Money Recovery Scams


An introduction to money recovery scams

How the money recovery scam works

Money recovery scams are particularly vicious since they target people who have already lost money to an internet scammer. The scammer, or one of his fellow criminals, will contact the victim pretending to be able to recover the money that the victim sent. Often, the scammer will claim to be an official government department or agency, like the Economic and Financial Crimes Commission in Nigeria. The scammer will ask for details of the original scam, and will then assure the victim that the money can be recovered for a fee. If the fee is paid, there will be demands for more, and so on, until the victim realises they have been conned again, or runs out of money. Scammers have also pretended to be Scampatrol.org which is a well-respected victim protection site, in order to try to run this scam.

More information about money recovery scams and useful links

Joe Wein – introductory info with examples

Security International – Info and examples

Scampatrol – use of their name in money recovery scam


Not a scam but please note

We are aware of an organisation, Ultrascan.nl which offers a money-tracing service, for a minimum fee of $2,000. Please see their page on charges for 419 transfer tracing. If you are planning to use their services, we suggest you exercise due diligence, such as asking whether you can recover the fee if they do not recover your money, and what their success rate is for recovering funds paid to a 419 scammer via Western Union or whichever transfer system you used. Our experience is that money paid to a scammer is almost invariably lost forever.

Learn about scammers’ fake sites at aa419. Report scams to the Internet Crime Complaint Centre at IC3.

Examples of a money recovery scam emails

The poor spelling and grammar, and the erratic use of capitals are typical of a 419 email. Also commonplace is the use of a free Yahoo email account while pretending to be from a government agency. The real Nuhu Ribadu, who is the head of the real EFCC, has access to a secure email address from their domain, @efccnigeria.org, but the scammer does not, of course.

From: EFCC RIBADU <efcc_commission_ng@yahoo.com>

Date: Sat, 24 Jun 2006 16:49:56 -0700 (PDT)

Subject: EFCC NIGERIA ON YOUR FUND RECOVERY [ EFCC123NG]

Attention;

I am chief Nuhu Ribadu the chairman of Economic and Finacial Crime Commission in Nigeria, a commission set up by the presidency to sanitise the country of financial fraud. It was brought to our notice thruogh our investigation that a lot of finacial crime have going on in this country among some top government and banks officals.

Some foreign contractors have not been paid their over due contract money and those that inherited some fund from relatives in this country were refused their inheritance by these bank officials in the bid to divert these funds into their private pocket. It was also bruoght to our notice that of you were being extorted in the bid to release your fund to you.

This is why the presidency set up this commission to recover everthing you have lost through this fruadulent and dubius poeple who are killing the image of this country. We here by advise you to make an offical complain to us regarding your situation so that we can recover your fund and adequately punish the culprits.

You are advice to give us a detailed explanation and make the known to us the parties involved for a fast recovery of your fund. Get back to us immediately lets get your fund recovered, becuse the presidency gave us a limited time to recover all these funds. We are sorry for any inconviniences this must have caused you.

YOU SEE THE PROBLEM WE ARE FACING SINCE THE INSEPTION OF THIS COMMISSION IS THAT A LOT OF POEPLE WHO HAVE FALL VICTIM TO THESE FRAUDULENT PEOPLE ARE TOO SHY OR AFRAID TO REPORT THEIR CASE TO THIS COMMISSION. WE ONCE AGAIN THANK YOU FOR YOUR BOLD STEP IN ASSISTING US TO RECOVER YOUR FUNN AND AT THE SAME TIME CLEANSE THE BAD IMAGE CREATED BY THESE FRADULENT PEOPLE TO THIS COUNTRY’

I WANT TO ASSURE YOU THAT YOUR INTEREST IS HIGHLY PROTECTED BY THIS COMMISSION EVEN IF YOU HAVE BEEN COMPELLED TO DO SOME UNLAWFUL THINGS BY THESE FRAUDULENT PEOPLE. YOU DONT HAVE TO BE AFRAID BECAUSE THE SUCH PEOPLE ARE PROTECTED BY THIS COMMISSION, ONCE YOU CAN ASSIST US IN OUR INVESTIGATION TO FLUSH OUT THESE BAD EGGS IN OUR COUNTRY.

THIS COMMISSION NEED THE FOLLOWING INFORMATION FROM YOU.

