

By:  Bradley Alexander

Vice President & Treasurer

 

 

 

 

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

 

             Looking for a Few Good Men  ( and Women )

 

Dear Kit

 

Any sales people in Orange County looking for a placement Southern

California Leasing, would entertain employment.   With the loss of many jobs

our office remains open and operational.

 

Our business as seen much growth since the closer of many of our

competitors.

 

Barbara Griffith

bgriffith@socalleasing.co

President

 

 

 

 

 

 

SDI Capital/Reportedly the Daniels Were Not Nice in Their Goodbye to Employees

 

I am friends with several of the now former employees

of SDI Capital that were let go on Wednesday.

 

I am told that SDI didn't simply lay them off, but let

them go without paying them what was owed to them for

work done because there was not enough money to meet

the payroll.

 

Further they were told that TF would pay them if TF

bought the company.

 

Pretty rotten of the Daniels, if you ask me.  They

have enough personal wealth that they could have paid

the payroll.

 

Name Withheld

 

my friend here in ****** was submitting biz through SDI as an employee

and today is/was their payday - they found out instead that the doors were

closed and no pay cks are coming....needless to say he is not only very

upset at losing his job with no notice but also now has no pay coming for

the biz he has submitted.  Not good.....

 

Name Withheld

 

Kit, I kept in touch with you when I was at SDI as I saw the meetings going

on.  Your Leasing News knew more than what they were telling us, but you’ve

go the facts wrong that we were told TotalFunding would be hiring some of

us.  It was a massacre at that day: no notice, no severance, and we were told

we were lucky to get a paycheck as no money was coming in.

 

There is no way Totalfunding can contact us.  I was not here when most of

the portfolio was put on, so don’t blame the current employees. We got

a very raw deal from the Daniels.

 

Name Withheld

 

 ( Note: Many employees send us e-mail by their home e-mail or a free e-mail provider.

    Many people on our readership list also have two addresses, their business and

    home address, as some tell us they read us in the evening or late at night.

 

    Alan Collier of Totalfunding did confirm his company is considering buying

    the SDI Capital portfolio.  He will not comment any further at this time. editor )

 

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

 

 

 PinnFund/PinnLeasing

 

Now that the company has been put in receivership, several matters can go on,

including authorizing and rewarding bounty hunters to find the former president

who has disappeared ( a credit card in his name was used in the Bahama’s, authorities

report, and they suspect he is living on one of the small islands ).

 

In the controversy regarding Tommy Larsen and Aloha Leasing, which we have

reported earlier, the Securities Exchange Commission has filed Ex Parte Application for

order to show cause why Tom Larson should be held in Contempt.

 

One paragraph reads:

 

I never authorized Tommy Larsen, or his attorney, to do any of the

following:

 

(a). to obtain or use an Advanta credit card in the name of PinnLease;

 

(b). to change the PinnLease mailing address to Mr. Larsen’s home

   address at 1783 Kings Road;

 

(c). to remove documents, computers or other materials from the

                      PinnFund/PinnLease offices in Carlsbad.

 

There is another, seemingly more serious:

 

 

Mr. Larsen recently founded a new company known as ‘Aloha Pacific Leasing”, operating in Vista California. Mr. Larsen has: 1) attempted to divert PinnLease mail to his home; 2) has been in possession of PinnLease computers and had access to proprietary, downloadable information; and, 3) has had confidential PinnLease records and documents. In all likelihood, Mr. Larsen is using this information, e.g. customer lists etc., to his economic advantage in the operation of his new company. The customer lists, customer information, documents, records, computers and related software and hardware in possession of Mr. Larsen are the property of PinnFund and cannot be used by Mr. Larsen without the express authorization of the Receiver.  actions prohibited by their terms. (See Declaration of Charles G. La Bella at paragraph 6). Mr. Larsen’s use of the property and intellectual property of PinnFund without authorization constitute violations of the Court Orders and Mr. Larsen’s employment agreement with PinnLease. The Receivership now stands in the shoes of PinnFund and PinnLease. Consequently, the Receiver may not only seek the Court’s assistance16 in performing its duties as Receiver, it may also seek to enforce the terms of the employment agreement. to coerce...

 

 

Here is a short part of the above legal paper:

 

. On or about April 24, 2001, Ms. Newell received documents from

 

the United States Post Office confirming that a change of address order had

been filled out requesting that mail sent to “Tommy Larsen” or ‘PinnLease”   the PinnLease offices at 2051 Palomar Airport Road be forwarded to another  address. (See true and correct copies of ‘~Change of Address Orders” from the U.S. Postal Service and correspondence with notice of forwarding address to 1783 Kings Road are attached as Exhibit 7).

