Check Scams, Debt Collection scams and other financial scams.
#22767 by Chris Fuller Sun Feb 21, 2010 1:45 pm
This scammer has used the invitation facility on a Family History website to send his scam. This is not a normal way for an investment company to seek administrators or portfolio holders! However, the contents of the email would still be a scam, even if it had been sent from an ordinary email address. Despite the use of 'businesslike' language, this is not a genuine financial opportunity, but a scam aimed at taking money from you, but giving nothing in return.

It was not written by the Chairman and CEO of Dubai International Capital LLC. It is written by a scammer who has no connection to this company.

Dubai International Capital does not use a Gmail email address. Its genuine email address ends @dubaiic.com.

from myfamily.com <[email protected]>
reply-to [email protected]
date Thu, Feb 18, 2010
subject international investment has invited you to connect on 'investment Family'

international investment has invited you to connect on 'investment Family':

"Dear Sir/Madam

I wish to invite you to participate as broker/agent to DIC individualized equity investment portfolio management program. Dubai International Capital LLC (DIC) is a Dubai-based international investment company with a primary focus on private and public equity in the Middle East with over £500 billion private and corporate investment portfolios.

We are privately looking for fiduciary agents and management experts who will be willing to act as investment portfolio holders and administrators. We currently have a back-log of an Excess Maximum Return Capital Profit (EMRCP) of an average of 1.2% on each private investment and corporate portfolio under our administration and control.

And we wish to re-invest this fund by putting it into the management of private businessmen and corporations with good business ideas that can generate at least 10% ROI per annum over maximum of 5 years duration. The fund will be disbursed based on a clear loan of 4.5% interest rate per annum for 5 years renewable tenure.
All sign-up contracts briefings and investment portfolio management files will be handled in Dubai, United Arab Emirates . For further details please contact me directly with the contact information below.

Best Regards,
Mr. Sameer Al Ansari
Executive Chairman and CEO
Dubai International Capital LLC (DIC)"

Join 'investment Family':
https://www.myfamily.com/invite/signup? ... l2J-UlQIIg
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#22993 by Chris Fuller Tue Feb 23, 2010 12:06 pm
The middle part of this scam mail is identical to the one above. Like the one above, it has not been sent from a person with any connection to a financial organisation, but by a scammer. It is not genuine.

IP Address: 41.210.12.27 - Accra, Ghana

From: FENALD MARTIN <[email protected]>
Reply-To: [email protected]
Date: Sat, 20 Feb 2010
Subject: TREAT AS URGENT

Dear Friend,

I wish to invite you to participate as broker/agent to LINKS INTERNATIONAL LIMITED individualized
equity investment portfolio management program. Links International Limited is an
African-based international investment company with a primary focus on
private and public equity with over USD500,000,000.00 private and corporate
investment portfolios.

We are privately looking for fiduciary agents and management experts who
will be willing to act as investment portfolio holders and administrators.
We currently have a back-log of an Excess Maximum Return Capital Profit
(EMRCP) of an average of 1.2% on each private investment and corporate
portfolio under our administration and control.

And we wish to re-invest this fund by putting it into the management of
private businessmen and corporations with good business ideas that can
generate at least 10% ROI per annum over maximum of 5 years duration. The
fund will be disbursed based on a clear loan of 4.5% interest rate per
annum for 5 years renewable tenure.

All sign-up contracts briefings and investment portfolio management files
will be handled in any country of your choice. For further details please
contact me directly with the contact information below.

Best Regards,
Mr. mike lambert.
Public Relation Officer (P.R.O)
Links International Limited
E mail: [email protected]
#23369 by Chris Fuller Sat Feb 27, 2010 6:23 pm
The scammer pretending to be Mr Sameer Al Ansari is now using different email addresses:

Mr. Sameer Al Ansari
Executive Chairman and CEO
Dubai International Capital LLC (DIC)
email [email protected]


This is a follow-up email to his first one above. IP Address: 41.210.9.196 – Accra, Ghana.

from Sameer Ansari <[email protected]>
date Mon, Feb 22, 2010
subject Invitation as Broker/Agent

I appreciate your prompt response to my business offer and your determination and courage aim at co-operating with our good selves. I am a very busy corporate executive with so many assignments to cater for. After our last board deliberations, we came to a concrete decision to re-invest the fund within the GCC countries under the management of private individuals and corporate groups within the region. However, as chief executive director of the organization, I have my reservation and quota allocation. The business here is quite different from what is obtainable in the western world.

