Tuesday, September 24, 2013

Phil Chan Case Analysis

Problems and Issues This reference deals with an advanced fee scam that has been run let on of Nigeria since the mid-1980s but app atomic number 18ntly unknown to the Basic software guild of Hong Kong. On August 26,1998 the owner of Basic Software, Allen downwind, was sharpen a letter by Tokunbo Jacobs from the Nigerian National oil hatful (NNPC). Mr. Jacobs claimed to have gotten Mr. Lees name from a close coitus 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 pecuniary resource of $14.3 jillion USD. Basic Software would receive a 35% portion ( over $5 million USD) as a commission. Mr. Jacobs claimed the specie was operable due to an over estimate from a father penalize by an experiate contractor and the tender committee by choice over inflated the original contract. Since the project had been completedd and this say true already received their payments, Mr. Jacobs wanted to share the redundancy in exchange for an account in which this currency 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 manner of walking into a situation where he and his company were close to to be scammed. Critical abbreviation of the Issue I am frequently amazed to read and hear about how people and organizations are easily mugginsed by empty promises contained in letters from complete strangers. Who co uld be such a fool to give money to someone ! they have never met. This case is a untarnished example of an advance fee pseudo (AFF) scheme that has been in existence through regular postal mail for to a greater extent than 20 years, and which has... If you want to get a full essay, gild it on our website: OrderCustomPaper.com

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