 

                    . In addition, Ms. Newell noticed an envelope from Union Bank of

                        California with change of address stickers indicating that PinnLease                          PinnFund records that this was Mr. Larsen’s home address.

 

 These records are public knowledge and posted on the PinnFund.com web site.

 

Leasing News is trying to obtain more information for a complete story, and

hopes to bring you this information by next week.  Mr. Larsen was not available

for comment at press time.  editor.

 

.

 

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

 

  Where In the World is Tom Cetto?

 

Kit on your recent news letter Carol Johnson asked where Tim Cetto was. Tim

is now in partners with Brent Hall of Pinnacle Capital in Wenatchee

Washington. Tim is working with his old crew from the Cascade Leasing days

which was sold to First Sierra then to Brent Hall. 

 

Tim Cetto can be reached at Pinnacle Capital, LLC Phone 888-223-3600

 

Dennis Doyon

ddoyon@inetmail.att.net

 

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

 

 

Tyco Purchases The CIT Group, Inc.

 

 

PEMBROKE, Bermuda, June 1 /PRNewswire/ -- Tyco International Ltd., (NYSE: TYC; LSE: TYI; BSX: TYC), a diversified manufacturing and service company, announced today that it is completing the acquisition of The CIT Group, Inc. (NYSE: CIT, TSE: CIT.U and Exchangeable Shares: TSE: CGX.U), a leading source of financing and leasing capital in more than 30 industries.

 

CIT shareholders approved the transaction on May 23, 2001. As part of the acquisition, Tyco purchased from The Dai-Ichi Kangyo Bank approximately 71 million shares of CIT at a price of $35.02, in cash, per CIT share. The remaining shareholders received 0.6907 Tyco shares for each share of CIT, or a value of $39.68 per share, based on Tyco's May 31, 2001 closing price on the New York Stock Exchange of $57.45 per share.  The total transaction is valued at approximately $10 billion.

 

According to L. Dennis Kozlowski, Tyco's Chairman and Chief Executive Officer:  "We believe that the CIT acquisition will provide immediate growth opportunities for Tyco and CIT.  It is an ideal fit for Tyco and adds great value to our businesses as part of a total package, including financing, which we can offer customers.  Like other landmark Tyco transactions such as Kendall, ADT, AMP, Mallinckrodt, US Surgical and Raychem, we are acquiring a premier franchise and global platform for growth.  Not only will CIT be immediately accretive to Tyco's earnings, but it will also provide ongoing benefits to the shareholders and customers of both Tyco and CIT.  Overall, we believe that this transaction will result in enhanced levels of organic growth, recurring revenue, stable profitability and competitiveness across our Tyco divisions."

 

Albert R. Gamper, Jr., CIT President and CEO added:  "We believe that the Tyco alliance will enhance our leadership position as an innovative global source of financing and capital leasing.  Our shareholders voiced strong support in last week's vote approving the transaction.  We are delighted to become part of Tyco International and look forward to realizing the many synergistic growth opportunities that now lie ahead of us."  Mr. Gamper will remain with Tyco as CEO and President of CIT and will join Tyco's Board of Directors.

 

Consistent with its strategy to capitalize on synergistic opportunities presented by the acquisition, Tyco announced that two of its leading business units, ADT and M/A-COM have entered into arrangements with CIT to provide financing to their qualified, credit-worthy customers.  In the case of ADT, CIT's Specialty Finance Group will offer financing programs and tailored financing solutions in support of ADT's more than 600,000 commercial customers.  These programs will be made available through CIT's DigitalEdge web-based origination system.

 

"Our commercial customers have been asking for financing and leasing options for years and through our new relationship with CIT, we have the ability to quickly and knowledgeably respond to our clients' financing needs effectively providing a higher level of customer service," said Mike Synder, President of Tyco's ADT business.

 

CIT's arrangement with Tyco Electronics' M/A-COM, a world leading developer and manufacturer of radio frequency (RF) and microwave semiconductors, components and IP (Internet Protocol) Networks to the wireless telecommunications and defense-related industries, gives M/A-COM the ability to give its OpenSky Wireless IP Network customers access to CIT's financing. According to Tyco Electronics President Juergen Gromer: "CIT provides an excellent opportunity to Tyco Electronics to better serve its clients by providing access to financing capabilities in various sectors such as telecommunications and for business in various countries.  Our customers are showing great interest."

