E-mail Money transfer (is it traceable)

[Leftcoast]

I'm in Vancouver, Canada someone I came across has offered a loan through an investor in the states. I read on here someone else had the same offer from a Terry Kerr says he's with a film production company house here and can get me a loan for an up front fee from an investor in the states. I asked him if e-mail money transfer was o.k. he said yes that it was a verified paper trail. My question is: Is it true? would it guarantee the funds and is it traceable if I'am scammed.
I'm getting good at this I'm concerned his e-mail is ymail.com and not a private e-mail, I've also noticed all scammers from overseas alway's end with regards or best regards.
Any replys to this appreciated.
Thanks, Sid

[email protected]

[jolly_roger]

I'm no financial expert Leftcoast but I'd rather miss the bus! Does the email address look familiar on the page?
http://www.scamwarners.com/forum/viewto ... 35&t=20735

Not an expert on EMT's but I would imagine the normal wire money transfer precautions would apply.
For peope not familiar with emailing cash, it's fantastic from what I've been told. But you still have to trust the recipient. Like any wire transfer, once the money is sent, it's theirs. The money is not actually transferred by e-mail. Only the instructions to retrieve the funds are. It's my understanding transfer confirmation numbers are saved in your online banking history. In addition, you will receive an email notification once the intended recipient has accepted the transfer.

From what I've heard transactions cannot be reversed once the recipient of the funds has received the transfer. If things go pear shaped, you must obtain a refund directly from the recipient.

[began steele]

can get me a loan for an up front fee from an investor in the states

Yup! Of course. It's a 419 scam.

[began steele]

I am expanding my reply above somewhat. For a start in this site we always warn about internet money transfers with strangers. I assume you want a loan so why not use a proper bank with a local branch? If you are good for the repayment you will get it. Why is it that someone just appears on the internet offering you the money? They don't know you so why are they so keen to give it to you? You don't know them either and they want a loan arrangement fee. Take it from me that this is 100% certain to be a scam.
[email protected] is probably from somewhere like Nigeria. If you have had email from this person then have you checked the originating IP number? It would help if you posted that mail with the headers here.
Thanks for the post anyway. It will help others from getting scammed in the future.

[Leftcoast]

I'm no financial expert Leftcoast but I'd rather miss the bus! Does the email address look familiar on the page?
http://www.scamwarners.com/forum/viewto ... 35&t=20735

Not an expert on EMT's but I would imagine the normal wire money transfer precautions would apply.
For peope not familiar with emailing cash, it's fantastic from what I've been told. But you still have to trust the recipient. Like any wire transfer, once the money is sent, it's theirs. The money is not actually transferred by e-mail. Only the instructions to retrieve the funds are. It's my understanding transfer confirmation numbers are saved in your online banking history. In addition, you will receive an email notification once the intended recipient has accepted the transfer.

From what I've heard transactions cannot be reversed once the recipient of the funds has received the transfer. If things go pear shaped, you must obtain a refund directly from the recipient.

Actually no it's as I posted [email protected]

[Leftcoast]

I am expanding my reply above somewhat. For a start in this site we always warn about internet money transfers with strangers. I assume you want a loan so why not use a proper bank with a local branch? If you are good for the repayment you will get it. Why is it that someone just appears on the internet offering you the money? They don't know you so why are they so keen to give it to you? You don't know them either and they want a loan arrangement fee. Take it from me that this is 100% certain to be a scam.
[email protected] is probably from somewhere like Nigeria. If you have had email from this person then have you checked the originating IP number? It would help if you posted that mail with the headers here.
Thanks for the post anyway. It will help others from getting scammed in the future.

All I got was
mta-v2.mail.vip.mud.yahoo.com when i put in the ip adress it's just Sunnyvale U.S. etc. Ip was
209.191.88.254

[Dotti]

Sunnyvale is yahoo's server location.

Basically you have a perfect stranger, with no association with a legitimate business, operating from a free email address and offering you money--but you have to send him money first.

I wouldn't touch this with a 10 foot pole.