The investment portfolios, we are re-allocating are purely earnings from private and corporate investment portfolios under our direct jurisdiction. The figure we presented to the Government is quite different from what is in our financial records. The management as a team has decided to unanimously place these earnings in the hands of third party management experts and entrepreneurs in the region for our private gratifications.

For security reasons, the requirement as outlined by the board for the placement of these funds to third party organizations or private businessmen are very rigorous and requires a lot of lobbying and financial commitment before application will be approved. Consequently, as my direct contact person, it’s my desire to guide you through, to ensure that your allocation is approved and your proposed investment plans are funded according to your direct financial need.

I am ready to do this on the condition that you will agree to remain anonymous through-out the course of the transaction i.e. you will participate by using your name and organization in furthering the transaction while I will be your insider to ensure that your allocation is approved and fund is allocated to you. Upon approval and disbursement of fund to you, I will be entitled to 10% equity in any of the chosen investment field you chose to place the fund throughout the duration of the 5 years contract tenure.

I seriously crave your indulgence and confidentiality to ensure that we have a harmonious business relationship.....I shall wait for your response before making available to you the other modalities.

Attached is a clear detail of our financial terms. Feel free to contact me on the telephone number below anytime:

Mr. Sameer Al Ansari
(Chairman/CE0 DIC LLC)
Direct Mobile: +971552414956


Attached document: DIC_MOU_100_MILLION.pdf reads:

PARTNERSHIP CONTRACT
VC-2010-00285 NON-DISCLOSURE, NON-CIRCUMVENTION
INVESTMENT/MANAGEMENT MEMORANDUM OF UNDERSTANDING
AND

This Agreement is made and entered into by and between:
1) First Party: Dubai International Capital LLC
Address: P.O. Box 72888. The Gate, East Wing
Address Line 2: 13th Floor Dubai International Financial Centre
Country: Dubai, United Arab Emirates
(Hereinafter refer as
)
1) Second Party:
Address:
Address Line 2:
Country:
Passport/Company Reg.Number:
(Hereinafter refer as
)
Whereas the First Party is an investment management enterprise and would like
to make an anonymous investment under the trusteeship of the second party for
an amount of US Dollar 100,000,000 .00( United States Dollar One Hundred
Million), ( Hereinafter refer as Fund ), and Whereas, The Second Party is an
experienced and proven management consultant with diversified investment
knowledge and is willing to accept the fund and the First Party is prepared to
Co-operate with the Second Party in that respect. Now, therefore, in
consideration of the foregoing facts and the mutual Representations and
covenants hereinafter set forth, the parties hereto;
The recitals set forth above constitute an integral part of this agreement at
all time and considered as a fundamental condition to execute it.
The purpose of the present agreement is to define the contractual relation
between the first party and the second party.
Investor/Holding Company
Fiduciary Agent/Fund Manager
ARTICLE 1. AGREE AS FOLLOWS
ARTICLE 2. PURPOSE OF THIS AGREEMENT

RECITALS
ARTICLE 3. RIGHTS GRANTED
Article 4. Purpose
ARTICLE 5: Duties of the First Party
ARTICLE 6: Duties of the Second Party

