From: Mr. David Palmer - davepm100uk@yahoo.co.uk
Good day,
I am David Palmer, staff of SMITH & WILLIAMSON Private Banking. I am
contacting you concerning a deceased customer and an investment he placed
under our banks management three years ago. I would respectfully request
that you keep the contents of this mail confidential and respect the
integrity of the information you come by as a result of this mail. I
contacted you independently of our investigation and no one is informed of
this communication. I would like to intimate you with certain facts that I
believe would be of interest to you. In 2000, the subject matter; came to
our bank to engage in business discussions with our private banking
division. He informed us that he had a financial portfolio of Thirty
million united states dollars, which he wished to have us turn over
(invest) on his behalf. I was the officer assigned to his case; I made
numerous suggestions in line with my duties as the de-facto chief
operations officer of the private banking sector, especially given the
volume of funds he wished to put into our bank. We met on numerous
occasions prior to any investments being placed. I encouraged him to
consider various growth funds with prime ratings. The favored route in my
advice to customers is to start by assessing data on 6000 traditional
stocks and bond managers and 2000 managers of alternative investments.
Based on my advice, we spun the money around various opportunities and
made attractive margins for our first months of operation, the accrued
profit and interest stood at this point at over ten million United States
Dollars, this margin was not the full potential of the fund but he desired
low risk guaranteed returns on investments. In mid 2001, he asked that the
money be liquidated because he needed to make an urgent investment
requiring cash payments here in the United Kingdom. He directed that I
liquidate the funds and deposit it with a security firm. I informed him
that SMITH & WILLIAMSON would have to make special arrangements to have
this done and in order not to circumvent due process, the bank would have
to make a 9.5 %deduction from the funds to cater for banking and statutory
charges. He complained about the charges but later came around when I
explained to him the complexities of the task he was asking of us. Cash
movement across boarders has become especially strict since the incidents
of 9/11. I contacted my affiliate and made the funds available to the
security firm. I undertook all the processes and made sure I followed his
precise instructions to the letter and had the funds deposited with the
security firm. The Security Firm is a specialist private firm that accepts
deposits from high net worth individuals and blue chip corporations that
handle valuable products or undertake transactions that need immediate
access to cash. This small and highly private organization is familiar
especially to the highly placed and well-connected organizations. In line
with instructions, the money was deposited with the security firm.
The deceased told me he wanted the money there in anticipation of his
arrival from Norway later that week. This was the last communication we
had, this transpired around 25th February 2003.In June last year, we got a
call from the security firm informing us that the inactivity of that
particular portfolio. This was an astounding position as far as I was
concerned, given the fact that I managed the private banking sector I was
the only one who knew about the deposit at the security firm, and I could
not understand why the deceased had not come forward to claim his deposit.
I made futile efforts to locate the deceased. I immediately passed the
task of locating him to the internal investigations department of SMITH &
WILLIAMSON. Four days later, information started to trickle in, apparently
our client was dead. A person who suited his description was declared dead
of a heart attack in Cannes, South of France.
We were soon enough able to identify the body and cause of death was
confirmed. The bank immediately launched an investigation into possible
surviving next of kin to alert about the situation and also to come
forward to claim his estate. If you are familiar with private banking
affairs, those who patronize our services usually prefer anonymity, but
also some levels of detachment from conventional processes. In his
bio-data form, he listed no next of kin. In the field of private banking,
opening an account with us means no one will know of its existence,
accounts are rarely held under a name; depositors use numbers and codes to
make the accounts anonymous. This bank also gives the choice to depositors
of having their mail sent to them or held at the bank itself, ensuring
that there are no traces of the account and as I said, rarely do they
nominate next of kin. Private banking clients apart from not nominating
next of kin also usually in most cases leave wills in our care, in this
case; the deceased died without a testate. In line with our internal
processes for account holders who have passed away, we instituted our own
investigations in good faith to determine who should have right to claim
the estate. This investigation has for the past months been unfruitful.
We have scanned every continent and used our private investigation
affiliate companies to get to the root of the problem. It is this
investigation that resulted in my being furnished with your details as a
possible relative of the deceased. My official capacity dictates that I am
the only party to supervise the investigation and the only party to
receive the results of the investigation. What this means, you being the
last batch of names we have considered, is that our dear late fellow died
with no known or identifiable family member. This leaves me as the only
person with the full picture of what the prevailing situation is in
relation to the deposit and the late beneficiary of the deposit.
