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Japanese To USA $1M Investment

Discussion in 'BlackHat Lounge' started by SuperBlackHat, Nov 7, 2011.

  1. SuperBlackHat

    SuperBlackHat Power Member

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    I have a company that an investor represented by a japanese investment company says he is looking to invest $1M. This investor found me, instead of me finding him. His Japanese money managers have been going back and forth with me for about 2 months.

    I'm being told that in order for me to receive the $1M wire, I must pay a compliance and insurance fee and split the costs of the fee 50/50 with the investor. This is to ensure to them that I have some skin in the game. The amount I Must pay is $10K in order to receive my $1M wire.

    Now in my world, $10K is a relative pittance to be working this hard for 2 months to collect by way of numerous phone calls and emails. The fact they are going through all this work and trouble to close this transaction sort of gives me the impression they may have some legitimacy, but at the end of the day, im not too sure. I cant really find any 3rd party info about them, only their website info, and a few linkedin accts. We are to trade passport info, but in this day and age, anyone can pretty much fake a passport or license.

    A contract was signed and notarized on my end detailing the terms of the deal. It was then reviewed by their "underwriter", who approved it and now has presented me with the compliance payment documents.

    Let me ask you guys, does this seem as though it could be a legitimate transaction? or an evolved nigerian scam? I dont want to spend $10K only for them to disappear and never hear from them ever again. I was thinking of spending the $10K via a line of credit, to have some protection in case things go awry, but still, im just not sure.

    What are your opinions of this situation guys?
     
  2. YugiMutou

    YugiMutou Junior Member

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    If somebody want to give you money they will never charge you money that's like you hiring me then telling me in order to get my pay check i have to give you some money. :cool: So tell them you not paying anything bro. Plus espicelly if you can sit with them face to face to ...if somebody was willing to invest 1 million .....10k is pennies so why would they ask you for pennies they already have.
     
  3. teeniegenie

    teeniegenie Supreme Member

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    If you are "required" to pay the $10k to these guys directly, then no, I don't think you'll see anything except a smaller bank account. What kind of due diligence have you conducted of the party who you are paying the money to? If you really need to pay a "compliance and insurance fee" then it would be to a legitimate third party (such as an insurance company for some type of bond that would be used to secure the possibility that you would steal the supposed $1mm they want to give to you).

    Be careful - even if $10k isn't much money to you it is still a lot of money. If they are serious about sending someone $1mm they'd spend a few thousand dollars to fly and meet you face to face IMO.

    Good luck!

     
  4. DiMXx

    DiMXx Registered Member

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    Seriously dude? The information you provided is dripping with scam butter.

    DO NOT DO IT!
     
  5. sukataetumba

    sukataetumba Senior Member

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    don't fall for these types of scams.

    they moved from Nigeria to Japan now haha.
     
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  6. Choosen

    Choosen BANNED BANNED

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    They are both right, save your money, don't get scammed ... Stop contacting them, if they start "begging" you know its a scam..
     
  7. SuperBlackHat

    SuperBlackHat Power Member

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    they already stated they would fly to meet me AFTER the investment is made, to see my location of operations, and offer advice on how to grow the business.

    Make no mistake, $10K is alot of money, but, its relatively small i think compared to how much work they are putting in to get it. This is what makes it seem off to me.
     
  8. marusia

    marusia Senior Member

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    So just tell them to take the 10k out of the 1M. Any legit funder would be willing to do that.

    Stay away.
     
  9. marusia

    marusia Senior Member

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    If I knew I could get 10k out of someone, I'd be willing to put on a song and dance for you for 2-3 months too.

    Hell, I could even come up with "associates" and underwriters as well to help me get your money.

    There's nothing legitimate about that.
     
  10. sukataetumba

    sukataetumba Senior Member

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    they should have attempted to see your operations before they invest.

    You are currently blinded by the offer. Nobody will invest first then see what operations look like. Not in the real world.

    Grab a beer or 2 and reflect.
     
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  11. SuperBlackHat

    SuperBlackHat Power Member

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    I think you guys may be right. I may move to take your advice.
     
  12. bookmarc

    bookmarc Senior Member

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    another Nigeria type of scheme perhaps?
    just a different twist
     
  13. egategat

    egategat Newbie

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    if it seems to good to be true then that's definitely fake or a scam. Do not fall for it.
     
  14. Getwhatchuwant

    Getwhatchuwant Elite Member

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    Yeah I dont see why Millionaire investors would need for you to pay $10K in order for them to invest 1 mil...
    skin in the game? How about the fact that you own and operate a business...a business they have not seen yet by the way.

    If it looks like shit and smells like shit......
     
  15. TimSB23

    TimSB23 Newbie

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    I have some friends in Japan I was just left there in Dec 2009 I could ask them if they know anything about the company your working with?
     
  16. Narrator

    Narrator Power Member

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    It sounds like a scam to me. They came to you offering to invest but want you to pay out $10k, that sounds ridiculous. I bet they'll even suggest an (fake) escrow account for you to deposit your funds into.

    Cheers!
     
  17. luccha

    luccha Regular Member

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    Just Another Scam. Ask them to visit you first and talk in person.
     
  18. tnhomestead

    tnhomestead Regular Member

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    Umm no one spends a mil THEN goes and sees the operation. If it was legit they would have been here ten or twenty times by now. Japanese are big on face to face, and anyone with a million to spend is going to spend 10 or 20K to verify their investment is going to work.
     
  19. Madruga

    Madruga Senior Member

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    [​IMG]

    Heads UP! :)
     
  20. NapsteR

    NapsteR Jr. VIP Jr. VIP

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    Sounds something like Nigerian scam to me...