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Thread: Gold Fraud

  1. #1
    Join Date
    Jan 2011
    Posts
    1

    Gold Fraud


    ATTN: RAABO GOLD MINE IS A FRAUD
    I AM THE CEO OF A COMPANY IN THE UNITED STATES. I posted an entry on Tradekey that I was interested in purchasing Gold Bars. I had a prompt reply from what appeared to be a very professional Gold Mining company (Raabo Gold Mine) with postings all throughout the internet. After a representative (Stephen Hien) contacted me using a free internet email address, he sent me a contract for a CIF transaction. They had very specific requirements, 1) They wanted a 12 month contract with the first transaction to be 10 days after the contract was signed with a seal by Kone Somalia . 2) A copy of my passport 3) I was to pay the export taxes, and freight cost. All of this seemed legitimate. I did a research of the company on the internet and found NO NEGATIVE OR FRAUDULENT entries. We agreed to do an initial shipment of 10-kgs as a test and would increase the quantity after the first shipment. That is when this very elaborate scam began.
    I signed the contract on November 24, 2010 and then Mr. Stephen Hien sent me the name of a freight forwarder they use in Burkina Faso. This freight forwarder would pay the taxes and be responsible for exporting the Gold to me. The freight forwarder (AGS Burkina) representative provided the information for the money to be wired to their bank account. After they received the money, it took several days to get receipt that the money was received and when the shipment would be sent. Mr. Samuel then promised that the shipment would arrive in four days. Mr Amichia AKA Samuel contacted me the night the shipment was to be sent and stated that we needed to get ‘cargo insurance’. The contract specifically states that the seller will provide the insurance. Nevertheless, the scam continues because now they insist that cargo insurance is mandatory and can only be purchased in the Country of Origin. They gave me the name of an insurance company and informed me that it would cost an additional $25,000 for the insurance before the Gold bars could be shipped to the United States. After I refused to pay this amount for this fraudulent insurance, Mr. Hien contacts me and states they have found another insurance company that will give a discount on the insurance. I still refused to pay this amount and told them I thought this was outrageous especially since I paid for taxes, freight and insurance upfront. They again negotiated and stated that the cost of the insurance and can be extracted from the final payment. That the Gold is at the airport and cannot stay there more than 14 days or the government would seize it. After some time, Mr. Hien agrees to ‘share’ the cost of the insurance and because I have already invested and did not want to forfeit that amount, I agreed to send an additional $10,000 for this insurance. They insisted that I send this money ‘Money Gram’ to expedite and continue forwarding the freight. I sent over the money and AGS Burkina called me the night the Gold was shipped and stated it would arrive ASAP. He then took 24 hrs to send over the export documents and ‘airway’ bill. After several calls, I received the documents, to notice there was no airway bill. Items cannot be shipped without an airway bill. After several days, and no shipment and no response from AGS Burkina or Mr. Samuel, I inform Mr. Hien that something must be done and I must receive my shipment. Again the scam continues. Mr. Hien takes several weeks stalling stating that AGS Burkina misplaced the shipment and they needed to retrieve it and they would do what is necessary to send the shipmen t out. Mr. Hien states that he is going to send a representative from Ghana to ‘hand carry’ the shipment to cover both parties. I agree to wait, only to be informed that the representative could not deliver because he would have to pay additional export taxes for the representative to leave Ghana. Mr. Hien states I must come to Burkina Faso and retrieve the shipment. After several conversations, and I am adamant about not sending ANYMORE money as part of the African Gold Scam. Mr. Hien states that the export taxes must be paid again because now the shipment is over 14 days and the government won’t allow it to ship. I again state that I would not pay these taxes, only to have them state that their ‘partners’ will negotiate the taxes to ½ but I must come to Burkina Faso. After all of this, I agree to come to Burkina Faso but will only pay a certain amount for the export taxes and to retrieve the Gold.
    Mr. Hien and a partner meet me at the airport, assist with my Visa and set me up for a night in the hotel. I go to the village to meet their partners and began to see this elaborate scam is more advanced than I thought. I pay the taxes only and go back to the airport to leave with the goods and the next phase of the scam continues. They take the shipment and ‘board ‘it on the plane. As I await new export documents, I miss my flight. I was told that it was on the flight. Once I got to the US, I was informed that the Gold (shipment) was never placed on the plane. After which all communication seized. All in all this is very elaborate scam that has been well thought out and a great degree of this looks legitimate. But just like the Advanced Fee Scam, at every progress level they hold the Gold distribution for more money until you refuse to pay anymore and then they move on. Please beware of this scam that is now in the West African Region (Burkina Faso).


    Anthony

  2. #2
    Join Date
    Jul 2009
    Posts
    2,626

    Re: Gold Fraud

    Sorry to read that you lost money to a "fake gold seller" type scam but happy that you found Scam dotcom to post your experience.