According to practice, The Security Firm will by the end of this financial
year broadcast a request for statements of claim to SMITH & WILLIAMSON,
failing to receive viable claims they will most probably revert the
deposit back to SMITH & WILLIAMSON. This will result in the money entering
the SMITH &WILLIAMSON accounting system and the portfolio will be out of
my hands and out of the private banking division. This will not happen if
I have my way. What I wish to relate to you will smack of unethical
practice but I want you to understand something. It is only an outsider to
the banking world who finds the internal politics of the banking world
aberrational. The world of private banking especially is fraught with huge
rewards for those who occupy certain offices and oversee certain
portfolios. You should have begun by now to put together the general
direction of what I propose. There is Thirty million dollars deposited in
a security firm, I alone have the deposit details and they will release
the deposit to no one unless I instruct them to do so. I alone know of the
existence of this deposit for as far as SMITH & WILLIAMSON is concerned,
the transaction with our late customer concluded when I sent the funds to
the security firm, all outstanding interactions in relation to the file
are just customer services and due process. The security Firm has no
single idea of what's the history or nature of the deposit. They are
simply awaiting instructions to release the deposit to any party that
comes forward. This is the situation. This bank has spent great amounts of
money trying to track this mans family; they have investigated for months
and have found no family.
The investigation has come to an end. My proposal; you share the same
surname with our late client; I am prepared to place you in a position to
instruct the security Firm to release the deposit to you as the closest
surviving relation. Upon receipt of the deposit, I am prepared to share
the money with you in half. That is: I will simply nominate you as the
next of kin and have them release the deposit to you. We share the
proceeds 50/50.I would have gone ahead to ask the funds be released to me,
but that would have drawn a straight line to me and my involvement in
claiming the deposit. But on the other hand, you with the same very name
as the original depositor would easily pass as the beneficiary with right
to claim. I assure you that I could have the deposit released to you
within a few days. I will simply inform the bank of the final closing of
the file relating to the deceased I will then officially communicate with
The Security Firm and instruct them to release the deposit to you. With
these two things: all is done.
The alternative would be for us to have The Security Firm direct the funds
to another bank with you as account holder. This way there will be no need
for you to think of receiving the money from The Security Company. We can
fine-tune this based on our interactions. I am aware of the consequences
of this proposal. I ask that if you find no interest in this project that
you should discard this mail. I ask that you do not be vindictive and
destructive. If my offer is of no appeal to you, delete this message and
forget I ever contacted you. Do not destroy my career because you do not
approve of my proposal. You may not know this but people like my self who
have made tidy sums out of comparable situations run the whole private
banking sector. I am not a criminal and what I do, I do not find against
good conscience, this may be hard for you to understand, but the dynamics
of my industry dictates that I make this move. Such opportunities only
come ones' way once in a lifetime. I cannot let this chance pass me by,
for once I find myself in total control of my destiny. These chances won't
pass me by. I ask that you do not destroy my chance, if you will not work
with me let me know and let me move on with my life but do not destroy me.
I am a family man and this is an opportunity to provide them with new
opportunities. There is a reward for this project and it is a task well
worth undertaking.
I have evaluated the risks and the only risk I have here is from you
refusing to work with me and alerting my bank. I am the only one who knows
of this situation, good fortune has blessed you with a name that has
planted you into the center of relevance in my life. Let's share the
blessing. If you find yourself able to work with me, contact me through
this email account: davepm100@yahoo.co.uk if you give me positive signals,
I will initiate this process towards a conclusion. I wish to inform you
that should you contact me via official channels; I will deny knowing you
and about this project. I repeat, I do not want you contacting me through
my official phone lines nor do I want you contacting me through my
official email account. Contact me only through the numbers I will provide
for you and also through this email address. I do not want any direct link
between you and me. My official lines are not secure lines as they are
periodically monitored to assess our level of customer care in line with
our Total Quality Management Policy. Please observe this instruction
religiously. Please, again, note I am a family man; I have a wife and
children. I send you this mail not without a measure of fear as to what
the consequences, but I know within me that nothing ventured is nothing
gained and that success and riches never come easy or on a platter of
gold. This is the one truth I have learned from my private banking
clients. Do not betray my confidence. Kindly send your response to my
private email address: davepm100@yahoo.co.uk
I await your response.
David Palmer
