Joint Venture Real Estate Investment Scam - Scamalot

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Scam Report Type: at  
Scam ReporterScam Tips Received
Anonymous
San Gabriel, CA, United States
2014-01-14 00:27:16
Business Venture Scam
Other Classified Ads Site
+5 Joint Venture Real Estate Investment ScamEmail Attached  
 Scammer
  Information
Name:
   Mr Hussaini Syed Abid
Email Address:
   abidhussaini10@hotmail.com
Telephone:
   +60 1439 27 332
Dear xxxxx,


Greetings.Thanks for your response and the contents well understood.My client is interested on JV partnership with you and which you will be the funds manager and sole controller of the investment while he remain a silent investor for a period of ten years. He wish to remain a silent investor/partner for a period of TEN(10) years so that his first child can come of age and have what it takes to manage resources because he is already having health challenges at the moment.

If you are interested,get back to me with your workable business/project plan to enable us study it before we take further decision. As a realtor, I need your business and project plan for study as we will be happy to be making at least 5%-10% net profit at the end of every year. You can also specify the expected net profit you will be expecting from this investment if you can make the above stated % in a year.

Mostly Commercial real estate,Residential and shopping mails will be welcomed if you feel it is good but you can also make your own suggestions as it will be taking serious as well. The amount involved for the investment is $20,860.000.00. Your wealth of experience will be the major factor in the JV investment. I am already drafting the joint venture investment agreement that will be sent to you in due course for your perusal but will be very much happy to get your investment/project plan as soon as possible.

However, I\'m confident that discussing commercial joint venture possibilities would be advantageous for us.

Sincerely,

Mr Hussaini Syed Abid
No. 1786, Jalan Jee Foh Utama,
98000 Miri,Sarawak,
Malaysia
email : abidhussaini10@hotmail.com
email : info@smabihco.com
Cell +60 1439 27 332

Head Office:
12 Port Said Street
Northern of the new PTT,
Tartous, Syria
Follow Ups/Extra Information. Most recent is listed first.
No Name   (Anaheim, CA, United States) Added the following extra information on :2014-08-03 19:58:43
 Scammer
  Information
Name:
   Shihdeh A. Razzaq
Email Address:
   razzaqinc@hotmail.com
Came through Trulia, similar/same message as others receive on this site:
Message: Dear Broker, Greetings.I represent an investor from Jordan seeking means of expanding and relocating his business to USA in real estate .Joint Venture partnership and Hard loan funding.Let me know if you are interested. Shihdeh .A. Razzaq razzaqinc@hotmail.com 60 1 43 927 332
And then after follow up requesting him to call me if interested:
Dear XXXXXXXXXXXXX,
Greetings.Thanks for your urgent response. I acknowledge the receipt of your mail and the content well understood. For the past 8 years I have been involved in investment facilitation service for Commercial Real Estate Financing in Asia and Middle East.My client is interested on JV partnership with you and which you will be the funds manager and sole controller of the investment while he remain a silent investor for a period of ten years. He wish to remain a silent investor/partner for a period of Ten (10) years so that his first child can come of age and have what it takes to manage resources because he is already having health challenges at the moment. He is suffering partial stroke as at the moment. You will not be asked to spend any cent on the transaction apart from the money you will use to set up bank account.
The investors I work for are interested in financing any projects in the following fields; Real Estate Development, Construction projects and various Trading etc. If you have a solid background and a good idea of making profit in any of the above mentioned business Sector in your country, kindly write for possible business co-operation as long as such project/business is capable of generating 5-20% annual return to the investors. I need your workable business/project plan to enable us study it before we take further decision. Our funding group have over 20 Million USD available only for lucrative project funding as long such project's ROI is up to 5-20 percent. Let me know the best time to call you on phone.
All projects/business requiring funding may be subjected to physically inspection by before funding.However, I'm confident that discussing commercial joint venture possibilities would be advantageous for us.We also believe that our business can be successful for generations only if we continue a Tradition of Trust.
Sincerely,
Shihdeh A. Razzaq 3/114, Taman Lian Hoe, 58200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Malaysia. +60 1 43 927 332

Scam Email
Shihdeh A. Razzaq 3/114, Taman Lian Hoe, 58200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Malaysia. +60 1 43 927 332

Anonymous   () Added the following extra information on :2014-06-17 22:48:51
 Scammer
  Information
razzaqinc@hotmail.com
I just got the same message from above email through Loopnet as well.

Anonymous   () Added the following extra information on :2014-06-06 13:58:38
 Scammer
  Information
Name:
   Shihdeh Razzaq
Email Address:
   razzaqinc@hotmail.com
Email sent through Loopnet looking for JV partner in US real estate. They will actually send you a JV agreement which is of course too good to be true. Here is original Loopnet message:
A LoopNet Member sent you a message. > > FROM: RAZ INC| (601) 439-2733 > > Dear Broker, Greetings.I represent an investor from Jordan seeking means > of expanding and relocating his business to USA in real estate .Joint > Venture partnership and Hard loan funding.Let me know if you are > interested. Shihdeh .A. Razzaq razzaqinc@hotmail.com +60 1 43 927 332

