Kit Menkin’s Leasing News

www.leasingnews.org  Wednesday, March 27, 2002

accurate, fair and unbiased news for the equipment Leasing Industry

Headlines----

 

“Not True” says John Otto about Centerpoint Financial

   Colonial Pacific Employees Return to Oregon—Welcome Home

      Great News from Susan Adamatis 

          Tyco's CIT debt issue oversubscribed; raised to $2.5 billion

              UAEL—Las Vegas Conference—“Leave Your Children at Home.”

                Equipment Leasing Association Depreciation Schedules                    

                     Nigerianfraudwatch.org Launched---Hoopee-de-doo!!!

                          More Nigeria and African e-Mail

                               Carpediem Offers Regional Seminars in April

                                   Pitney Bowes Selects mySAP CRM  (not CPL)

 

## Denotes Press Release

 

________________________________________________________________________

“Not True,” says John Otto

Centerpoint Financial Services, LLC

1675 Larimer St., Suite 880 * Denver CO 80202 * Tel: (303) 615-5099 * Fax: (303) 615-9790

 

“ Not true” says John Otto, chairman of Heritage Leasing, major stockholder of Centerpoint Financial,
LLC, and Pentech Financial, Campbell, California. “ I

am not pulling the plug on Centerpoint.  It is true we hit a small bump in the road,

but that is taken care of.  “

 

The thirty year plus lease veteran with deep pockets confirmed the resignation of Randy
Schiel, now
former Chief Financial Office, while Otto was in the “far east” the last few weeks
(also visiting Da Nang, where he was shot at 37 years ago.)  He said he was glad
things happened while he was away. He understood Randy Schiell had other opportunities.

 

Leasing News has been receiving rumors about Centerpoint for many months.  We

first learned that Randy Schiell wanted to resign in September, then the Terrorist

hit the United States, and he decided to stay for many reasons.

 

 

It is obvious that John Otto put more money into the company, plus reassured lenders

and other lines of credit he would stand behind the company, plus believed the leasing

market was turning around.

 

“ My confidence in Gordon Roberts as president has never changed or wavered,
“ he said. “ He and Chuck Brazier are doing the best they can in this economy.... We want

to continue to do business with brokers.”

 

Gordon Roberts was at Colonial Pacific Leasing, as well as Chuck Brazier, who

went to Florida, then joined Oren Hall at Heritage of Sacramento, who’s company was

“absorbed” by First Sierra/SierraCities. Both are past presidents of the United

Association of Equipment Leasing ( Roberts 1993/Brazier 2001 ).

 

“ Business is picking up in the entire leasing industry and 2002 will be a good

year for all of us, “ Gordon Roberts said.  “ There really is not much else to

add, except that Randy Schiell has gone on to bigger and better things.”

 

This is from a public website about Randy Schiell

http://www.americanleasing.com/entertainment/monthjokes/monthjoke_Dec_2001.htm:


"My beautiful wife of 27 years, Janelle and I have two great kids, son Chris,
a sophomore at the University of Colorado majoring in Philosophy
(mine was sociology, so there is some hope) and daughter Angela
a freshman at Ralston Valley High School in Arvada Colorado.
We ski a bit, hike a lot and I spend weekends gardening and puttering
(a handyman of sorts, I build sprinklers, decks and finish basements.
We seem to move every time I finish a house. We've spent four years in
this one and I'm down to the basement, so maybe another 4-5 years and
then who knows? Janelle is settled, so she'll kill me if I mention moving)"

”Randy is the chief operating officer for Centerpoint Leasing, Denver, Colorado.
He founded the company along with Gordon Roberts, who is the chief executive
officer. He has over twenty-five years in experience in the financing and lending
business. Since 1979, he has been working in the leasing industry exclusively, with
the majority of that time spent in the small ticket leasing field. His background has
included credit analysis, collection, computer operations, finance and accounting experience.
Prior to Centerpoint Financial Services LLC, he worked for over six years at First Concord
Acceptance, with Gordon Roberts and most of the current CPFS staff. Prior to First Concord,
he was at First Centennial Leasing, where he and Mr. Roberts first began their association.

”Randy Schiell is a graduate of the University of Colorado, and has his MBA from Colorado State
University. He is active in industry associations, including becoming a Certified Leasing Professional. "

 

(Here is a current e-mail address and telephone number.   He did not contribute

to this story in any way. I am willing to swear that in court. There is a lot more

I know from other sources, but not from Mr. Schiell. From my observation,

Mr. Schiell is on the streets looking for a job.  He is a very good man. Editor)

 

Randy Schiell

CRSchiell@aol.com

303-467-9654

 

 

 

 

 

Welcome Home, Kotter

 

As a soon to be former lease processor at Colonial Pacific Leasing. I would like to say on
behalf of everyone in the express documentation department:

 

 Thank You to all the past and present Brokers of Colonial Pacific Leasing. We will miss
all of you! It feels like we are losing hundreds of friends, there will be a void in our
hearts that will take a long time to fill.

 

 Good luck to you all!!

 

 ( Name With Held )

 

________________________________________________________________________

 

Great News from Susan Adamatis 

 

 

 Happy to report I have a new position here in Chicago for a "reputable" lease broker. 

 

Again I stress to anyone out there that is looking for a job in leasing and that is

"network".  I had worked closely with this broker when I was employed at Old Kent
Leasing and as it turns out it is a great company to work for.

 

  Again, the position I hold was not advertised through recruiters etc but by word
of mouth in the industry.  I am working with many leasing companies and am able
to keep in touch and do business with a lot of the same people that I worked
with before.  The job is challenging and the people I work with are terrific.

 

Since I have a new e-mail address at work, please change my address to:

    susana@netlease.com

 

Regards,

 

Susan M. Adamatis    

sophie1900@msn.com      

 

 

 (Great news. We will show you our classified at www.leasingnews.org,

as we help people get jobs. Everyone is not as lucky as Susan Adamatis.  editor )

____________________________________________________________________

 

Please send to a colleague. We are not like any other. We are free, no advertising,

no banners, no allegiance to any employer or money person.  The real “stuff.”

