Where Transactions are more Secured
Saudi Arabia Investor Scam
The transaction will be funding and buying 60/40 partnership of an start up company which we are going to start. An Saudi company will be funding us via Malaysia. So they want me to open an offshore account , pay for insurance bonds and for legalization of documents. I do not want to pay them before i receive the funds. Therefore I have decided to place those expenses in an escrow and once the transaction occurs, to pay them. They smell a bit fishy, but so far I haven’t found any evidence that they are a scam. But they are willing to provide me an verifiable proof of funds and they want me in person to sign the joint venture agreements and also to view the transaction. Can you help me do this transaction safely and securely? Please Advice
The total investment is more than 4 millions US dollar. This does not make sense if the so-called Saudi investor will do it without a lawyer.
The conclusion, this is another Scam!
MK
August 24th, 2010 at 1:58 pm
Can you please tell me who is the Saudi investor or emails addresses that have sent you the notices as I wish to verify if I have been receiving similar offers from the same source.Thank you
Pin
August 24th, 2010 at 2:04 pm
Must be from the same scammer
Adrian Chow
August 24th, 2010 at 2:21 pm
Yes, its too good to be true
Grace Jacob
December 28th, 2010 at 1:30 pm
I believe that this is another scam
Thu, 23 December, 2010 0:36:51Allah blessings Grace Vidler
From: Dawood sulaiman Algosaibi View Contact
To: grace vidler
——————————————————————————–
Allah blessings Grace Vidler,
Insha Allah, I seize this opportunity to say thank you for your positive response as regards my interest to invest in your building project. I believe you are the kind of person I would like to work with and with your expertise, I believe we can achieve our mutual benefits on this building project. My intentions were to make an anonymous investment of up to $5,000,000 USD. I want to provide these funds while you manage the day to day management of the business and we share the revenue at a sharing pattern of 50/50%. 50% of the net profit goes to me while you own 50% of the profits on ROI for at least, say 5 years.
my reasons for a secret investment not involving a third party is due to the fact that I want to maintain my anonymity and also for the fact that other board members of our company are not in support of me having a separate investment and I want to make this fund investment in your country for my immediate family incase of future defaults from the family business.
I have mapped out a Rota for us to seal this deal via my banking coordinates and I have all the financial officials in charge of the release of fund to you on deck in Dubai as I have worked with them for more than 6 years. If possible, we can have our face-to-face meeting on the day of the closing of this deal and signing of contract in Dubai where the fund will be released to you.
Alternatively, if you cannot make it to the closing meeting in Dubai, we can seal the contract electronically.
I will welcome any executive summary and the estimated value document regarding to these projects for evaluation and review so as to motivate me to seal this deal with you.
Once I acknowledge the document, my financial coordinator Mr. Edward James shall furnish you with the transaction modalities and requirements that shall guide this business deal.
I look forward to having a profitable business relationship.
Salaam,
Tom Reif
March 25th, 2011 at 3:51 pm
I just got this-
Your mail received and well noted.I want to inform you that I will be
>> interested to work with you because I know about real estate business.
>> In my country KSA, i am also into real estate business as well. But
>> there is something that I will like you to know,In my family, we are
>> into family business but as for this business that I am trying to do
>> with you, I don`t want to involve members of my family. I want to run
>> the business as my outside investment because all my investment is in
>> KSA.
>>
>>
>> So if we will work in this manner, I will then proceed further with
>> you and then wait for you to send me the business proposal which we
>> will start first. But I will suggest that we commence with one
>> business which you know that will yield good profit.Then when we
>> conclude with the first investment, we will commence with others.
>>
>> You have to do your equiry well as i said because i will not like a
>> situation whereby,after the investment, the business will have
>> distress,so better do your underground check about the investment.
>>
>> Regarding funds for the investment, it will depend on your advice
>> which you will give to me because i have map out 100m Usd and above
>> for the investment.
>>
>> Once I am ok with your business introductions, I will discuss with my
>> financial consultant and get back to you.
>>
>> I await for yur kind advice so that we will proceed further in doing
>> our business.
>>
>> Regards,
>>
>> Suliman Abdul Aziz Alrajhi
Daniel
May 30th, 2011 at 2:53 pm
I am a little confused and have investigated thi but since nobody is sure yet or has reported to have lost money to this investor, then it is a 50/50 chance and a rist worth takin but precautiously.
David Robbins
June 6th, 2011 at 4:57 pm
Mr.David,
I acknowledge your proposal that was forwarded to me by “Abdul Mohsen Ahmad Algosaibi” from ( mailbox@mohsenalgosaibi.com ) and we are currently studying and given a close look at it and will return to you with suggestions and our funding modalities and how to proceed upon verifications of your files/documents.
I am Hon.Nicolas Laurie Clinton,an international Joint Venture/Loan consultant working directly with your new Lender/Investor “His Royal Highness Hamdan bin Sulaiman Olayan”. I was born in New york,United States In 1931 and i have been in this field for 55 years. Now i handle one special client named “His Royal Highness Abdulazeez Hamad Algosaibi” and my lawyer’s law firm handle his family Business and company deals.
Your Lender/Investor has set aside some huge amount of fund out of his family Business and deposit them with a private equity investment trust company in Malaysia for safe keeping and wish to invest in a stable economy.Her interest is in companies with potentials for rapid growth in long term. My Director is interested in placing part of her fund in your field,if your country by laws allows foreign investors,i will require you assist in the transfer of part of the said sum for lucrative investment in your hands.
Am hired to make sure everything goes well and smooth with any project he invest on. I live in Ayr city of Scotland whilst my Director live in Saudi Arabia and travel around middle east often.
Lets do good and profitable Business and make more money with good and honest motives whilst we follow the rules of law of Joint Venture/Loan Business.
I hope we can do good Business together for future friendship benefits and start the cooperation to build up a long and prosperous business partnership between both companies.Find here an attachment containing my international passport copy for more familiarity reason.
Regards.
Hon. Nicolas Laurie Clinton
(P.A ) Funds Release Director/International Joint Venture/Loan Consultant.
Ahmad Hamad Algosaibi & Bros.
Direct line : +447031832803.
Is this a scam? We have submitted no business plan of any type.
Adam
June 26th, 2011 at 4:03 am
Did this transaction close successfully?
Adam Author
June 26th, 2011 at 4:04 am
Did this transaction close?