 

Mr. Kozlowski concluded, "Tyco has an established track record of success in building leadership positions. We expect the addition of CIT will be groundbreaking in terms of new capabilities and opportunities for Tyco as well as CIT."

 

About Tyco International  

 

Tyco International Ltd. (NYSE: TYC; LSE: TYI; BSX: TYC) is a diversified manufacturing and service company. Tyco is the world's largest manufacturer and servicer of electrical and electronic components; the world's largest designer, manufacturer, installer and servicer of undersea telecommunications systems; the world's largest manufacturer, installer and provider of fire protection systems and electronic security services, and the world's largest manufacturer of flow control valves. Tyco also holds strong leadership positions in disposable medical products, diagnostic imaging, bulk pharmaceuticals, wound closure, plastics and adhesives. Tyco operates in more than 100 countries and has expected fiscal 2001 sales of $38 billion.

 

Forward-Looking Information  

 

This release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances.  Actual results may vary materially from the expectations contained in the forward-looking statements.  The forward-looking statements in this release include statements addressing the following subjects:  future financial and operating results; and timing and benefits resulting from the acquisition.

 

The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements:  the risk that the businesses of Tyco and CIT will not be integrated successfully; and other economic, business, competitive and/or regulatory factors affecting Tyco's and CIT's businesses generally.

 

More detailed information about these factors is set forth in Tyco's and CIT's filings with the Securities and Exchange Commission, including Tyco's Annual Report on Form 10-K for the fiscal year ended September 30, 2000 and CIT's Annual Report on Form 10-K for the fiscal year ended December 31, 2000 and their most recent quarterly reports on Form 10-Q.  Tyco and CIT are under no obligation to (and expressly disclaim any such obligation to) update or alter their forward-looking statements whether as a result of new information, future events or otherwise.

 

MAKE YOUR OPINION COUNT -  Click Here  

 

http://tbutton.prnewswire.com/prn/11690X71444428 

 

SOURCE  Tyco International Ltd.

 

CO:  Tyco International Ltd.; The CIT Group, Inc.; The Dai-Ichi Kangyo Bank

 

ST:  Rhode Island, Bermuda, Canada

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

 

Another Nigerian scam.

 

Bruce Kropschot

 

Kropschot Financial Services

116 Estuary Drive

Vero Beach, FL 32963

(561) 234-4544

 

 

DEAR SIR,

 

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

MUSTAPHA (RTD), ELDER BROTHER TO MAJOR HAMZA AL

MUSTAPHA WHO WAS THE FORMER CHIEF SECURITY OFFICER

TO THE MILITARY DICTATOR OF NIGERIA, GENERAL SANI

ABACHA. THE LATE GENERAL SANI ABACHA

DIED UNEXPECTEDLY ON THE 8TH OF JUNE 1998. HIS

COLLEAGUES IN THE ARMY POISONED HIM IN THE PRESIDENTIAL

VILLA (ASO ROCK) BECAUSE HE RULED NIGERIA WITH AN IRON

HAND.

 

WITH THE DEATH OF THE DICTATOR, ELECTIONS WERE HELD IN

THE COUNTRY AND A CIVILIAN ADMINISTRATION WAS SWORN

INTO POWER. WITH THE ADVENT OF THE NEW CIVILIAN

ADMINISTRATION, A DECISION WAS TAKEN BY THE PRESIDENT

OF NIGERIA TO PROBE AND PROSECUTE ALL MILITARY OFFICERS

THAT SERVED IN THE LAST MILITARY REGIME OF THE LATE

GENERAL SANI ABACHA. MY BROTHER, MAJOR HAMZA AL

MUSTAPHA WAS SINGLED OUT BY THE GOVERNMENT OF THE

DAY AS AN ARMY OFFICER THAT MUST BE PUNISHED BECAUSE

OF HIS CLOSENESS TO THE LATE DICTATOR AND GROSS HUMAN

RIGHT ABUSES ON THE CITIZENS OF NIGERIA. MY BROTHER AND

I WERE BEST OF FRIENDS AND HE SHARED ALL HIS SECRETS

WITH ME.