Our readers send us the “inside information” that we pass on to you, after

verification.  Help us to grow.  Send to a colleague.

 

_____________________________________________________________________

 

Tyco's CIT debt issue oversubscribed; raised to $2.5 billion

 

By Associated Press,

 

CHICAGO (Dow Jones/AP) Tyco International Ltd.'s chief financial officer said strong
demand Tuesday for the public debt offering from its CIT Group demonstrates it has
access to sources of financing and liquidity is not an issue.

 

On the firm's seventh weekly conference call with analysts and investors, Mark
Swartz said the enthusiastic response from the market has enabled the company
to increase the size of the global offering to $2.5 billion worth of five- and
10-year notes from the original $1 billion plan.

 

''The deal is going extremely well,'' said Swartz, adding it has been oversubscribed
in multiples of the $2.5 billion offering. He said Tyco would reveal more details on pricing shortly.

 

''Our access to the public market is sooner than we expected when we began
talking two months ago, and it is greater in size than we would have hoped for
also,'' Swartz said.

 

Tyco shares were pummeled earlier in the year on investors concerns about
liquidity and potential accounting irregularities after the company was shut
out of the commercial paper market.

 

In an effort to calm investor worries, the company instituted weekly conference
calls to give investors the opportunity to ask questions about its accounting
and disclosure practices.

 

Tyco plans to either spin off CIT to shareholders or sell it outright as part of
its restructuring. Swartz said the offering Tuesday facilitates this plan by
showing ''CIT is a strong, independent company with financing sources available to it.''

 

Swartz said even if the company spins off Tyco, the removal of the asset,
with any corresponding cash addition to the company's books, wouldn't place
Tyco in violation of any of its borrowing covenants.

 

Shares of Tyco fell 34 cents, or 1.1 percent, to close at $32 in trading
Tuesday on the New York Stock Exchange.

 

 

( Tyco was selling its CIT in “divisions,” not as a “whole” unit.  The bond rating

of GE has changed this, and  we are told by “insiders” who are not allowed to

communicate with us that the action is very similar to having CIT listed

on e-Bay. editor )

 

Las Vegas Conference

 

 “ Don’t bring your children. “

 

     REGISTER BEFORE MARCH 31ST TO GET THE EARLY BIRD RATE!!!

 

"BET ON AMERICA" - EAEL & UAEL Spring Education Conference

Caesars Palace - Las Vegas

May 2 - 4, 2002

 

*2 Days of Educational Workshops

*Roundtable Discussions

*Networking Opportunities

*Service Provider Exhibits

*Anthony T. Galie - Keynote Speaker on Visualization & Goal-Setting Techniques

*Earn CLP CPE Credits at 5 Educational Workshops

*Golf Tournament

 

Don't miss this excellent conference in the best convention city in world, LAS VEGAS!!

 

Visit either www.eael.org or www.uael.org to download the full conference
brochure and to register online. 

Save Today - Register before March 31st to get the Early Bird Rate!

Call Caesars Palace at (800) 634-6661 before March 31st to take
advantage of the special conference rate. 

Make sure to ask for the EAEL/UAEL Group Rate!

 

For questions or detailed information please call either EAEL or UAEL at

EAEL:  (914) 381-5830

UAEL:  (510) 444-9235

 

SEE YOU IN LAS VEGAS!

 

Joanie Dalton - Chief Operating Officer

UAEL - United Association of Equipment Leasing

520 Third Street, #201

Oakland, CA  94607

(510) 444-9235 x27

(510) 444-1346 fax

joanie@uael.org

www.uael.org

 

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

Equipment Leasing Association Depreciation Schedules

 

 

     ELA posted online a table of examples of depreciation changes pursuant to the
30% bonus depreciation provision for 3, 5, 7 and 10-year property.

 

 Please visit http://www.elaonline.com/govtrelations/Federal/DeprtnAdj.pdf
to access the table in pdf format.

 

This is an example of ELA's ongoing effort to keep you informed on current groundbreaking
events in Washington and the impact it will have on YOUR business.

 

 

(Thank you. But why are you going to send an “ambassador” to the inter-association

equipment leasing meeting.  ELA is the only organization not participating.

Story tomorrow. Shame on Mike Fleming and his staff. Editor)

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

 

Nigeria launches Web site to target e-mail scams

 

Nigerianfraudwatch.org


By BRIAN SULLIVAN   Computerworld

Have you received an e-mail claiming to be from Nigerian government
officials or petroleum executives trying to smuggle money out of
their country? Are you getting tired of spiking all that Nigerian spam?

 

Well the Nigerian government is sick of those scams, too.

The African nation, through its high commission in the U.K., recently created
a Web site to target the scheme and offer tips on combating fraud and how to
legitimately invest in Nigeria.
http://www.nigerianfraudwatch.org/QuickPlace/nigerianfraudwatch/Main.nsf/h_Toc/4df38292d748069d0525670800167212/?OpenDocument

A spokesman for the high commission in London confirmed that his government
set up the site to help "investors in Europe and elsewhere" deal with fraud.
However, he declined to discuss the site in any detail.

The site targets the most common scam, in which the spammer says he is a government
official and has a large amount of money that he wants to get out of Nigeria. In the
e-mail, the spammer says he's looking for help and usually asks for a processing fee,
a bank account number or a blank sheet of corporate letterhead.

It's an old scam in a modern package, said Stanton McCandlish, technical director
at the San Francisco-based Electronic Frontier Foundation. McCandlish said he
thinks the scam is so outrageous that no one is taken in by it and wonders if any
good will come out of Nigeria's efforts to stop it.

"This really doesn't have anything to do with Nigeria per se, and I think their site
is more about saving face," McClandish said. "I don't think this is going to slow anything."

However, Tom Geller, founder of SpamCon Foundation, an antispam group also
in San Francisco, said he thinks the Nigerians deserved credit for addressing the
problem publicly.