Scam Email
Dear XXXXXXXXXXX, Greetings.Thanks for your response and the contents well understood. My client is interested on JV partnership with you and which you will be the funds manager and sole controller of the investment while he remain a silent investor for a period of ten years. He wish to remain a silent investor/partner for a period of TEN(10) years so that his first child can come of age and have what it takes to manage resources because he is already having health challenges at the moment. If you are interested,get back to me with your workable business/project plan to enable us study it before we take further decision. As a realtor, I need your business and project plan for study as we will be happy to be making at least 5%-20% net profit at the end of every year. You can also specify the expected net profit you will be expecting from this investment if you can make the above stated % in a year. Meanwhile whether for a real estate investment or development firm, an investment fund, or a specific project or property, You should support my client’s funding goals through the development of customized business plans, project investment summaries, and assumption-driven cash flow or financial projections appropriate for individual and institutional investors and lenders. Each client engagement results in a well documented and supported real estate business plan and financial package that will: * Describe the project in detail . * Explain why the project fits the developer’s or investor’s investment strategy. * Forecast realistic cash flow and capital appreciation targets. * Analyze investment and operational risk. *Communicate a winning marketing strategy. * Provide detailed financial projections or cash flow models. * Suggest the most appropriate capital structure. *Detail financing assumptions, including senior and mezzanine debt, preferred equity and other complex transactions. * Demonstrate potential investor and joint venture returns. * Propose a well conceived exit strategy. Mostly Commercial real estate,Residential and shopping mails will be welcomed if you feel it is good but you can also make your own suggestions as it will be taking serious as well. The amount involved for the investment is $20,860.000.00. Your wealth of experience will be the major factor in the JV investment. I am already drafting the joint venture investment agreement that will be sent to you in due course for your perusal but will be very much happy to get your investment/project plan as soon as possible. However, I\'m confident that discussing commercial joint venture possibilities would be advantageous for us. Sincerely, A. Razzaq 1786, Jalan Jee Foh Utama, 98000 Miri,Sarawak, Malaysia +60 1 43 927 332

Anonymous   () Added the following extra information on :2014-05-07 06:11:56
 Scammer
  Information
Name:
   Raheel Ahmed
Email Address:
   raheel_investor@hotmail.com
Dear XXXXXXXX,
Greetings.Thanks for your response and the contents well understood.My client is interested on JV partnership with you and which you will be the funds manager and sole controller of the investment while he remain a silent investor for a period of ten years. He wish to remain a silent investor/partner for a period of TEN(10) years so that his first child can come of age and have what it takes to manage resources because he is already having health challenges at the moment.
If you are interested,get back to me with your workable business/project plan to enable us study it before we take further decision. As a realtor, I need your business and project plan for study as we will be happy to be making at least 5%-10% net profit at the end of every year. You can also specify the expected net profit you will be expecting from this investment if you can make the above stated % in a year.
Mostly Commercial real estate,Residential and shopping mails will be welcomed if you feel it is good but you can also make your own suggestions as it will be taking serious as well. The amount involved for the investment is $20,860.000.00. Your wealth of experience will be the major factor in the JV investment. I am already drafting the joint venture investment agreement that will be sent to you in due course for your perusal but will be very much happy to get your investment/project plan as soon as possible.
However, I'm confident that discussing commercial joint venture possibilities would be advantageous for us.
Sincerely,
Mr Ahmed Raeel, No. 1786, Jalan Jee Foh Utama, 98000 Miri,Sarawak, Malaysia Cell +601126314078

Scam Email
I am a commercial real estate agent and this \"investor\" came through our RE/MAX website to solicit several agents in our firm. We all got the same intro email: A customer on your RE/MAX Carolina web site has sent you a message. Name: Ahmed Raheel Phone: +601126314078 Email Address: raheel_investor@hotmail.com -------------------------------------------------------------- Attn Broker I represent investor based in Malaysia.We are currently seeking means of expanding and relocating our business interest abroad in the following sectors: real estate and shopping mall. If you have a solid background and idea of making good profit in any of the mentioned business sectors or any other business in your country, please write me for possible business co-operation. More so, we are ready to facilitate and fund any business that is capable of generating 10% annual return on investment .(AROI) Joint Venture partnership and Hard loan funding can also be considered. Kindly reply my email for further details about this investment project and also include your cell phone number for easy contact. Regards, Mr Ahmed Raheel No. 1786, Jalan Jee Foh Utama, 98000 Miri,Sarawak, Malaysia Cell: +601126314078 Email: raheel_investor@hotmail.com --------------------------------------------------------------

Anonymous   () Added the following extra information on :2014-03-01 08:43:39
 Scammer
  Information
Name:
   Mr Kevin Sands
Email Address:
   ksands_investor@hotmail.com
Soliciting a JV partnership with same letter content to different individuals, mostly realtors, using different pseudo names but with similar postal address and contact number.

Scam Email
Dear Sir Greetings.Thanks for your response and the contents well understood.My client is interested on JV partnership with you and which you will be the funds manager and sole controller of the investment while he remain a silent investor for a period of ten years. He wish to remain a silent investor/partner for a period of TEN(10) years so that his first child can come of age and have what it takes to manage resources because he is already having health challenges at the moment. If you are interested,get back to me with your workable business/project plan to enable us study it before we take further decision. As a realtor, I need your business and project plan for study as we will be happy to be making at least 5%-10% net profit at the end of every year. You can also specify the expected net profit you will be expecting from this investment if you can make the above stated % in a year. Mostly Commercial real estate,Residential and shopping mails will be welcomed if you feel it is good but you can also make your own suggestions as it will be taking serious as well. The amount involved for the investment is $20,860.000.00. Your wealth of experience will be the major factor in the JV investment. I am already drafting the joint venture investment agreement that will be sent to you in due course for your perusal but will be very much happy to get your investment/project plan as soon as possible. However, I\'m confident that discussing commercial joint venture possibilities would be advantageous for us. Sincerely, Mr Kevin Sands No. 1786, Jalan Jee Foh Utama, 98000 Miri,Sarawak, Malaysia Cell +60 1439 27 332

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