Re: The law on Nigerian contracts and agreements

gordonb.ifjk0@xxxxxxxxxxx wrote:

I never actually read all through those Nigerian offers, only the
opening paragraphs and that was enough to tell me it was a laughable
attempt to cause my greed overcome my better judgement. Seems it was
successful with loads of people. Amazing.

Interesting thought experiment to try: Read through one of the
Nigerian bank fraud scams. Assume it's NOT a scam (for the purpose
of this thought experiment only: do not send him any money). You'll
really get your money, at least until the FBI finds out. Now,
Hah! No chance of me doing that!
I did read most of one that was in better English than most, guy claimed
he was a US Army sergeant
and he and his captain had chanced on a million or two that Sadam had
stashed away for a rainy day. He had been found to be ding this in
reality, so this was not quite so difficult to swallow. All I had to do
was let them pop it in my bank in return for a share. Of course, I
jumped at this wonderful opportunity, as you may imagine....

They actually do send you that huge sum? The version I heard spoken of
on the radio, they first ask a victim to send a fairly small sum to
prime the pump, as it were, hinting at the need to bribe some people.
then the sucker get a request to send a bit more to cover some "emergency',
some unexpected obstacle to the operation, so he/she sends it to avoid
the deal falling through, and etc etc till the mug is either milked dry
or, too late, begins to smell a rat.

assuming you help this guy move money, how much trouble are YOU in?
Money laundering? Violation of currency transaction reporting
rules? Some of the provisions of the Patriot Act if this guy turns
out to be a real terrorist? How about if you unwittingly (good
luck proving that) helped fund a drug or weapons deal, or a terror
attack? How easy would it be to get the death penalty for your
participation? How about over 10 years in jail?

Hey, yes, I hadn't thought of the suspicion of aiding terrorists. The
security/intelligence agencies are being very vigilant since the 9-11
business; heard of a half dozen or more Arabs in various locations here
being pulled in for
running a 'charity' and sending the takings to help fund some vicious
mob in the Middle East or wherever.

Currency fraud - yes, I found recently on asking my accountant whether,
if I raised maybe five or ten thousand ukp by a loan from my British
bank, and transferred it into the States, it would be heavily taxed.
The Pound Sterling/US dollar was almost 2 to 1 and I figured maybe it
would double in value.
when he said yes, profits on currency moving were. I said, "oh hell.
I'd have to go over and fetch it back in a suitcase or two, then"
Joking of course, but there was a long silence at the other end and he
may have been clutching his desk for support. Then said in a cold flat
voice, :I'm not even going to comment on that." He's a whiz at tax
returns but no sense of humor!


--
Ian

.

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