Subject to the terms and upon the conditions set forth herein, throughout the
duration of this Agreement, The First party hereby accept to make available to
the second party the amount of US Dollar 100,000,000 .00 (United States Dollar
One Hundred Million only) and the Second Party herby accepts to use and invest
the above mentioned Fund in lucrative business activities under a soft loan
arrangement of 4.5% interest rate perineum within a five (5) years renewable
tenure.
The provision of the fund is to enable the second party register, operate,
trade on short term lucrative business venture under the direction and
approval of the management and authorized investment technocrats as may be
assigned by the First party.
The duties of The First Party, under the terms and conditions of this contract
shall be as follows:
A.)To conduct 5 days induction and business awareness programmed to enable the
Second Party understand the organizational financial aims and objectives. The
induction training will avail the second and opportunity to learn and make
investment decisions ranging from short-term equity financing, day-trading,
e- forex, stock speculation, bullion trading, real estate speculation
,financial contracting and import/export e.t.c. training and induction will be
conducted based on candidate proven investment ideas and specialization.
B.) To make available the sum of US Dollar 100,000,000.00 (United States
Dollar One Hundred Million as an investment portfolio upon formal approval by
the board and management.
C.) To confirm that the second party is legally entitled to receive the fund
and is duly certified by the World Bank Multi-lateral investment Guarantee
agency (MIGA) as trained fund administrator.
D.)To ensure that the second has not been convicted of any criminal offense or
does not have a history of financial mis-application or belong to any out-
lawed organization.
E.) To draw up contracts for the implementation of the agreed Investment
Memorandum of Understanding.
F.)To ensure that every pre-funding financial expenses of the second party
including flight, accommodation, business registration, MIGA certification and
other miscellaneous expenses are duly compensated on formal acknowledgement of
the investment fund in the second party corporate account upon signing of a
duly registered contract agreement.
The duties of The Second Party, under the terms and conditions of this
contract shall be as follows:
A.) To make arrangement on his personal cost to be at the choice location for
the formal signing of partnership contract induction and License Registration
of an offshore company in the United Arab Emirates or United Kingdom.
B.) To ensure prompt liberation investment portfolio (fund) allocated and
transferred by The First Party, is up to the total sum authorized, to be used
for the purpose of investment.
C.) To acknowledge the receipt of funds in writing in presence of the
representative of the first party.
D.) To pay on inception of the contract approved 4.5% interest rate per annum
throughout the duration of the contract unless it's modified by the
organization.
E.)To ensure proper documentation all transactional expenses as well as submit
quarterly audited accounts to the first party financial designate.
F.)To endeavor to attend the necessary induction training and certifications.
A.)The present agreement shall become effective only on the date that the
first initial mobilization fund is transferred, entered and availed into the
account of the second party and shall be valid for an initial term of 5 (Five)
full consecutive years
B.) Afterwards, this Agreement shall be renewed by tacit consent for Equal
period(s), unless previously terminated by either party three months, prior to
the expiration of any of the following renewal period(s).
C.) Any termination of the present Agreement shall not impair any rights or
remedies of any party hereto neither accrued prior to the termination nor
relieve any party of its obligations accrued prior to such termination.
D.) The proof of acknowledgement of fund in account should be obtained from
the receiving bank, as an evidence that the money is been received by the
second party to identify the validity and starting date of this agreement.
8.1 This Agreement shall expire as provided in Article 8 hereon. It may also
be terminated by either party for any of the following reasons and conditions:
8.2 If the fund agreed in this agreement has not been availed to the second
party for whatsoever reason, this contract will be automatically canceled and
neither party has any rights or jurisdiction to claim any compensation or
amount from the other party.
8.3 The unanimous decision of the two parties to cancel this agreement at the
terms and conditions agreed and specified at that particular time.
8.4 If the second party fails to pay the interest agreed to the first party
for two consecutive years.
8.5 Any one of the parties could cancel the agreement after settling his
liabilities to the other party in the following way:
8.6 If first party wishes to cancel at any time he should pay to the second
Party the following amount:
8.7 For cancellation in any of the first 2 years an amount of 10% of the total
fund provided where it will be deducted from the fund amount on the date of
expiration the investment in additional to the current year dividend
8.8 For cancellation in any of the second 2 years an amount of 5% of the total
amount to be deducted from the fund amount on the date of returning in
additional to the current year interest (To be deducted).
ARTICLE 7: DURATION OF THIS AGREEMENT.
ARTICLE 8. EXPIRATION AND CANCELLATION
ARTICLE 9.CANCELATIONS:
ARTICLE 10. CONFIDENTIALITY AND ANONYMOUSITY
ARTICLE 11. WAIVER
ARTICLE 12. NOTICE

