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‘Can You Handle a Financial Transaction’ Advance Fee Scam

by Brett M. Christensen

This email asks if you can handle a multi-million dollar financial transaction with one Mr George Lewis.

Apparently, George is inviting you to assist him in investing $45.2 million in various areas of interest including real estate, fisheries, and hotels. And, he promises that you will be compensated for “assisting him to secure the funds for investment purposes”.

But, alas, the person who sent the email is an advance fee scammer and, despite his claims, he does not have a $45 million investment fund. And, his name is almost certainly not George Lewis. 
If you reply, the scammer, still posing as George, will claim that he needs you to send him money before the deal can go through.  He’ll tell you that the money is required to pay various fees in advance. He’ll explain that the fees cannot be paid out of the investment fund itself for legal reasons. And, he’ll warn that the plan will fall through if you do not send the requested funds within a few days.

If you do send money, “George” will invent a series of reasons as to why you need to send even more money.  He’ll continue to send requests for money until you run out of funds or at last realise that you are being scammed.

At the point, “George” will disappear with your money and suddenly become uncontactable.

Moreover, as the scam played out, “George” may have managed to trick you into sending him a large amount of your personal and financial information. He may have asked you to send documents to prove your identity, ostensibly so that he could set up the investment deal in your name. And, he may have asked you to provide your banking details so that the supposed investment funds could be transferred into your account.

The scammer can later use this information to steal your identity.

Scams like this one have been around for many years and predate the Internet by decades. Nevertheless, they still gain new victims every day. Be wary of any unsolicited email, fax, letter, SMS, or social media message that promises you a share in a large sum of money you know nothing about.

Read more about Advance Fee Scams

 

An example of the scam email:

Subject: Investment capital

I am surprised that you did not get my first mail to you.

I am MR GEORGE LEWIS I want to inquire from you if you can handle a financial transaction (investment) of $45.2M with me which

I believe will benefit you and I.Please get back to me

1] Investment capital is $45.2M

2] Areas of interest are Real Estates, Industries, Fisheries, Transports, and Hotels

3] Shares are subject to negotiations. Take note that this transaction is 100% legitimate and risk-free. You shall be compensated for assisting to secure the funds for investment purposes.
Please ensure that this matter is kept strictly confidential.

NB…You can get back to me with this email
[Address removed]

Thanks for honoring this invitation. Expecting your mail  ASAP.

Thanks
MR GEORGE LEWIS



Importance Notice

After considerable thought and with an ache in my heart, I have decided that the time has come to close down the Hoax-Slayer website.

These days, the site does not generate enough revenue to cover expenses, and I do not have the financial resources to sustain it going forward.

Moreover, I now work long hours in a full-time and physically taxing job, so maintaining and managing the website and publishing new material has become difficult for me.

And finally, after 18 years of writing about scams and hoaxes, I feel that it is time for me to take my fingers off the keyboard and focus on other projects and pastimes.

When I first started Hoax-Slayer, I never dreamed that I would still be working on the project all these years later or that it would become such an important part of my life. It's been a fantastic and engaging experience and one that I will always treasure.

I hope that my work over the years has helped to make the Internet a little safer and thwarted the activities of at least a few scammers and malicious pranksters.

A Big Thank You

I would also like to thank all of those wonderful people who have supported the project by sharing information from the site, contributing examples of scams and hoaxes, offering suggestions, donating funds, or helping behind the scenes.

I would especially like to thank David White for his tireless contribution to the Hoax-Slayer Facebook Page over many years. David's support has been invaluable, and I can not thank him enough.

Closing Date

Hoax-Slayer will still be around for a few weeks while I wind things down. The site will go offline on May 31, 2021. While I will not be publishing any new posts, you can still access existing material on the site until the date of closure.

Thank you, one and all!

Brett Christensen,
Hoax-Slayer