    Thanks for posting up your story and all the detailed information about that scammer. You could also post up the email addresses, the emails themselves, phone numbers and any of the scammer's websites, as well. Making a scammer's scam googlable is a great way to slow that scammer down when a suspicious potential victim goes looking for information, finds your post and then does not become a victim because you took the time to post. Thanks!!

    Wasting a scammer's time legally and safely is called scambaiting. If you google that word, you will find sites where you can read scambaits, ask questions and learn all about that hobby. If the scammer has a website, you can post it at a scambaiting site, learn how to alert the hosting company and have that fake site taken down or simply post it there for someone else to "take care of".

    Now that you have responded to a scammer, you are on his 'potential sucker' list, he will try again to separate you from your cash. He will send you more emails from his other free email addresses using another of his fake names with all kinds of stories of awesome business deals, great jobs, lottery winnings, millions in the bank and desperate, lonely, sexy singles. He will sell your email address to all his scamming buddies who will also send you dozens of fake emails all with the exact same goal, you sending them your cash via Western Union or moneygram.

    Do you know how to check the header of a received email? If not, you could google for information. Being able to read the header to determine the geographic location an email originated from will help you weed out the most obvious scams and scammers. Then delete and block that scammer. Don't bother to tell him that you know he is a scammer, it isn't worth your effort. He has one job in life, convincing victims to send him their hard-earned cash.

    Whenever suspicious or just plain curious, google everything, website addresses, names used, companies mentioned, phone numbers given, all email addresses, even sentences from the emails as you might be unpleasantly surprised at what you find already posted online. You can also post/ask here and every scam-warner-anti-fraud-busting site you can find before taking a chance and losing money to a scammer.
    Last edited by Meri Widow; 01-23-2011 at 05:43 PM.
    Found a scam or scammer's email address? Post it at scamwarners.com
    Found a romance scam? Post it at romancescam.com

  3. #3
    Join Date
    Feb 2011
    Posts
    1

    Re: Gold Fraud Bamako, Mali

    This person Ibrahim Abdulahi is a fraud and scammer. Do not believe into what he is saying. He has no product, but just wants your money. The latest information is below.
    Name: Ibrahim Abdulahi, Address: Rue 321, Porte 78 faladie , City/state: Bamako
    Country: Mali , Phone: +223 76187921 email: kalanagold@yahoo.com

    All these information may have changed, this is what fraud people do.

  4. #4
    Join Date
    Feb 2010
    Posts
    21

    Re: Gold Fraud Bamako, Mali

    @tmax: Sorry man about you lost money. But dont worry you will earn double or triple of money.

    @anish786: Thanks for telling us the one more name of fraud person.

    @meri widow: Nice tips. You are right they never leave you. If they deceived you one time then they will also try to deceive you again.

  5. #5

    Re: Gold Fraud

    I am very sorry to here about this scam, thank you for your information on this gold scam, I think I was about to be had by the same scammers.

  6. #6
    Join Date
    Feb 2011
    Posts
    1

    Re: Gold Fraud Bamako, Mali

    Quote Originally Posted by anish786 View Post
    This person Ibrahim Abdulahi is a fraud and scammer. Do not believe into what he is saying. He has no product, but just wants your money. The latest information is below.
    Name: Ibrahim Abdulahi, Address: Rue 321, Porte 78 faladie , City/state: Bamako
    Country: Mali , Phone: +223 76187921 email: kalanagold@yahoo.com

    All these information may have changed, this is what fraud people do.
    This same person just tried to scam me. Also beware of Chief Nana Yaw in Ghana, email address:General Field
    The other one is Kofi in Ghana, email address:Kofi Kofi and his numbers is +233540923862.

  7. #7
    Join Date
    May 2010
    Posts
    4,636

    Re: Gold Fraud

    Quote Originally Posted by easygoldinvestment.com View Post
    I am very sorry to here about this scam, thank you for your information on this gold scam, I think I was about to be had by the same scammers.
    Someone whose website claims knowledge about investing in gold was "about to be had by the same scammers" trying to pull off one of these completely ridiculous scams?

    I don't think I'll be visiting your site for insight into this market.

  8. #8
    Join Date
    Jun 2011
    Posts
    4

    Re: Gold Fraud

    ‘FRAUD’, that is the one word which comes to any investor’s mind when s/he reads about the Commodity Futures Trading Commission (CFTC) hearing on manipulations in bullion market by gold cartels.

    So, the small and clean investors have been short-changed by big cartels during the past many years, especially during the recent boom time in bullion markets. Otherwise, how will you explain the biggest boom in paper gold (Exchange Traded Funds, ETFs) in the recent past with hardly any gold available in the market.

  9. #9
    Join Date
    Jun 2011
    Posts
    1

    Re: Gold Fraud

    Quote Originally Posted by easygoldinvestment.com View Post
    I am very sorry to here about this scam, thank you for your information on this gold scam, I think I was about to be had by the same scammers.
    A company called GB Global Mining AG is scamming for investment. Ran by Gary Potter and Tom Wilmot who have other scams between them.

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