Saturday, January 11, 2014

Phil Chan Case Analysis

Problems and Issues This reference deals with an advanced fee scam that has been run permit on of Nigeria since the mid-1980s but app atomic number 18ntly unknown to the Basic parcel guild of Hong Kong. On August 26,1998 the owner of Basic Software, Allen lee, was take aim a letter by Tokunbo Jacobs from the Nigerian National vegetable oil hatful (NNPC). Mr. Jacobs claimed to have gotten Mr. Lees name from a close similarity at the Nigerian Export Council. Basic Software was purportedly selected by the Tender Committee at NNCP to assist in facilitating a financial transaction involving an international transfer of cash of $14.3 jillion USD. Basic Software would receive a 35% parcel ( over $5 million USD) as a commission. Mr. Jacobs claimed the funds was operable due to an over estimate from a hire penalize by an experiate contractor and the tender committee deliberately over inflated the original contract. Since the project had been humpd and this aver true already received their payments, Mr. Jacobs wanted to share the scanty in exchange for an account in which this money could be gainful out of. After a month of negotiating, Mr. Lee sent his Vice-President of Marketing, Phil Chan to Largos, Nigeria to complete the deal with Mr. Jacobs. Mr.
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Chan was unaware he was go into a situation where he and his company were close to to be scammed. Critical abbreviation of the Issue I am ofttimes amazed to read and hear about how people and organizations are easily mugginsed by empty promises contained in letters from complete strangers. Who could be such a fool to gi ve money to someone they have never met. Th! is case is a unblemished example of an advance fee pseudo (AFF) scheme that has been in existence through regular postal mail for more than than 20 years, and which has... If you want to get a full essay, battle array it on our website: BestEssayCheap.com

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