 

THE FORMER CHIEF SECURITY OFFICER TO THE LATE HEAD OF

STATE MAJOR HAMZA AL MUSTAPHA HAD PRIVATE ACCOUNTS

THAT ARE WORTH HUNDREDS MILLION UNITED STATES

DOLLARS AROUND THE WORLD. PRESENTLY HE HAS BEEN

ARRESTED BY THE GOVERNMENT OF THE DAY AND IS

PRESENTLY HELD IN PRISON ON TRUMPED UP CHARGES ON

BEHALF OF THE STATE. I WAS DIRECTLY INFORMED BY MY

CONTACTS AT THE PRESIDENTIAL VILLA, THAT HE WILL BE

CONVICTED BECAUSE OF HIS POSITION AS THE FORMER CHIEF

SECURITY OFFICER TO THE LATE DICTATOR.

 

SHORTLY BEFORE THE PRESENT GOVERNMENT ARRESTED MY

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

SAFEKEEPING. THIS AMOUNT WAS TO BE SENT TO HIS MISTRESS

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

AMOUNT WITH ME STASHED AWAY A PRIVATE SECURITY

COMPANY IN NIGERIA. I CANNOT SEND THIS MONEY TO MY

BROTHER'S MISTRESS ANY MORE BECAUSE OF THE SITUATION

OF THINGS OVER HERE. I NEED YOUR ASSISTANCE IN MOVING

AND SECURING THIS MONEY IN YOUR ACCOUNT ABROAD. I WILL

ADEQUATELY COMPENSATE YOU WITH 20% OF THE TOTAL SUM

FOR YOUR ASSISTANCE AND CO-OPERATION WITH ME TO MOVE

THIS FUND OUT OF THE COUNTRY.

 

THE PRESENT ADMINISTRATION COLLECTIVELY RETIRED

NINETY-TWO SERVING OFFICERS INCLUDING MYSELF A COUPLE

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

ANY MORE BECAUSE THERE ARE INDICATIONS THAT ALL THE

RETIRED OFFICERS MIGHT HAVE THEIR ESTATE CONFISCATED

AS PART OF THE CURRENT SANITATION EXERCISE TO STOP

CORRUPTION IN THE COUNTRY. ALREADY OUR VARIOUS

PRIVATE BANK ACCOUNTS HAVE BEEN FROZEN PENDING THE

OUTCOME OF THEIR INVESTIGATION AND WE ARE BEING

CLOSELY MONITORED. I INTEND TO SAFEGUARD AND INVEST

THIS AMOUNT OF MONEY ABROAD WITH A

RELIABLE FOREIGN BUSINESS PARTNER SO THAT WE CAN

INVEST THE FUNDS IN REAL ESTATE BUSINESS IN YOUR

COUNTRY. THAT IS WHY I AM SOLICITING YOUR ASSISTANCE AND

COOPERATION AS REGARDS THIS BUSINESS. ARRANGEMENTS

HAVE BEEN CONCLUDED WITH A SECURITY COMPANY THAT HAS

FOREIGN OFFICE IN EUROPE TO RECEIVE THE MONEY IN CASH,

DEPENDING ON WHERE IS CONVENIENT FOR YOU.

 

PLEASE INDICATE YOUR WILLINGNESS TO ASSIST ME BY

SENDING TO ME THE FOLLOWING AS THE BENEFICIARY

INFORMATION; BENEFICIARY'S NAME, ADDRESS AND YOUR

PRIVATE PHONE AND FAX NUMBERS SO THAT I CAN CONTACT

YOU AND COMMENCE THE TRANSACTION IN EARNEST. I

AM WAITING TO HEAR FROM YOU VERY SOON.

 

BEST REGARDS.

 

COL. IBRAHIM MUSTAPHA (RTD)

 

 

 

Kit, recently you posted information about a scam of offshore money that a

few people in our business fell for. I just received this notice and thought

I would send this along in case you wanted to alert your readers.

David Alvey

Atlantic Commercial Credit

 

 

ATTN: THE PRESIDENT/CEO

 

FROM:            MR. KOFFI BIYAH

            DIRECTOR, DELIVERY/OPERATIONS TRANSWORLD SECURITIES, SOUTH AFRICA.

TEL:     +27-835853895.

 

Dear Sir,

RE: TRANSFER OF US$25.5M FOR INVESTMENT.

 

I am Mr. Koffi Biyah, the Director of

Delivery/Operations Transworld Securities, South Africa. Our firm is a

security company of high repute with years of outstanding service to the

people of Africa especially top government officials and military leaders

here in Africa. I have resolved to contact you through this medium based on

business proposal that will be of mutual benefit to both of us.  I have not

discussed this transaction with anybody because it is of top secret.