"It is interesting to me that the government itself is taking this seriously," Geller
said, adding that not enough governments worldwide are addressing the problem of unwanted e-mail.

Both McClandish and Geller agreed that more has to be done overall to attack
spam, but they differed on their approach. Geller said he believes it's best to
attack the problem on a number of levels including government intervention.

However, McClandish said too much time has been wasted lobbying governments
trying to get antispam laws passed. The solution, he said, is through technology.

"Technical fixes probably shouldn't be that hard, but years and years have been
wasted lobbying," McClandish said.

Both agreed that the amount and extent of spam has taxed governments' efforts
to combat it. Geller also said that antispam forces are further hindered because
spam laws tend to be civil infractions, not criminal, which leaves it up to individuals to prosecute.

Still, Geller said, he was cheered by the U.S. Federal Trade Commission's
recent actions against spammers and by the Nigerians' attempt as well.

"It is always encouraging when a government looks out for the people's
best interest," Geller said.

In the meantime, the Nigerian government is encouraging anyone who
has direct contact with the spammers to send information to its Web
site. The site has begun a collection of fake documents that some of the scammers are using.

The site also lays out other scams, including an appeal for Americans
to coach basketball in Nigeria that asks for a $150 registration fee.
Another scam offers the recipient 20% of millions of dollars held in
a Nigerian bank account that is supposedly held by a businessman who
died in a plane crash. The user is asked to stake a claim of being the
deceased person's next of kin, and a fee is requested to process the will.

 

More Nigeria and African eMail

 

 (Leasing News has printed perhaps as many as 100 letters, all different,

but with the same theme.  Here are some new ones sent to us by our

readers....we have more, but will save them for another day.editor )

 

 

FROM: Mariam Abacha(Mrs).

NIGERIA

 

 

URGENT ASSISTANCE

 

I am Mariam Abacha(Mrs), the widow of Late General Sanni Abacha, former
Nigeria Head of State. In May last year the Present Democratic Government
of President Olusegun Obasanjo sent Security men to my most Senior son's
house Mohammed and recovered about $700m cash kept in his house by
My late husband and our properties were confiscated and since then, my
son has been in jail in northern part of Nigeria for this purpose and I myself
has been put under Government monitoring. My bosom friend gave your
contact to write you in view of this transaction. I have US$45 million
money kept with Trust Security Company in West Africa. Now I want
you to  represent me in claiming this fund on my behalf quickly as
Government investigators are monitoring my movement since the
death of my husband to recover more money.

Due to my present Predicament I am soliciting to entrust this money in
your custody till this trial period of my family is over. For your
assistance, I will give you 30% of the total money as soon as
I reach to a compromise with you. I shall inform you of the
Trust Security Company's Contact and the claiming modality.100% risk
free is guarantee in this transaction.

 

Please don't hesitate to assist me because I am very

much in need of your help.

 

Thank you,

 

Mariam Abacha(Mrs).

(Ex First Lady of Nigeria)

Note: you are the only person known about this

information, so It must be kept absolute confidential.

 

From: folly boateng <follyboateng@yahoo.com>

  Subject: CONFIDENTIALBUSINESS

  Date: Fri, 15 Mar 2002 02:29:15 -0800 (PST)

  To: kitm@americanleasing.com

 

 

                    CONFIDENTIAL MESSAGE

                    TEL:+228-948-61-76.

ATTN: Dear Sir,

 

I got your contact through a lady that works with

chamber of commerce here in Lome - Togo. I thought I

should contact you for a fruitful business

relationship.

 

I am FOLLY BOATENG, the son of JOSHUA BOATENG the

former deputy minister of finance under the executive

civilian president of SEIRRA LEONNE, Ahmed Tejan

KAbbah.

 

As at when the military Junta led by major Paul

Koromah struck and overthew the government of SEIRRA -

LEONE, the president was forced to run into exile in

CONAKRY GUINEA while some of his closest aids left to

other countries. When the coup took place many top

government officials were assassinated including my

father who was unlucky not to have escaped with the

president. In the course of this confusion, I went

into my father's under group safe and saw two trunk

boxes containing the sum of thirty-million united

states DOLLARS(30Millions US Dollars).

 

I now decided with the assistance of my mother to move

this money to my mother's village in the country side

for safe keeping while the war was going on. Right now

the United Nation (U.N.) and Rev. Jessy Jackson of

America with organization of African Unity (O.A.U)

heads of state has initiated a peace move in the

country between the president and the rebel leader.

With this peace talk going on, it gave me the

opportunity to smuggle the trunk boxes through a

fishing boat to a more safer place in Lome - TOGO in

west Africa. On my arrival in Togo I deposited the

boxes with a security company as family treasures and

jewelries of which the security company does not know

the real content of the trunk boxes. I did it for

security purposes.

 

Now what I want you to do for me is to help me wire

this money to your country or you come down to LOME -

TOGO to see this money yourself and we talk about it.

For all this your assistance you are entitled to 30

percent of the total amount.

 

I am expecting to hear from you as soon as possible.

 

Best regards,

 

FOLLY BOATENG.  

We have major world banks in London, and Zurich who

are willing to confirm funds for you, against payment

of a fee. To receive our offer, please fax: +1 (801)

504 0334 these details on your letter head:

 

(1) Exact verbiage which you require to be issued

(2) Face amount required

(3) Term of validity required

(4) Do you need the confirmation as original hard copy

issued by the bank or SWIFT?

 

(5) Minimum fees are US$ 200,000.- which will have to

be deposited into an independent law firm's escrow

account AFTER we have signed contracts, but before the

bank confirmation is issued for you. Please confirm in

your fax that you have these funds available right now

and that you can accept this mode of payment.

 

(6) Clearly state your e-mail address.

 

=============================================

YOUR REPLY HAS TO COVER ALL THE ABOVE ISSUES.

IT SHOULD BE SENT BY FAX TO +1 (801) 504 0334.

OFFER WILL FOLLOW WITHIN 24 HOURS. ENQUIRIES

NOT IN LINE WITH THIS ARE NOT ANSWERED!

