I have not come across any of these types of scams but I will keep a eye open in this area also . Thanks for the advice .

I agree. Often, you can tell when something is a foreign investment scamA confidence game or other fraudulent scheme, especially for making a quick profit; . The emails that they send out are written in very bad English, and are often hard to read. They usually also claim that you were specifically chosen for this "project".

I think these ones are generally far and few between. I would always be concerned if you are dealing with an investor that you have not already heard of or made the effort to find something out about them.

There are some investments overseas that are worth investing in. But others that probably are a scamA confidence game or other fraudulent scheme, especially for making a quick profit; . I would make sure that if you are wanting to invest on foreign soil you need to use a broker where you are located.

If you wants to invest in foreign investment,than you should have some knowledge where you are going to invest.Without knowledge you should not make investment.

This is a good example of what Jewel is talking about. These e-mails are, for the newbies here, called 401 scamA confidence game or other fraudulent scheme, especially for making a quick profit; letters, so called because they usually are sent from Nigeria, and that country's legal codes have a statute called 401 that covers Internet scams.

FROM: MR.BRIGHT NGOMENI.
South Africa Civil Aviation Authority
Private Bag X 73,
Halfway House 1685.
Rep.Of South Africa.

ATT:SIR/ MADAM,

PROPOSAL FOR TRANSFER OF EIGHTEEN MILLION, FIVE HUNDRED THOUSAND US DOLLARS (US$18.5M) INTO YOUR NOMINATED BANK ACCOUNT:

I am MR.BRIGHT NGOMENI ,the financial controller of South Africa Civil Aviation Authority, and Secretary to the Contract Award Committee of my department. I have concluded arrangements with a bank director, to transfer out of this Country this US$18.5 Million Dollar for investment purposes. This Fund is from an over inflated invoice, arising from a contract awarded to one of our Aviation Authority contractors.

The contract has already been executed and the original contractor has been fully paid. So I have decided to transfer out of this Country US$18.5M, which is the balance of the contract fund. Because of my position in the office and for the fact that I am a South Africa, it will not be possible for me to transfer such huge amount of money on my name, because, there will be a lot of question from the authority on the origin of this fund. Consequent to this reason, I require the assistance of a Foreigner, who will present himself as the contractor and beneficiary of this amount: US$18,500,000.00 {Eighteen Million, Five Hundred Thousand US Dollars}, which will be transferred into your nominated overseas account.

I have deposited this Money with a reliable Security Company as a family valuable what eighteen million five hundred thousand dollar for safekeeping. Moreover, this money is already covered with South Africa Civil Aviation Authority contract and completion numbers, which of course makes it easier for us to affect this transfer on your name without any questions being asked. So, this is why I need a foreigner, who will stand and act as one of our Civil Aviation Contractor to claim this fund.

As the Financial Controller, I will assist you to procure the contract completion certificate that will back up your claim as our contractor. I will also monitor the immediate remittance of the above amount. You would however, be required to furnish me with these necessary informations to enable me install your information into our computer data base system as one of our contractors.

1.Your direct phone and fax numbers for easy communication.
2. Photocopies of your Identification, i.e. your Drivers license, your international passport or your national ID.

The information will enable me procure the contract certificate for the claim of this fund. This process will last for ten working days only. For your kind assistance I have decided to offer you 25% of the total amount, for providing to me your banking details where you would like this fund to be transferred and for your kind assistance, 5% has been map out for any expenses that we might incur during the process of this transfer. While the remaining 70% will be for my investment purposes,which I would seek your guidance to introduce to me a profitable business in your Country, because I have never been into any commercial business all my live. The banker has assured me that this transaction would be 100% risk free.

Please respond to me through this email ID: brightngomeni@gmail.com

and call me on my direct line + 27 78 391 4006 . for prompt action on this project. I know you will be kind enough to assist.

Thanking you in anticipation of your most urgent and positive response.

MR.BRIGHT NGOMENI.