A Scam Email with the Subject "IN UAE - BANK FINANCE IS THE CHEAPEST COMPARED TO PVT FINANCE" was received in one of Scamdex's honeypot email accounts on Sun, 10 Feb 2008 16:43:34 -0800 and has been classified as a Generic Scam. The sender was "Accord Management Consultants" <firstname.lastname@example.org>, although it may have been spoofed.
SECRETS REVEALED - DUBAI , UAE- HOW TO GET BANK FINANCE Dear Friends, Many of you might have had a good Business during the Christmas and Year endsales and now rearing to go at new business expansion and opportunities in the coming months . We have been able to serve 10100 customers as of 29th December 2007 of which 90% were for cash loans and 10% for normal trade finance . We have received several queries from our customers of how to get the maximum possible finance from Banks and today we would like to give you a brief idea of how we arrange bank finance here in the UAE from Banks . Our primary look out in a customer are the following: 1. How old is the company ? 2. Is the company an LLC or an Establishment ? 3. If an LLC , then does the expat director have borrowing powers from Bank in the Memorandum and Articles of Association which is called court agreement . 4. What is the line of industry the customer is in . 5. Is the turnover of the company too low ? 6. Are there are too many days in the bank statement that the balances have gone very very low ? 7. Are there are more than 3 cheque returns in one year and any single cheque return in the last 3 months ? 8. Is the turnover of the company on a growth scale or is the business going down. 9. Is the age of any director / partner over 60 years 10. Does the company have any audited figures ? 11. Is the company prepared to allow us to make the in house financial figures and then approve its correctness. 12. Are there too many inward cheques from company's customers also returning ? 13. Does the company have somebody to answer the office telephone properly when a bank calls ? 14. Does the company have sudden large volumes of cash coming into the account ? 15. Compared to industry standards is the company's profitability too low or too high ? 16. Has the company already borrowed from too many banks ? 17. Has the company applied in banks and cases have been rejected ? 18. Are the company's debtors of good quality ? 19. In case the company wants to go for normal trade finance does it have 3 years financials ( audited or non audited ) or is the company ready to make it with our help ? 20. In the case of normal trade finance like LC.TR,LBD,OD is the company prepared to place some fixed deposits in the same bank in the company's name in the first year of facility as it will be a new relationship with a new bank ? 21. Is the company ready to consider Islamic financing also ? , as they are the cheapest today and very friendly loans once you get over the initial procedures ? 22. Is the company ready to provide some projections of what the company will do with the finance we can arrange for the company ? We have now revealed to you above the secrets of bank finance . If you can satisfy the above questions yourself and have ready solutions for them , then you do not need us . You can go directly to the banks . The advantage of going through us is that we have direct contacts with 14 banks and we know what the bank wants and we will advise you properly and make sure you get finance to the extent needed by your company . We will help you prepare your feasibility report, projections, balance sheets in the case of Normal trade finance like LC,TR , OD etc. Our CEO Mr P. Rajshekhar ( popularly known as Mr Raj in the field) is well known in the industry in this same field for the past 22 years in Dubai . In case you are looking only for CASH loans then we can get you upto 2 million from 7 banks within 30 working days , based on your one years bank statement. All you need is a minimum turnover of Dhs 80,000 per month in your bank statement. We thank all our customers who have supported us all these years bringing Accord Management Consultants with its team of 16 members to this level. We are a management Consultancy firm based in Ghusais , Dubai . We have satellite offices in Sharjah and Abudhabi but all business is controlled from Dubai. Thanks and Best Regards Sreedevi Manoj , Shiraz Karim, Prameed Nair, Sonia Bhargava, Lekha Menon, Sherin Mohd, Subhlaxmi Ram, Siab Karim and the rest of the AMC team. Our main contact persons and numbers are PADMA PRABHAKHAR- Office 2678654 or Mobile 050-6748775 P. RAJSHEKHAR- 050-5537664 PLEASE DO LET US KNOW IF INTERESTED. Once you decide to go ahead the following documents would be needed. DOCUMENTS NEEDED FOR PROCESSING TERM LOAN ( CASH LOANS) 1. TRADE LICENCE COPY 2. MEMORANDUM OF ASSOCIATION COPY ( PLEASE MAKE SURE THAT BORROWING CLAUSE BY MANAGING DIRECTOR IS PRESENT IN THE MEMORANDUM OF ASSOCIATION) 3. PASSPORT COPIES OF DIRECTORS ( EXPAT PLUS LOCAL) 4. 5 VISITING CARDS 5. BANK STATEMENTS 3 months to 1 year depending from which bank you need the facility . 6. COMPANY PROFILE ( ONLY IF AVAILBLE) 7. BALANCE SHEET ( ONLY IF AVAILABLE) We receive about 100 calls a day and about 40 are prospective customers so we are unable to come to your office with this traffic situation, therefore we request you to come to our office at Ghusais where over a cup of tea we could peacefully discuss your finance needs . ONCE ABOVE DOCUMENTS ARE READY AND OUR MOU IS SIGNED PLEASE COME OR SEND THE SAME TO OUR OFFICE AT GHUSAIS OFFICE 116, 1ST FLOOR, DAMASCUS STREET ,AL GHUSAIS TEL 2678654 CONTACT PERSON MRS PADMA PRABHAKHAR WHEN U COME FROM INVESTBANK ROUND ABOUT SHARJAH TOWARDS GHUSAIS U WILL REACH THE FIRST SIGNAL IN DUBAI ( THIS ROAD LEADS TO DUBAI GRAND HOTEL) U WILL SEE A MASHREQ BANK , KEEP GOING TOWARDS GRAND HOTEL, ON THE RIGHT U WILL SEE A EPPCO PETROL STATION , WE ARE THE 7TH BUILDING AFTER THE EPPCO ON THE SAME RIGHT SIDE. DONWSTAIRS IS A PHARMACY - AL ARBASH PHARMACY- YELLOW COLOUR BUILDING AFTER OUR BUILDING ARE 14 NEW BUILDINGS ( ALL YELLOW COLOUR). There is a new adcb bank , spinneys that has sprung up in these new 14 buildings , which is after our 4 storey yellow color building. LOOKING FORWARD TO YOUR VISIT. PADMA PRABHAKAR 050-6748775