To be explicit and straight to the point. Some time early 1997, a reputable

client of ours deposited a consignment in our company's vault for safe

keeping.  And since then our client has failed to come forward to claim his

consignment, which has accumulated a considerable amount of money in

demurrage.  Consequently, in our bide to contact this client to redeem the

demurrage which his consignment had accumulated we discovered that our

client was the former president of the Federal Republic of Zaire, who died

of illness after he was dethroned in the same year the consignment was

entrusted into our care.  Since the death of our client President Mobutou

Seseseko, none of his benefactors has come forward to claim the consignment

with us, which means that non of his relatives or aids had any knowledge of

this consignment. Hence out of curiosity I decided to secretly open the two

boxes that our client deposited in our vault. And to my surprise I

discovered that the two boxes that were registered as treasurer by our

client actually contained a considerable amount of money in United States

Dollars amounting to about US$25.5million US Dollar. Since this development

I have been nursing plans secretly. I also found out from enquiries and the

foreign media that our late client siphoned a lot of money from his country

while he was in office as head of state. It is my conviction that the

consignment in our vault was part of the money that our client siphoned and

now that he is dead there is no trace to this money in our care.  I am now

soliciting your noble assistance to assist me in transferring this money out

of South Africa to your country for immediate investment with your

assistance.

 

I have also decided that you will generously be entitled to 40% of the total

amount. Upon my receipt of your reply confirming your willingness to assist

me of this transaction, I will immediately arrange and transfer all the

rights of ownership of this consignment to your name to facilitate your easy

clearance and transfer of the complete funds to your country for onwards

investment. This transaction is 100% risk free. Please maintain absolute

confidentiality on this matter.

I await your most prompt response through my email address.

Yours faithfully.

MR. KOFFI BIYAH

 

Kit,

I read about this scam somewhere, if it was on your site please delete, if

not please notify your readers that this IS a scam and not to be taken by

it.

I enjoy reading your newsletter, it amazes me how you always get the inside

scoop first!

Helene G. Kugit

 

Sent: Saturday, May 19, 2001 9:05 AM

Subject: aASSISTANCE

 

 

> Quinton Buthelezi

> Abidjan, Cote d' Ivoire,

> Tel 225 05 87 35 35

> Fax 225 22 41 41 47

>

> DearHelene Kugit

>

> ..It is my pleasure to write you after due

> consideration since I cannot meet you face to face for

> now. I am the only male child of late Chief Chaka

> Buthelezi from Zulu province of the Republic of South

> Africa. Until his death at the hands of some

> unidentified gunmen, he was a successful, reputable

> and international businessman. He traded in precious

> stones like gold, diamond, silver. A week after he

> came back from a business trip to Abidjan, Cote d'

> Ivoire, he was driving in his car with my mother when

> a gang of unidentified assassins opened fire on them.

> My mother died instantly but my father died in the

> hospital five days later. But before he died, he told

> me had deposited the sum of Twenty One Million United

> States Dollars (US$21M) cash at a security company

> (name withheld) in Abidjan, the capital city of Cote

> d'Ivoire (formerly Ivory Coast) a country on the West

> Coast of Africa. He told me he intended to invest the

> money in Ivory business in Cote d' Ivoire, but because

> of the condition of his health, he told me where to

> collect the key of the storage facility, the

> Certificate of Deposit and the Agreement. He also

> advised me to leave South Africa, and look for some

> one outside Africa to help me.

>

> I am writing you now from Abidjan, Cote d' Ivoire with

> the money at the security company. I am very willing

> and ready to negotiate with you the terms of any

> agreement under which you can assist me to withdraw

> this money from the security company and also invest

> the money. My status here is that of a refugee because

> I left South Africa in hurry and could not obtain the

> necessary documents to enable me normalize my stay

> here in Cote d' Ivoire, and I can not go back to S.A

> because of my traumatic experience. Please, if you are

> able, willing and ready to offer me this assistance

> kindly let me know. But if you are not interested, do

> not hesitate to let me know so that I can look

> elsewhere because I am in a desperate need of leaving

> Cote d' Ivoire with my inheritance as soon as

> possible.

>

> Best regards,

>

> Quinton Buthelezi

> Julian Davis

>

 

Kit, What Gov't agency is investigating this?

 

Just received this today.