=============================================

 

 

SUBJECT:BUSINESS RELATIONSHIP

 

This contact is tantamount to an unflinching desire to establish a
long mutual business relationship based on trust and mutual

understanding.

 

I am Mr. Louis Taye the former Adviser on special duties to the
ousted Robert Guei the president of coted’ivorier in West

African region.

 

The recent development in the country is no more news to the
outside world.  President Robert Guei after losing his ambition

to transform himself from military to civilian president, he ran away
to a neighboring

country Benin Republic seeking political asylum.  All the people
that served in his cabinet including the former Ministers and his

political Associates, everybody is at large.

 

During my tenure as the Adviser on special duties I was also in
charge of Finance of his political ambition.  It was while on

these privilege positions that I kept in my custody the sum of
US$20.5M(Twenty Million Five Hundred Thousand US Dollars

Only}.

without the fore-knowledge of the President.

 

Just last two weeks  I arrived Nigeria the Headquarters of (ECOWAS)
with my family for safety reasons, we were granted

political asylum by the

country Nigeria because of my strong opposition to general Robert
Guei, political plans which  was against the wish of the

people.

 

This is the reason why I am  asking for your assistance to enable
me invest the fund in your city, settle down with my family and

also have you as my mentor.

The fragile political system in Africa does not encourage me on
long term investment project.

 

This sum has been deposited in a security company in
CAYMAN ISLAND and awaiting proper documentation and claims.

My problem now is that I do not own a foreign account, that
is why I need your assistance. You

or your company should act just as the beneficiary.

 

This business is intended to benefit both parties involved,
I have therefore, agreed to share proceeds from it in the following

ratio: 10% for you, the

account owner and 90% for us.

My attorney has perfected all the arrangement

to effect complete dislodgement of this fund. They have
equally guaranteed 100% smooth transfer.

 

I want you to understand that this transaction must be kept
in utmost confidentiality and secrecy as  my  future welfare  hugely

depend  on it

 

Thank you for your co-operation in advance with an assurance
that this is the beginning of our long term business relationship.

 

Best regards,

Louis Taye

 

 

DR. KEFFE DAFE (CHAIRMAN)

DEBT MANAGEMENT COMMITTEE (DMC)

FEDERAL SECRETARIAT ANNEX

IKOYI-LAGOS, NIGERIA.

 

 

FOR THE STRICT ATTENTION OF THE MANAGING DIRECTOR/CEO

Dear Sir/Madam,

 

RE: URGENT BUSINESS PROPOSAL.

We in the above named committee were inaugurated by

the Presidency to investigate, review and recommend

for payments all Ministerial  contracts awarded during

the five years of the Late General Sani Abacha

(Military Head os Stae in Nigeria (1994-1999).

 

Our committee have also been given the constitutional

backing by the National Assembly ( The highest law

making body in Nigeria ) to adjudicate and approve for

immediate payments in collaboration with the Federal

Ministry of Finance (FMF) and the Central bank of

Nigeria (CBN)all contracts approved genuinely by these

Ministries and Parastatals between 1994 and 1999.

These contracts as recommended for consideration and

immediate approval for payment must pass preliminary

examination for total completion and commissioning of

such job/contracts before it can receive the approval

of this constituted body.

 

In the light of the above, during our review of

contracts awarded in the Nigeria National Petroleum

Corporation (NNPC), we discovered contracts awarded to

the tune of US$435,500,000.00 ( Four hundred and

thirty five Million, five hundred thousand United

States dollars ). This, we have discovered that the

original contract amount was as quoted initially by

the consortium of foreign firms  who secured and

executed these contracts was US$395,550,000.00. This

original contract amount was perfected over-invoiced

by US$39,950,000.00 making up the amount above

(US$435,500,000.00).

 

Now, we want to seek  your assistance and permission

to enable us front you and your company as the

contractor who executed these contract to put in

letter of claim application to transfer the

over-invoiced amount (US$39,550,000.00) to your bank

account for us. This is because the original

contractors have been duly paid their contractual

entitlement (US$395,550,000.00) as approved for them

leaving behind the over-invoiced amount now floating

in the suspense account of the Central bank of Nigeria

awaiting claims. These amount is not known to the

contractors that executed such contract that we in

this committee have  approved for claim the

over-invoiced amount for immediate payment to

ourselves.

 

Your share in this exercise is 30% as the owner of the

account and for your other participation as may arise.

 

Please, We need your assistance/permission,

total commitment and cooperation to get this money

transferred in your account you will send to us. As

we are not allowed by law in Nigeria to own and

operate foreign account while in government. Inform us

of your good interest to do this business with us  to

enable us give to you more details. Please time is of

immanent.

Thank you as I wait for your urgent response.

Best Rgds,

Dr. Keffe Dafe.

 

 

--

keffe dafe

keffe@onebox.com - email

(866) 251-5168 x2969 - voicemail/faxAlhaji Tijani Abdulahi

( Director of Operations)

Bureau for Public Enterprises (BPE)

Federal Government Secretariat

Abuja, Nigeria.

Direct Fax: 234 &#8211; 9 -2726342

 

ATTN: Joe Reyna

 

INVESTMENT PROPOSAL

 

In order to liberalize the Nigerian Economy, The Federal Government of Nigeria
has mandated the Bureau for Public Enterprises (BPE) of which I am the Director
of Operations to privatize certain Government parastatals by selling major shares
of these parastatals to individuals including foreigners like you.

 

As a member of the BPE, I am not authorized to buy shares in these parastatals
but if you must buy, it has to be with the assistance of foreign partners.

 

Now I have the required funds to buy these shares, so I want you to come in
with me as a foreign partner in this transaction since I am not authorized to buy
shares. I will present you as the individual who will buy the shares while I will
provide the required fund needed for you to buy the shares.

 

Some of the companies billed for privatization are Nigerian National Petroleum
Corporation (NNPC), National Electric Power Authority (NEPA), Nigerian
Ports Authority (NPA), Nigerian telecommunication (NITEL), Nigerian Airways
and many others. These companies make annual profits of several millions of
dollars, so it will be a wise investment to buy their shares.

