Funds Transfer from Foriegn location

This query is : Resolved

bhaskar (Querist)
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07 December 2009 dear friends
I am working in pvt. company as accounts manager. pls clarify my doubt. one of my friend staying in a african country. due to her refugee status, in that particular country she wants to trasfer her property to my bank account in india approx. US $ 2.9 million. what type problems i may have. please clarify any body knows about this.
bhaskar

Sunil

Sunil (Expert)
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07 December 2009 You are a potential victim of scam emails sent that purport having such wealth that they wish to transfer. These originate from African countries. Either they have inherited moneys or they have received gratifications for awarding government contacts and therefore they need to transfer money to some other country. They are basically criminals who lure you into doing either of the following:-

1) Ask you to part with some moneys on account of remittance charges or transfer fees and then after collecting says about 1 or 2 lakhs, they may disappear.

2) They may call you on some pretext or the other to their country, take your passport for some reason or the other to effect transaction and then demand a huge ransom for your passport to let you come back to India.

3) They could ask you for your personally identifiable information like credit card numbers, PAN Numbers, Bank Account Numbers etc. You may give it to them thinking you are getting large money. However, this information is used for identity theft. they will take credit card in your name, do illegal transactions and drug money laundering transactions using your PAN. they may take a loan in your name. You will be saddled with responsibilities and liabilities for all this.

Choice is your. If you wish to respond to these mails you will definitely have trouble. I suggest you delete these mails and do not respond as it is not worthwhile corresponding with criminals.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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07 December 2009 Correct opinion without charging any fee!

Ca Rakhecha
Surat

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Juzer Sadikot

Juzer Sadikot (Expert)
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07 December 2009 Dear Mr. Bhaskar,

Incase you are not hited by those mail and you are having trust on your friend, plz note following;

1) The transaction of remittance needs to be given some name i.e. Gift, Loan etc.
or
2) Your friend can open her own account and transfer fund to that account without any questions.

Regards
Juzer

bhaskar

bhaskar (Querist)
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07 December 2009 Dear Friends
Thanks Mr. Sunil, Mr.Surendra Kumar and Mr. Juzer. Of course you are right. here the case is like this, she is Senegalese, and she is the legal heir of her father money which laying in a bank at London. her status is refugee(as she is saying. she wants the money is to be released from her father account. she wants my assistance as a foreign partner to execute the same. for that she wants me to sign power of attorney and affidavit of oath. now please reply the querry.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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07 December 2009 All such type of mails says like this.

Don't be greedy. Whether you know her? Have you any identity except her wordings per mail ?

Ask her to send the copies of her father's bank account and source of her father's money with relevant proof.

Show your sympathy with her (you don't have such, I presume. You are much interested in taking money from her).

Ca Surendra Rakhecha,
Surat

Sunil

Sunil (Expert)
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07 December 2009 THE WRITING ON THE WALL IS DO NOT CORRESPOND WITH CRIMINALS. THEY DO NOT DESERVE THEIR EXISTENCE. DELETE THE EMAIL AND CARRY ON WITH YOUR HONEST LIVING.