 

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

From: olivia yeputa [mailto:olivia_yeputa@yahoo.com]

Sent: Tuesday, May 15, 2001 1:07 PM

To: david-rab@mediaone.net

Subject: TREAT AS URGENT CONFIDENTIAL

 

      

         PERSONAL AND STRICTLY CONFIDENTIAL

 

ATTN: David Rabinovitz   

 

I am Mrs OLIVIA OBRUTH YEPUTA, an ivorien widow with

an only son (Jackson obruth yeputa). My husband was

the chief security officer to the ousted president

bede of Ctte d'Ivoire. During the overthrow of 24th

December 1999, my husband was among the people that

were killed by the military. Since after his death, I

ran away with my only son . Sir may I introduce this

business proposal to you, with reference to an

introduction and good recommendation made of you and

your esteemed firm by my close friend, I do hereby

wish to ask for your assistance in an urgent business

transaction that requires absolute honesty and

secrect. Although I did not in any way disclose to my

friend the details of this my proposal due to

confidential nature of this transaction. By virtue of

my husband's position, the former pesident (BEDE) gave

him $50 000 000 00(fifty

million US dorllars) cash in $ 100,00 bill stacked in

a box when he got information that the militeries are

planning to over throw him, immediately my husband was

confirmed dead, I made away with this box with my only

son so that we can not be reached by Mr,BEDE. I have

really been waiting for a more suitable time and

opportunity to contact you concerning this

transaction.

Right now, the money is in a safe place, I deposited

it with a security company in Lome Togo for safe

keeping. I am using this oportunity to seek for your

assistance to move this money to your country, to be

invested on behalf of my only son. For this business

to be concluded immediately, all you need to do is to

arrange to meet with me and my son where this box is

been lodged, open an account in your name, pay in the

whole money after clearing and transfering it to your

chosen account. We can't do that on our own because we

don't have account else where, moreover, we don't have

any business to cover- up that is why you are highly

needed for your assistance.I am ready to offer you 30%

of the total sum and give you the full power

to manage the remaining 70% on behalf of my son.

Contact my son Jackson obruth yeputa, where we are

curently staying in a sisters house in LOME TOGO. Upon

conclusion of arangements, we shall forward to you the

certificate of deposite and the phone and fax number

of the security company for confarmation. However,

call My son at this number (228) 05 51 52 immediately

you recieve this E mail message.Please I want us to

finish this business as quickly as possible.Thanking

you in anticipation of your kind consideration and

urgent reply.

 

Yours faithfuly

Mrs OLIVIA OBRUTH YEPUTA

 

 N/B Please you should reply it by my E mail address.

 

 

 

 

         

 

FROM:JEFF,

MY PRIVATE CONTACT

REPLY BY FAX OR E MAIL ONLY.

FAX/PHONE#:(234)-42-4589155

E-mail:jffeutarzi@yahoo.com

 

FUND MANAGEMENT / BUSINESS OFFER.     

 

DEAR Sir,

 

I humbly wish to seek your assistance in matter that

is very important and needs utmost trust and

confidence, I am Mr. JEFF UTARZI, a close confidant of

one of Nigeria's most powerful family. The wife of top

Government official and an oil magnet i.e. late

General San Abacha former head of State Federal

republic of Nigeria, who ruled from November 17th 1993

to June 8th 1998 and he died suddenly while in office.

The wife wishes to move out of Nigeria the sum of

u$$42 million along with some large quantity of gold

and diamond, she wishes to invest the aforementioned

sum in viable investment overseas.

 

For obvious reasons, my client does not want to place

this fund with established financial institution in

the families name for security reasons. It is her

desire that the deal be handled as quietly as possible

without possibility of any leakage to the public or

government. She has therefore empowered us to find and

negotiate for and interested foreign firm with which

we can use their name to move this money from here,

and assist to invest the fund properly for the family.

 

If you agree to act as a fund manager for my client

and the family, I shall release the sum of u$$42

million to you if you meet my requirements. The money

is available safe with a private security company

coded in a secret name, so upon a favorable response

from you, I shall let you know how you will receive

it.

 

Your commission shall be down payment of 15% of the

total sum, that is u$$6.3 million and annual 10% of

the after tax returns on investment for the first 5

years. Thereafter, the terms shall be varied.

 

Ref: news watch magazine publication of 11th to 18th

October 1999.

 

Sir, if you are capable and willing to participate in

this transaction contact me through my E-mail address:

 

jffeutarzi@yahoo.com

 

In any case, please keep it tight secret.

 

Best regards,

Mr. JEFF UTARZI