Couldn't happen to a more deserving bunch of crooks. This message was posted in a debt collector's forum. Scammers scamming scammers. (LOL) I need to warn everyone who accepts business placements via email to watch out for the Nigerian 401 scammers who are now targetting collection agencies. The basis of the scam is to place a large value account for collection and then to pose as the debtor and then pay the account with a counterfeit check. I have just been the unwitting victim of just such a scam but spotted it soon enough to prevent damage to more than my pride.($375,450.28)to be prceise. It onvolved cross border email and mail and I have actually received the check, a very very good counterfeit. I called the FBI and was told they are not interested as it originated overseas and is therefore not in their jurisdiction. FBI = Federal Bureau of Indifference. Terrorists dont need to bomb us they can kill us ecconomically unless we are vigilant. Anyone requiring further detail is welcome to contact me Terry Walling President US Asset Protection Solutions LLC 772-460-5222 Ext 201 usaps@comcast.net
So, the CA deposits the check, then forwards a real check for the balance less their fee! I guess no one is invicible to greed!
Here is another Wow!!! Geez!!!!!!! Ram, Fortunately, bankruptcy provides the creditor or JR person (also a creditor) with a terrific means to determine what happened to assets. It's called a Rule 2004 examination. This functions much like a judgment debtor examination in state court, except fishing expeditions are allowed. You can bring in the debtor or debtor's wife, business partner, or any other 3rd party you suspect is holding or hiding assets. You can subpoena bank records, taxes (maybe), and so on. That's the way to locate assets with legs. The 2004 is a terrific tool for a number of reasons. Obviously, the discovery part is of enormous help. But also, I've had a lot of debtors drop out of BK simply because they did not want to answer quesitons, or because it was going to cost them another $1K-3K. Remember, the attorney they hire only signs up for to prepare the petition and attend the 341 creditor's meeting. At that point most creditors lose interest and drop out. But to press on with a 2004 exam can be pretty scary and costly. Thus the debtor's themselves may drop out. A mistake a lot of creditors make when following a bankruptcy is to confront the debtor with inaccuracies in his/her petition. For example, at the creditor's meeting (where creditors can appear and ask questions regarding the debtor's assets) a creditor may say, Ah ha!! And what happened to the Cadillac!! Or something like that, to show the trustee that the debtor is a liar. Well, when confronted like that, the debtor is going to say, "Oh, yeah, thanks, I forgot about that." And the trustee will say, "Well, amend your petition to include it." And that's as far as it goes. What I do, and recommend to others in the course, is to let the debtor lie and lie. Nod your head and say, "Uh huh, uh huh." Ask the question again again, another way, until the debtor has committed fully to the lie. Then bring a Rule 727 action agaisnt the debtor for false statements. Not only is that expenive for the debtor to oppose, but he will likely lose if the lies are serious enough. .Peter Best Regards, Peter Peter Gilboy, Ph.D Director, Judgment Trackers 6161 El Cajon Blvd. #525 San Diego, CA 92115 Tel: 619.501.9199 Fax: 877.581.4555