 

Your urgent response is highly required as we need to submit our Letter of
Intent within the next few days from now. Try to include your direct fax and
phone number as well as your mobile number if any for easy communication
in your reply.

 

Best Regards,

 

 

Alhaji Tijani Abdulahi

DIRECTOR OF OPERATIONS (BPE)

 

From:Mr. Malenge Uwa

Confidential Email:uwa4120@mailcity.com

                                  uwa9800a@arabia.com

Lagos-Nigeria.

 

Attn:President/Ceo.

 

STRICTLY CONFIDENTIAL BUSINESS PROPOSAL

RE: TRANSFER OF US$21.5 MILLION (TWENTY ONE MILLION, FIVE

HUNDRED THOUSAND US DOLLARS ONLY).

 

I know this email will reach you as a surprise, but need not to worry

as we

are using the only secured and confidential medium available to seek

for foreign assistance/partnership in a

business transaction which is

of mutual benefit.

 

I am a member of the Federal Government of Nigeria Contract Award

and Monitoring Committee in the Nigeria National Petroleum Corporation

(NNPC).

 

Sometime ago, a contract was awarded to a foreign firm in NNPC by my

Committee. This contract was over invoiced to the tune of US$21.5M.

U.S. Dollars. This was done

deliberately. The over-invoicing was a deal by my committee to benefit

from the project. We now want to transfer this money which is in a

suspense Account with NNPC into any

Overseas Account which we expect you to provide for us.

 

SHARE: -

For assisting us in this deal, you will be entitled to 30% of the

money,60%

will be for me and my partners while 10% has been mapped out from the

total sum to cover any  expenses

that maybe incurred by us

during the course of this transfer, both locally and international

expenses.

 

I would require your company's name,address,telephone cell phone

and fax numbers and also,

your banking details where the funds will be remitted to.

 

The above information would be used to make formal applications as a

matter of procedure for the release of the money. It does not matter

whether or not your company does contract

projects of this nature described here. The assumption is that your

company won the major contract and subcontracted it out to other

companies. More often than not, big trading

companies or firms of unrelated fields win major contracts and

subcontracts to more specialized firms for execution of such contracts.

 

We have strong reliable connections and contacts at the Central Bank of

Nigeria, as well as the Federal Ministry of Finance and we have no

doubt that all the money will be released and

transferred if we get the

necessary foreign partner to assist us in this deal.

Therefore, when the business is successfully concluded we shall through

our same connections

withdraw all documents used from all the concerned Government

Ministries for 100% security.

 

We are ordinary civil servants and we will not want to miss this once

in a

lifetime opportunity to get rich. We want this money to be transferred

to

your nominated bank for us, before

the present Democratic Government start Auditing all Federal

Government owned Parastatals.

 

Please contact me immediately through my telephone number whether

or not you are interested in this deal. If you are not, it will enable me

scout

for another foreign partner to carry

out this deal. But

where you are interested, send the required documents aforementioned

herein through my above fax number, as time is of the essence in this

business.

I wait in anticipation of your fullest co-operation.

 

Yours faithfully,

Mr. Malenge Uwa

 

Do You Yahoo!?

 

MR. DARVA TABILA

TEL:  27-83-508 6854

EMAIL:  darvatabila@yahoo.com

 

ATTN:  DIRECTOR/CEO

 

STRICTLY CONFIDENTIAL

 

With due respect, trust and humility, I write to you

irrespective of the fact that you do not know me.  Let

me formally introduce myself, I am Mr. Dava Tabila.  I

served as a special military adviser during the

aborted rule of President Laurent Kabila of Democratic

Republic of Congo (DRC) , who was assassinated on

January 16,2001, by one of his close military aides.

I came across your contact courtesy of the World

Business Journal from the Johannesburg Chamber of

Commerce, in my earnest search for a reliable and

trustworthy individual who can help me handle this

confidential business.

 

On May 17, 1997, after months of guerilla warfare,

late president Kabila came to power by successfully

ousting the former dictator, late president Mobutu

Sese Seko.  After assuming office officially on May

29,1997, late president Desire Laurent Kabila, a

former rebel leader, fought a rebellion from the

disaffected Tutsis from Goma in the Eastern Congo

(DRC), backed by Rwanda, Uganda and Burundi, till

late.

 

The late president Kabila had arranged under my care

for arms purchase from the Republic of South Africa

worth US$23.5 Million (Twenty Three Million Five

Hundred Thousand United States Dollars) cash.  The

money was brought into South Africa through diplomatic

means.  Soon after the news of president Kabila’s

death reached me while in Johannesburg, South Africa,

I decided to keep the money for personal purposes.

Presently, the money is deposited and secured in the

vaults of a private security company in Johannesburg

for safe keeping.

 

Presently, I am residing temporarily in Johannesburg

pending the outcome of an appeal filed on my behalf by

my attorney for the Department of Home Affairs to

grant me asylum status. At that moment, I am  in a

dilemma on how to move this money safely out of South

Africa due to its government monetary policies, rules

and regulations.  Moreover, owing to the sensitive and

volatile political status of the region, it would be

most dangerous to attempt investments here as such act

could jeopardize my chances.

 

In recognition for your personal executive powers and

investment opportunities that abound in you country, I

solicit for your assistance in moving this money into

you’re a bank account for safe keeping pending my

arrival for investment.  I have resolved to adequately

compensate you by offering a brokerage commission of

20% net pre-transfer expenses you may incur, 5% set

aside for general expenses and 75% for investment and

I guarantee that all expenses during the transaction

are subject to refund.

 

 I must emphasize that this proposal requires a high

degree of confidentiality and mutual trust.  I have in

mind to establish a genuine business relationship with

you in the nearest future, if you will be able to help

me.  Please let me receive your approval or reply by

direct telephoning or through the email address above

and feel free to ask questions you may consider

relevant.