1. THE EXACT AMONT THEY HAVE COLLETED FROM YOU

2. THE DATE IF YOU CAN STILL REMEBER NO MATTER HOW LONG AGO

3. THE NAMES OF THE INVOLVED PARTIES IF YOU HAVE THEM

4. THIER TELEPHONE NUMBER

5. THE BANK ACCOUNT NUMBER AND NAME THEY USED COLLECT THIS MONEY FROM YOU

6. DID YOU EXECUTE ANY CONTRACT IN NIGERIA OR DID THEY JUST WANT TO USE YOU TO CLAIM SOME OTHER PERSONS FUND?

7. DID YOU INHERIT ANY FUND OR DID THEY COMPEL YOU TO ACCEPT THAT YOU HAVE AN INHERITANCE?

IF YOU YOU HAVE ANY UNCLAIMED FUND IN THIS COUNTRY GIVE US THE DETAIL SO THJAT WE SEE TO IT THAT YOUR FUND GET TO YOU. IF NOT JUST TELL US THE EXACT AMUONT THEY HAVE COLLECTED FROM YOU LET TRACK THEM AND GET IT BACK TO YOU.

THIS COMMISSION WANT TO ASSURE YOU THAT YOU HAVE BEEN PARDONED FOR ANY OFFENCE THESE MEN MUST MEN MUST HAVE COMPELLED YOU TO COMMIT IN THIS COUNTRY ONCE YOU CAN ASSIST US TO TRACK DOWN THESE EVIL MEN

PLEASE GET BACK TO US WITH ANY OF THE ABOVE INFORMATION OR MORE AT YOUR DISPOSAL.

NUHU RIBADU

CHAIRMAN EFCC

NB; PLEASE DO NOT RESPOND TO ANY MAIL WITHOUT THIS CODE [ EFCC123NG] THIS IS OUR SECRET. RESPONDING TO ANY MAIL WITHOUT THIS CODE MIGHT LEAD YOU TO THE WRONG HAND

Scammers abusing Zenith Bank and Mr. Kofi Anan of the United Nations in a money recovery scam.

ZENITH BANK COMPENSATION UNIT, IN AFFILIATION WITH THE UNITED NATION.

Send acopy of your response to official email: zenithbankplc1@xxxx

ATTN: Sir/Madam, How are you today? Hope all is well with you and family?,You may not understand why this mail came to you.We have been having a meeting for the passed 7 months which ended 2 days ago with the then secretary to the UNITED NATIONS.This email is to all the people that have been scammed in any part of the world, the UNITED NATIONS have agreed
to compensate them with the sum of US$ 250,000.00 (Two Hundred and Fifty Thousand United States Dollars)This includes every foriegn contractors that may have not received their contract sum, and people that have had an unfinished transaction or international businesses that failed due toGovernment problems etc.

We found your name in our list and that is why we are contacting you, this have been agreed upon and have been signed.You are advised to contact Mr. Jim Ovia of ZENITH BANK NIGERIA PLC, as he is our representative in Nigeria, contact him immediately for your Cheque/ International Bank Draft of USD$ 250,000.00 (Two Hundred and Fifty Thousand United States Dollars) This funds are in a Bank Draft for security purpose ok? so he will send it to you and you can clear it in any bank of your choice.Therefore, you should send him your full Name and telephone number/your correct mailing address where you want him to send the Draft to you.Contact Mr. Jim Ovia immediately for your Cheque:Person to Contact Mr. Jim OviaEmail: zenithbankplc1@xxxx

Thanks and God bless you and your family. Hoping to hear from you as soon as you cash your Bank Draft.

Making the world a better place.

Regards,Mr. Kofi Anan
Former Secretary (UNITED NATIONS).

After replying to that email, it will be followed at some stage with this fake Homeland Security email (or one of it’s variations).

U. S. Department of Homeland Security

Attn:
This is to inform you that we have investigated your fund payment transfer form
Our Fund monetary Network Code 00-99077, that an outstanding payment to the
Tune of US$8 Million only was transferred in favor of ………………………………
Of U S A, Which has unavoidably been stopped by HLS.This is because of our
Regulated law concerning huge transfer of fund from Nigeria that has not been
Entirely registered by the international Monetary Fund (HLS) to avoid illicit
Entering into the Global Bank System.

Note that due to the spite of legal and the related illegal fund wires. HLS monitors have certify all large transfers to determine their origins and purpose, this law was made due to the September 11th Terrorist Attack in the United States by the Paris Club of France and other Nations. However. The HLS have satisfied that the transfer in question come about as a result of payment of fund deposit.

