WAR AGAINST THE SWINDLING BUSINESS
IN THE OHADA ZONE
view of the development of the Internet, with
the rapid transmission of information and the bulk of information
available, a very profitable business is florishing echoed by some
sources and on which our attention has been brought : the
swindling business. Under this new headings of the Site, we
wish to contribute curbing the expansion in the Ohada Zone of these
very damaging activities for the business environment.
SOME OF THE METHODS USED IN THE FRAMEWORK OF THE SWINDLING BUSINESS
methods used are the same as the classic rules in the sale process,
notably consisting of drawing and keeping the victim's attention,
then araising her/his interest while at the same time developing trust,
then raising the necessity of acting quickly to conclude "
the business ", but once this is done, there is no more follow-up
nor " after-sale ". The swindler disappears in the immensity
of the Internet ...
The stage concerned
What will generally happen
draw your attention then ...
|An " exclusive
" and/or "extraordinary " information has been
kept for you alone by the swindler who is the sole holder of
the information which has been made available to you in a "
strictly confidential " framework ...
|- An invitation
to tender for an enormous market about to be launched;
- the discovery or the excavation of funds (from overpricing
of public markets, misappropriated funds, funds abandoned by
such or such a prominent figure who flew away, is dead etc)...
which may be recuperated ...
The amounts involved are always (very) important (millions of
US dollars) but sometimes the sum may be first a " reasonable
" one with a happy end, followed by much more important
amounts ending up in a flop.
it, araise your interest and build trust ...
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Some essential details are provided,
enabling you to understand what the business is and to think
that this is certainly a good, if not excellent business since
the expected profits are so enormous in such a small time :
you can't help start dreaming how you can get out of your present
gloomy situation !
Trust-building : some relevant references are provided : the
name of an official body (supposed to be so), the name of a
known personality (whether alive or deceased), sometimes there
is even a conventional address (whith the corresponding theoritical
possibility of locating and tracing out your "business
|- The prospects
of striking an important bargain, if not the "one-time
bargain in your life" through somedy who knows what he
is talking about and took time to gather all relevant information
for the business to succeed,
- the prospects of sharing the "idle" funds with someone
who took the time " to study every detail" etc...
... create an emergency situation
At this stage, the swindler
starts unveiling his aims. If you want to make money you first
have to spend it. Isn't that logical ? In business, who can
dream of reaping some benefits without a minimum investment
? Besides, what is the small amount requested from you presently
compared to the huge sums expected tomorrow?
Another essential point
at this stage : you will be urged to take your decision quickly,
otherwise you are going " to miss " the business
- To be awarded the market, you must pay some amounts (tips
" to make things easier", bid bonds etc...);
- or to have access to the "iddle funds ", it is necessary
to incur a certain number of expenses to be shared among the
partners of the "business". You'll often be the only
one to make money available while believing that the other partners
do the same ...
Emergency is, as stated before, the finishing touch ... :
one or some of your powerful competitors are about to take advantage
on you ! The signatory of an essential document for the success
of the business is about to retire ! etc.
business is concluded
You have finally agreed to conclude
the business and sent the funds : for you it is just the beginning
of the " business " since you are waiting for the
next steps but for your swindler, it is the end since he got
what he wanted.
|In the best
hypothesis, he will acknowledge receipt of the funds sent and
promise a diligent follow-up before simply disappearing. The
worst case will be that there is even no acknowledgment of receipt
at all ...
follow-up nor after-sale
This important stage in a standard
new business relationship to be developed does not obviously
exist here since your "partner" is no more interested
at all in keeping in touch with you...
|He will logically
stop getting in touch with you and will very quickly make you
lose his tracks : anything you could refer to before quickly
disappears : the public body finally happen to have never existed
in fact or the reliable official is already deceased etc., then
there is no answer when you dial the usual phone number (often
of a cellular phone) he gave you, it does not ring any more
or it rings but there is no answer etc.
These mails flooding the web space, rank among the first types of
"spams " in the Internet. Called " 419 scams "
because these practices are infringement to Section 419 of the Nigerian
Penal Code on swindling, they consist, under various forms adapted
to circumstances, in asking you to send goods or equipment, or else
in making you prefinance the so-called recuperation of important money
transfers or tender business
to take place. According to the FBI
Report on fraud on the Internet, in 2001, the number of victims in
the United States of
this leading industry in Nigeria was
close to 2,600 among which 16 declared to have lost not less than
US $ 345,000.
These swindles often end in a simple loss of money, but when the victim
moves on the spot, the outcome can be much more dangerous (sequestration,
blackmail and even murder : according to the US State Department,
more than twenty murders or disappearances of American citizens abroad
were likely to relate to 419 scams).
Since this reality is becoming more and more known, Nigerian swindlers
operate from neighboring countries, or even from other countries.
recall that making available huge sums of money
or goods to a new person in your business environment, after exchanging
just a few emails and telephone calls may appear useless because it
is so obvious and "common sense", but even experienced persons
in business sometimes ignore this. During the first term of 2003,
a North American company which has been contacted in connection with
the prospect of a very important supply of computers to take place
in a country of the Ohada Zone lost several millions of dollars in
a supposed bid bond, whereas the public body from where this information
was supposed to originate had never existed !
. I you receive a business proposal from a person or body new to your
usual business environment, never decide in a hurry (in any cases
don't send any money or good). Try to gather the information from
well-known companies usually providing this type of business information
and if you cannot have any relevant information, just forget about
. If you managed to have such information, send somebody on the spot
to finalize the business and if this person is new there, appoint
a "local assistant" (like a lawyer or any other professional
with an official address, having some ethics and liable before a corporate
body but not an individual who may disappear without any ado). If
you cannot send anybody on the spot and you absolutely need to strike
this bargain, entrust its finalization to a reliable representative
(an attorney etc...) who will sign he documents for you before forwarding
them. Incurring some expenses (sometimes considered as "useless")
upwards with such representatives to have some insurance about what
is done is better than lose several millions of dollars as some companies
experienced it. If you wish to contact us in this connection in the
Ohada Zone for assistance, don't hesitate. Click
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WEB SITES MENTIONING THIS SWINDLING BUSINESS IN AFRICA
IN FRENCH :
Ambassade de France : http://www.ambafrance-zw.org/francais/actualit.html#escroquerie
Afrik.com. Les Nigérians : Cyber-escrocs
Direction de la lutte contre l'escroquerie
(Gvt de l'Ontario, Canada) : http://www.gov.on.ca/opp/antirackets/french/alerts2.htm
Mbolo.com : http://www.mbolo.com/arnaque.asp
IN ENGLISH :
The US Diplomatic Mission to Nigeria : http://nigeria.usembassy.gov/wwwho419.html.
Hoax Buster :
Scam o rama or the Lads from Lagos :
Nigeria. The 419 Coalition website :
http://home.rica.net/alphae/419coal/ and the numerous links listed
in this web site.
WorldBizClub : Warnings : http://www.wbc.com/wbc/beware.asp.
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YOU EXPERIENCED - WARNINGS
Will be published here messages on the swindling business
(what you experienced or warnings) in order for that information
to be circulated. To send us a message click
What you experienced
||Messages received in Ohada
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