 

Please accept my warm compliments, as I earnestly

await your urgent reply.

 

Best regards,

 

DARVA TABILA.

 

 

I am Dr.  (Mrs.) Maryam Abacha, wife to the late Nigerian Head of State

- General Sani Abacha.  I am  proposing  this business to you because

we could be of  great assistance to each other, likewise developing

a cordial business relationship.  I currently have

 within my reach the sum of One Hundred And Twenty Million United States

Dollar (US$120,000.000.00) cash that I intend to

 use for investment purposes specifically in your country. This money

came as a result of a pay back contract deal between my late husband and

a Russian firm on our country's Multi-billion Dollar Ajaokuta Steel Plant.

The Russian partners returned my husband's share of US$120 million after

his death and  lodged it with my husband's security firm in Nigeria of

which I am a director. Right now, the new civilian government has revoked

our licenses to own and operate financial and oil companies in what is

part of concerted efforts to break the financial powers of my family

by our arch-enemies who now form the majority in the ChiefOlusegun Obasanjo

led government.   In view of this ugly development,  I acted very fast

in withdrawing the US$120 million from the company's vault well preserved

and packaged in trunk boxes and deposited it in ECOWAS Security Bank.

 I have since declared our security company bankrupt.  No record ever

existed concerning the money neither is the money traceable by the

government

because there is no document showing that we received the money from

the Russians. Due to the present situation in the country regarding the

government's attitude towards my family, it has become quite impossible

for me to make use of the money within the country, hence I seek your

assistance to move the money out of this country.  On your consent, I

shall expect you to contact me urgently to enable us discuss this

transaction

in detail.  Bearing in mind that your assistance is needed to transfer

this fund and the transaction will be mutually beneficial. Your urgent

response is required.  All correspondence must be channeled to our legal

adviser, Barr.ken nzekwe through his e-mail:{kennzekwe@justice.com

com}I must also use this opportunity

to implore you to exercise the utmost indulgence to keep this transaction

a confidential issue Thank you.

 

HAJIA MARYAM N.ABACHA.

FROM: MR BENJIMIN MOSCOW

 

 

                                   DURBAN,SOUTH AFRICA

 

 

                                   TEL:27836660536

 

 

                                   EMAIL: olddog104@hotmail.com

 

Charlie Lester

 

 

 

COMPLIMENTS   OF   THE   SEASON, THIS VERY CONFIDENTIAL REQUEST 
  SHOULD NOT  COME AS A SURPRISE TO YOU.I BENJIMIN MOSCOW, WAS
THE PERSONAL ADVISOR TO THE FORMER PRESIDENT OF DEMOCRATIC
REPUBLIC OF CONGO, DURING THE TIME OF HIS  REGINE, I WAS THE 
PERSONAL ADVISOR ON DEFENSE MATTERS.

 

FURTHER MORE , ON THE 20TH  OF     SEPTEMBER 1999, I WAS INSTRUCTED
BY MR  LAURENT KABILA, TO CREAT AND EQUIP A SPECAIL  ELITE  CORPS TO
PROTECT HIM  AGAINST HIS ENEMIES. THE INSTRUTION WAS VERY HIGHLY
DISCREET AND  CONFIDENTIAL ANDWAS BACKED UP WITH THE SUM OF
TWENTY MILLION UNITED STATES

DOLLARS( USD$20,000,000.00usd) IN CASH FOR THE PURCHASE OF ARMS
AND  AMMUNITION FOR THE ELITE CORPS FROM  THE REPUBLIC OF SOUTH AFRICA .

 

I BROUGHT THIS FUND IN TO SOUTH AFRICA WERE I WAS SUPPOSED TO
NEGOTIATE AND PURCHASE THE ARMS AND AMMUNITION FROM ARMSCOR.
THIS MONEY WAS TRANSPORTED  THROUGH THE DIPLOMATIC MEANS,
THEN IT WAS ONLY THE AMBSSADOR KNEW ABOUT

MY  MISSION. HOW EVER, THE NEGOTIATIONS WERE STILL IN PROGRESS
WHEN I HEARD THAT LAURENT KABILA HAS BEEN ASSASSINATED BY ONE
OF HIS BODYGUARDS AND I QUICKLY DECIDED TO STOP ALL NEGOTIATIONS
AND DIVERTED THE FUND FOR MY OWN

PERSONAL  USE AS IT WAS A GOLDEN OPPORTUNITY AND I COULD NOT GO
BACK TO MY COUNTRY DUE TO THE DEATH OF LAURENT KABILA.

 

THE MONEY WAS DEPOSITED IN THE SECURITY COMPANY HERE IN
SOUTH AFRICA SINCE MY ARRIVAL; THE OFFICIALS OF THE SECURITY
COMPANY DO NOT KNOW THE CONTENTS  OF THE CONCEMENT,
WHICH I DEPOSITED. IT IS HIGHLY CONFIDENTIAL INFORMATION, 
WHICH I AM DISCLOSING TO YOU.

 

I WANT YOU TO KEEP THIS SECRET TO YOURSELF. RIGHT NOW,
I SEEK YOUR ASSITANCE IN PROVIDING AN OVERSEAS ACCOUNT
TO ENABLE ME TRANSFER THE FUND OUT FROM SOUTH AFRICA.
HOWEVER, DUE TO MY STATUS AS A REFUGEE, I CANNOT OPPERATE
AN  ACCOUNT HERE IN SOUTH AFRICA    ALSO I CANNOT INVEST TOO,
THIS IS WHY I

DECIDED TO SEECK FOR YOUR ASSITANCE. FOR YOU SUPPORT I HAVE
ALSO DECIDED TO GIVE YOU   30% FROM THE WHOLE MONEY.

 

I WILL ALWAYS WELCOME YOUR SUPPORT TO SEE THAT WE WILL
CONCLUDE ON THIS  TRANSACTION. I AM AWAITING FOR YOUR QUICK RESPONSE

 

BEST REGARD'S

 

BENJIMIN MOSCOW

ROM:  Smath Williams

 

Dear sir,

 

I am SMATH WILLIAMS    the only son of  late chief

Joseph Alfred WILLIAMS   from Sierra Leone. I got your

contact from the chamber of commerce here in ABIDJAN.