Here are the requirements below:

(a) Certificate of Origin
(b) Anti-terrorist Certificate
(c) Money Laundry Certificate

But our rules also implies that such legal fund like this should be duly Certified and appropriately registered and authenticated by this office, and we wish to inform you that your banks in ..u s a……, would have confirm the payment within 72 hours from the day it was due for transfer by the (CBN or ZBN or UBN ) before it was stopped by the investigation Dept of HLS. As a result, the fund was not back up with irrevocable payment standing Order (ISPO) Certificate but due to the fact that have anything to do with illicit business dealings.

Do respond without delay since our stop order is kept pending for Seven days after which the fund a my be confiscated by HLS until this certificate to (CBN or ZBN or UBN ) office in order to confirm your fund ofUS$8 Million into your account in U S A and receive your payment within 6hours on the receipt of the certificate.

Best regards

Steve McCraw

The money recovery scam email below is one that I received today, Nov 9th 2007, it mentions the Central Bank of Nigeria (CBN) and the United Nations.

PLEASE NOTE: The website referred to in the email below, http://home.rica.net/alphae/419coal/news1jul.htm is a well known anti-fraud website, this is not the first time that scammers have given a link to their website in a scam email, please note that when going to the link, there is a scam warning on the webpage that says:

NOTICE (15 JUN 2007)

It has come to our attention that this page on our site has been given as a Link in a 419 solicitation sent out by some silly 419er. The intent of the Link is to give “credibility” to a “money recovery” (Recovery 419) scam. If you have been referred here by someone offering to recover money stolen by 419 scammers, then that is a scam. We thank our colleagues at Fraudwatchers.org for bringing this matter to our attention.

From: “mr_martins kevin” mr_martins_kevin@yahoo.co.uk

Subject: SCAMMED VICTIM/COMPENSATION OF $250,000 DOLLARS ONLY BENEFICIARY.REF/PAYMENTS CODE:06654 (TWO HUNDRED &FIFTY THOUSAND USD.

FUNDS REMITTANCE AND CASH TELEX DEPARTMENT/ FINANCIAL TASK FORCE UNIT CENTRAL BANK OF NIGERIA ABUJA WEST AFRICA ADMISTRATIVE HEADQUARTERS ABUJA DISTRICT RC 14457 TEL +234-8030877228 SUBJECT: TRANSFER NOTICE THE ABOVE SUBJECT REFERS. SCAMMED VICTIM/COMPENSATION OF $250,000 DOLLARS ONLY BENEFICIARY.REF/PAYMENTS CODE:06654 (TWO HUNDRED &FIFTY THOUSAND USD.

Dear Sir.Madam

This is to bring to your notice that I am delegated from the United Nations to Central bank Nigeria to pay 5000 All scam victims $250,000 each, this includes fake lottery claims, inherittance funds, next of kin all this crime emanated from Nigeria and they have their network both in burkina faso, Abidjan , benin in Africa, europe, Asia and United states of America mostly, you are listed and approved for this payments as one of the scammed victims,get back to as soon as possible for the immediate payments of your $250,000 dollars compensations funds.

On this faithfull recomendations,I want you to know that during the last UN meetings held at Abuja,Nigeria,it was alarmed so much by the rest of the world in the meetings on the lose of funds by variouse foreigners to the scams artists operating in syndicates all over the world today,in other to retain the good image of the country,the president of the country is now paying 5000 victims of this operators $250,000 USD each,Due to the corrupt and inefficient banking systems in Nigeria,the payments are to be paid by intercontinental Bank plc Nigeria as corressponding paying bank under fundling assistance by the Central bank Nigeria.

According to the number of applicants at hand,4705 beneficiaries has been paid ,half of the victims are from the United States,we still have more 300 left to be paid the compensations of $250,00 each. Your particulars was mentioned by one of the syndicates, who was arrested in Lagos Nigeria as one of thier victims of the operations,you are hereby warned not to communicate or duplicate this message to him for any reason what so ever,the US secret service is already on trace of the criminal.

For more vital information,please visit:

http://home.rica.net/alphae/419coal/news1jul.htm

You can receive your compensations payments via any of the both options you choose,DRAFT PAYMENTS or WIRE TRANSFERS,I shall feed you with further modalities as soon as I hear from you.

Once again…..Congratulations!!

Yours Faithfully,
MR Matrtins Kevin
Director:Fund Remittance & Cash Transfer Dept.
For; United Nations monitoring Agency.