9.1 For cancellation before the end of the last year of the agreement an
amount of 0.5% of the total fund provided, where it will be deducted from the
fund amount on the date of expiration in additional to the current year
dividend to be deducted
9.2 The first party has the full rights to terminate the contract without any
penalty or deduction if the second party fails to pay the agreed interest rate
for two consecutive years or transactions.
9.3 The second party can terminate this agreement at any time by paying back
the fund in additional to 10% of the total fund or last year dividend,
whichever is higher.
9.4 Furthermore, the present Agreement will be terminated in the event either
party ceases activities, liquidates or dissolves itself, demands a moratorium
involving a large part of its assets, ceases to make payments, declares
bankruptcy, and is declared in judicial adjustments or liquidation or become
the object of any similar procedure, becomes the object of a judgment ordering
it to cease activities, has its assets seized or has trustee or receiver
appointed.
9.5 At the end of this agreement for any reason whatsoever, the second party
will return to the first Party its whole value of current finance holding
which the first party undertakes to take back.
The parties hereto agree to respect the confidentiality nature of information
which they receive during the term of this Agreement, including information
concerning the sale, distribution, Financial statements or banks or accounts
information of the company or the signatory of this agreement, and they
undertake to keep such information strictly confidential during the said term,
and after the termination or non renewal of the Agreement.
No forbearance on the part of either party in enforcing its rights under this
Agreement, nor any renewal, extension, or rearrangement of any payment or
covenant to be performed by the other party hereunder shall constitute a
waiver of any term of this agreement or a forfeiture of any such right.
12.1 Any notice demand , request , consent , approval, designation,
specification or other communication given or made , or required to be given
or made hereunder, shall be in writing and shall be hand delivered or sent by
registered air mail ( postage fully prepaid) addressed to the parties in the
manner set forth below :
(i) if to the First Party
(ii) If to the Second Party
Or to such other address of facsimile or telex number or person as either
party may hereafter designate.
12.2 A notice shall be deemed to have been given and received:
(i) When left at the appropriate address if hand-delivered or sent by
registered mail;
(ii) When actually received if sent by facsimile or electronic data exchange;
or
(iii) When dispatched and the correct answerback received if sent by telex or
facsimile.
Non compliance by either the First Party or the Second Party owing to Force
Majeure with any of the said obligations shall not lead to the Termination of
this agreement provided either the first party or the Second Party has, as
soon as possible under the circumstances, notified the other party in a
letter sent by registered mail, of the reason for non compliance. Pursuant to
this clause, Force Majeure shall be deemed to be any unforeseeable and
irresistible event provoked by an external cause, which constitutes an
obstacle to the performance of an obligation, such as foreign or civil war,
riots, acts of public enemies, general strikes, sabotage, piracy, fire,
explosion, natural disasters and act of local government and parliamentary
authority. The parties agreed to interrupt the Agreement for the period of
such event and until the activities resume normally.
14.1 All difference concerning the validity, the interpretation or the
performance of the present Agreement shall be finally settled under the rules
of conciliation and arbitration of the international Chamber of Commerce by a
single arbitrator appointed in accordance with the said rules. The seat of
such arbitration shall be GENEVA and the language of such arbitration shall
be English.
14.2 This agreement shall in all respects be governed and construed in
accordance with the law of the country that the agreement executed, delivered
and performed within.
15.1 This Agreement may be amended only by a written document signed by both
parties or by their duly authorized representatives.
15.2 This agreement supersedes all prior agreements between the parties
(written or oral) and is intended as a complete and exclusive statement of
the terms of the Agreement between the parties.
15.3 All reference to a year or a month shall mean a calendar year and a
period of thirty days respectively.
15.4 In the event that this agreement is translated into any other language,
the English language version hereof shall govern.
ARTICLE 13. FORCE MAJEURE
ARTICLE 14. GOVERNING LAW AND JURISDICTION
ARTICLE 15. MISCELLANEOUS PROVISIONS

Executed at ..............this.......day of........ 2010
........................
Authorized Person:
Designation:
Passport No.:
........................
Authorized Person:
Designation:
Passport No...
Bank/Representative:
Address:

Bin Shabib & Associates (BSA) LLP
.....................
Authorized Person:
Designation:
A signed facsimile/e-mail copy of the document may be accepted as original.

……………………………………………………………
Dr. Rashid Bin Shabib
Bin Shabib & Associates (BSA) LLP
Dubai, United Arab Emirates.
For: The First Party
For: The Second Party
Witnessed by an Executive Manager of the finance firm
WRITTEN AND APPROVED BY:

......................................

Dr. Rashid Bin Shabib
Bin Shabib & Associates (BSA) LLP
Dubai, United Arab Emirates

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