My sources of

your contact gave me the courage and confidence to

rely on you.

 

I am writing you in absolute confidence primarily to

seek your assistance to transfer our cash of twenty

one million eight hundred thousand dollars

($21,800,000) now in

the custody of a security trust company here in

Abidjan to your private account pending our arrival to

your country.

 

SOURCE OF THE MONEY

 

My late father, Chief Joseph Alfred WILLIAMS   a

native

of mende district in the Northern province of Sierra

Leone, was the general Manager of Sierra Leone mining

co-operation (S.L.M.C.) Freetown. According to my

father.

 

This money was the income accrued from mining

co-operation’s over draft and minor sales. Before the

peak of the civil war between the rebels forces of

major Paul Koroma and the combined forces of ECOMOG

peace keeping operation that almost destroyed my

country, following the forceful removal from power of

the Civilian Elected President Ahmed Tejan Kabbah by

the rebels.

 

My father had already made arrangement for his family,

my mother, my little sister and myself

to be evacuated to Abidjan, Cote d’Ivoire with our

personal effects and the box containing team. My

father deposited the box in a private Security Company

for the safe custody until after the war when he will

join us.

 

During the war  in my  country, and following the

indiscriminate looting of public and Government

properties by the rebel forces, the sierra Leone

mining coop. Was one of the targets looted and

destroyed.

 

My father including other top Government functionaries

Were attacked and killed by the rebels in November

1999 because of his relationship with the civilian

Government of Ahmed Tejan Kabbah.

As a result of my father death, and with the news of

my uncles involvement in air crash in January, dashed

our hope of survival.

 

The untimely deaths caused my mothers heart failure

and other related complications

of which she later died in the hospital

After we must have spent a lot of money on her. Now my

16-year-old sister and myself are alone in this

strange country suffering without any care or help.

Without any relation, we are now like refugees and

orphans. Our only hope now is in you and the box

deposited in the security company.

 

To this effect, I humbly solicit your assistance in

the following ways.

 

To assist me claim this box from the

security company as co-beneficiary.

 

To transfer this money in your name to your country.

 

To make a good arrangement for a joint business

investment on our behalf in your country and

you,thecaretaker.

 

To secure a college for my little sister and my self

in your country to further our education.

 

And to make arrangement for our travel with you to

your country after you have transferred this fund.  

 

Most importantly, the security company officials do

not know the exact content of the box because it was

declared family valuables. The whole documents issued

after deposit are in my custody. For your assistance,

 

 

I beg to concede 15 % of  this money to you for  your

efforts assistance .

 

Please call me immediately you receive this mail for a

brief discussion and more information

 

I am waiting anxiously for your urgent response and

telephone call.

 

thanks and God bless you

 

Best regards

 WILLIAMS AND SISTER

 

 

Carpediem Offers Regional Seminars in April

 

On Economic Stimulus Law

 

New Provisions Triggering Need

For Complete Leasing Education Update

 

SALT LAKE CITY, UTAH, --Carpediem International Learning Services

will conduct several seminars next month on the impact of the federal

government's economic stimulus package, which brings about the most

sweeping legislative changes in the domestic equipment leasing industry

since the mid-1980s.

 

President Bush signed the measure into law on March 9.  The seminars will

focus on key provisions of  the Job Creation and Workers' Assistance Act of

2002, particularly the 30 percent equipment depreciation bonus.  That

provision also affects the alternative minimum tax and may spark greater

interest in sale-leaseback structures.  In addition to suggesting ways to

adjust marketing and sales strategies, the seminars will address the Enron

fall-out and how that is affecting perceptions of off-balance sheet

structuring.

 

Shawn Halladay, founder and managing principal of Carpediem International

Learning Services, and an Alta Group principal, says the new law may make

purchasing appear more attractive than leasing and thus will affect the

negotiating and sales process for equipment lessors.  For example, it

permits writing off 44 percent of equipment purchases in the first year and

22 percent in the second year for equipment currently depreciated over a

period of five years   This compares to current law stipulating 20 percent

in the first year and 32 percent in the five-year period.

 

The faster depreciation also may increase demand for synthetic leases, at a

time when the Enron fall-out is curbing demand for off-balance sheet

treatments.  "People are already re-thinking off-balance sheet structuring

to avoid raising any red flags; they don't want to appear to be hiding

anything," Halladay adds.

 

The seminars are designed for lessors across a wide array of job functions,

from chief executives and marketing executives to accounting and tax

professionals.  Halladay suggests that a basic understanding of tax law

will be helpful.

 

"While other organizations have offered audio programs to brief the

industry on the tax law, such a format can only provide an overview at

best, and lessors will need an in-depth analysis and plain language

examples of how the law impacts their business," says Halladay. "Our

program goes further because it will also address the current financial

reporting environment."

 

"The Winds of Change--Coping with the New Tax Law and Post-Enron Accounting

Rules" will take place on April 19 in New York City, April 22 in Chicago

and April 29 in San Francisco.  For a complete schedule, visit

www.leasequest.com

 

The fee for the full-day course is $495.  Half the day will be spent on tax

considerations and the other half on accounting.  Attendees may register by

e-mail at registrar@leasequest.com or via telephone at 801-322-4499.  A

complete catalog of training programs is available on request.

 

About Carpediem International Learning Services

Based in Salt Lake City, Utah, Carpediem merged with The Alta Group last

Fall. The firm's programs focus on current needs in the international

equipment leasing and finance marketplace, problem-solving and integration

of business disciplines.  Courses range from basic leasing introductions to

advanced lease taxation and portfolio valuation training.  Carpediem also

provides custom programs, using CD-Rom or Web-based applications, for

in-house sales training and computer-based training.  Clients include

Caterpillar Financial Services, CIT, CitiCapital, De Lage Landen Financial

Services, GE Capital, Pitney Bowes, Siemens Credit Corp., and Wells Fargo

Equipment Finance.

