Money laundering

[hassen1]

Money Laundering - This is a scheme that have been around for many years, earlier on starting with people receiving letters and faxes, and now becoming more high tech with their email messages. The scheme tells you that the sender (most likely from a country in the African continent) has a large sum of money, seeks your assistance in transferring this amount into your bank account, and if successful, you will be offered a x percentage of this amount. Sounds too good to be true that they have actually identified you for this opportunity?
Pitfall : Many wise businessmen, and young teenagers have been lured into these schemes due to greed, and rumours have it that after following through with the transaction, some have even been killed after travelling to meet the sender, lost a lump sum of money from their bank account, or have their identities stolen for illegal crimes

[mini_0]

Hey , I think it is not a scheme but I have read at numerous places that it is a fraud . Money laundering is a fraud which is part of what we now call the “underground economy” or “cash economy.” ”Wikipedia defines money laundering as: “the metaphorical "cleaning of money" with regards to appearances in law, is the practice of engaging in specific financial transactions in order to conceal the identity, source and/or destination of money and is a main operation of underground economy.”