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"419" Scam – Advance Fee / Fake Lottery Scam

The so-called "419" scam is a type of fraud dominated by criminals from Nigeria and other countries in Africa. Victims of the scam are promised a large amount of money, such as a lottery prize, inheritance, money sitting in some bank account, etc.

Victims never receive this non-existent fortune but are tricked into sending their money to the criminals, who remain anonymous. They hide their real identity and location by using fake names and fake postal addresses as well as communicating via anonymous free email accounts and mobile phones.

Keep in mind that scammers DO NOT use their real names when defrauding people.
The criminals either abuse names of real people or companies or invent names or addresses.
Any real people or companies mentioned below have NO CONNECTION to the scammers!

Read more about such scams here or in our 419 FAQ. Use the Scam-O-Matic to verify suspect emails.

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Some comments by the Scam-O-Matic about the following email:

Fraud email example:

From: Ajit Chanda <ajiichanda@outlook.com>
Reply-To: ajichanda@outlook.com
Date: Fri, 12 Mar 2021 01:10:47 +0100
Subject: You Can Get A Loan For Your Business


If someone ever said to me that I will be living in Europe today and owning private running and profit making businesses, I will see it as a fantasy. But it is real.

As Asian migrant, I first landed in France almost 10 years ago. I had nothing to live on because I was illegal, so I could not get a job. After 9 months in France, out of the frustration, I found my way to Spain. I spent 2 more years in Spain, doing any odd jobs in order to survive, nothing more.
I was just living like that until my Spanish friend, who trusted me when I told him I wanted to do business, took me to a lending company which gave me loan to start up my business.

Today, I own a big supermarket and a big fruit and vegetable shop, all thanks to the Private Business Loan Scheme. This company is owned by a finance manager and businessman, who is connected with financial management companies in Spain. He likes to help other people with good business ideas and inspiration.

When my friend told me that I can borrow a loan from a lender without collateral but only a good business plan and good management initiative, I did not believe it. But he urged me to follow him to the company's office. I was reluctant, until I got there. And my life changed when I presented my business plan and they accepted it a week later. The next two weeks I was asked to present my bank account for the transfer of the 550,000 Dollars that has been approved for my business. Of course, I didn't believe it until the money hit my account 5 days later. Their interest rate is a little higher than loans from banks but they are not cut throat for business starters.

The good thing that this company is doing is that it is extending its assistance effort to new business proprietors around the world, as long as you have a genuine business proposal. It is also helping to rescue old businesses with financial problems.

One thing is, do not assume that because you won't have to present collateral, you will find it as easy as ABC to obtain this loan from this company; else you are in for a big mistake. Apart from a good business plan, identification of the applicant is one thing the company owner doesn't play with. You must present all they ask you to while applying. These people can travel to your country without you knowing it, so there is no need of trying to hide anything from them.

So please if you are applying, be well prepared and always make sure that when there is a request for a document, you will get it to them immediately. They appreciate transparent and convincing personalities. I am just trying to help people who are hoping to open up a good business for themselves but do not have the finance. You can take the chance by making inquiries.


Director

Daniel Caesar
Private Business Loan Scheme
Espoz y Mina, 22, 28012 Madrid, Spain.
Email: danielcaesar (at) emailn.at

I wish you good luck

Ajit Chanda


Pros
1. It is your handy way to get business funding in a short period of time.
2. Loan approval is quick. Response to application could be the next day or within a few days
3.Approval does not require your capacity with your credit card or mortgage offset account.
4.The loan has a low interest rate. In addition, interest rates are fixed, so your payment is the same every month.
5.You can be approved of  loan of up to USD$10,000,000, depending on the viability of your project.
6.You have enough time to pay it off, up to ten to fifteen years
7.Loan agreement has a simple structured repayment plan, which helps pay off the debt in regular installments with ease.
Cons
1.USD$100,000 is the minimum you can apply for.




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