 

About The Alta Group

 

The Alta Group (www.thealtagroup.com) is a leading source of corporate

consulting and advisory services, education and training to the global

equipment leasing and finance industry.  It is composed of 12 principals

former CEOs, company founders and industry organization leaders who have

more than 200 years of combined experience.  Based at Lake Tahoe,

Nevada,  The Alta Group was founded in 1992 by John Deane, John Giddens,

Bill Montgomery and Norm Chapman.

 

 

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

 

Pitney Bowes Selects mySAP CRM for Leasing and Asset Management

 

 

STAMFORD, Conn

 

SAP(R) Solution Combines Key Customer Relationship

 

Management and Asset Management Functionality to

 

Streamline Leasing Business Processes

 

Pitney Bowes Inc. (NYSE:PBI) and SAP AG (NYSE:SAP) today announced that
Pitney Bowes has selected mySAP(TM) Customer Relationship Management
(mySAP CRM) for leasing and asset management functionality to optimize
the company's lease and financing activities. Pitney Bowes Global Credit
Services will leverage the SAP(R) solution to integrate lease origination
processes, deliver operational efficiencies, and create stronger
relationships with customers, vendors, and other partners.

 

"The SAP solution gives us a platform to offer a variety of financing products,
from simple to complex. Its scalability and flexibility will allow us to optimize our
existing business strategies and enter new markets around the globe," said Matt
Kissner, group president and chief venture officer, Pitney Bowes Inc.

 

By leveraging the SAP solution, Pitney Bowes will be able to enhance the
customer relationship and experience through streamlined processes, better
responsiveness to customer needs, and enhanced delivery of diverse products
and services. SAP will serve as the flexible backbone needed to provide expanded
financing solutions, enabling the company to more effectively cross-sell, up-sell,
collapse internal cycle time to process orders, and leverage growth opportunities
in diverse markets.

 

"The multifaceted capabilities of the SAP solution will help us meet our
strategic goals for enhancing customer service, improving operating efficiency,
and deploying technology for maximum competitive advantage and growth,
" said Bret Thomas, president of Global Credit Services, Pitney Bowes Inc.
"Our customers will experience streamlined, integrated processes, and world-class automation.
This will deliver the speed and quality of services that our customers need to

grow their businesses and support their own customers. We will insure that our
customers leverage the benefits of these opportunities through multiple generations
of services and relationships."

 

mySAP CRM for Leasing and Asset Management

 

Leasing and asset management with mySAP CRM offers companies with leasing operations
the only comprehensive solution with integrated customer relationship management
and financial e-business functionality. By utilizing the solution, customers can
increase efficiencies in lease originations, more effectively market and remarket
equipment, offer optimal financing alternatives, create new channels of commerce,
monitor contract status, and analyze profitability. These capabilities enable global
collaboration with business partners while realizing cost efficiencies that improve
the bottom line.

 

"SAP is the only provider that can offer lessors integrated, enterprise-wide functionality,
with world-class customer relationship management capabilities," said Carol Burch, senior
vice president of Global CRM Business Development at SAP AG. "The solution's scalability
and global currency and language capabilities enable lessors to master the requirements
of the changing market. SAP's leasing and asset management solution features the
automated processes and comprehensive application of information to meet the needs
of lessors of all sizes."

 

The solution integrates functionality from the mySAP.com(R) suite of e-business
solutions, including customer relationship management, financials, and business intelligence.
The complete, end-to-end solution provides leasing companies the environment needed for
global, real-time integration for asset management and end-of-lease requirements on both
the systems and process levels.

 

Tools for multi-method accounting and asset, contract, and portfolio management support
the rapidly changing technical and market requirements of the leasing industry today, as
well as new regulatory demands likely to occur within the industry.

 

About Pitney Bowes

 

Pitney Bowes Inc. is a $4.1 billion global provider of leading edge integrated mail and
document management solutions headquartered in Stamford, Connecticut. The company
serves more than 2 million businesses of all sizes through dealer and direct operations.
For more information about Pitney Bowes, please visit www.pb.com.

 

About SAP

 

SAP is the world's leading provider of e-business software solutions. Through the
mySAP.com(R) e-business platform, people in businesses around the globe are
improving relationships with customers and partners, streamlining operations, and
achieving significant efficiencies throughout their supply chains. Today, more than
17,000 companies in over 120 countries run more than 44,500 installations of SAP(R)
software. With subsidiaries in over 50 countries, the company is listed on several
exchanges including the Frankfurt stock exchange and NYSE under the symbol "SAP."
(Additional information at http://www.sap.com)

 

Any statements contained in this document that are not historical facts are forward-looking
statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words
such as "believe," "estimate," "intend," "may," "will," "expect," and "project" and similar expressions

as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes
no obligation to publicly update or revise any forward-looking statements. All forward-looking
statements are subject to various risks and uncertainties that could cause actual results to

differ materially from expectations. The factors that could affect SAP's future financial results
are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission
(the "SEC"), including the SAP Annual Report on Form 20-F for 2000 filed with the SEC on
March 28, 2001. Readers are cautioned not to place undue reliance on these forward-looking

statements, which speak only as of their dates.

 

Note to Editors: SAP, the SAP logo, mySAP.com, mySAP and all other SAP products and
services mentioned herein are trademarks or registered trademarks of SAP AG in Germany
and several other countries. Other product or service names mentioned herein are the

trademarks of their respective owners.

 

CONTACT: 

 

SAP America, Inc.      

 

Jim Dever, 610/661-2161

 

james.dever@sap.com    

 

or

 

SAP AG

 

Zaphira Rohde, +49 6227-765-119

 

press@sap.com 

 

or

 

Burson-Marsteller

 

John Alejandro, 202/530-4611

 

john-alejandro@was.bm.com

 

or

 

Pitney Bowes Inc., Stamford

 

Dan Burris, 203/351-6477

 

daniel.burris@pb.com

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


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