Thursday, July 19, 2018

When will the next stock market crash occur?

We are going to have a stock market crash, and possibly a recession, during President Donald Trump's first term. That is inevitable; the question is when. With this blog post, I’m going to try to let you know when far enough in advance that you can take action if you wish. I will update this page as I get more information.

I’m using the stock market crash on October 19, 1987 (United States) and subsequent recession (from July 1990 to March 1991) as my model. Note that anybody younger than 50 is unlikely to know much about these events. Note that I did not own any stock in October 1987 so I wasn't directly affected.

I successfully predicted the July 1990 recession in March 1990. I didn't think of it until September 1990 when a colleague reminded me that I had told him in March that there would be a recession. One of the problems with recessions is that you don't know when they start because it takes several months for the government economists to determine that a recession did indeed take place.

I do not expect the next crash to be as severe as the one in 1987. The stock market did eventually recover to where it was before the crash so people who had invested before the crash and then ignored it were made whole. I will discuss this in further updates: How long will it be before the stock market recovers from the crash?

July 19, 2018 At this point, my best guess is the 4th quarter of 2019 for the stock market crash.

Before making any investment decisions based on my advice, please read my Investment advice disclaimer.

Wednesday, June 27, 2018

There is no underlying value to Bitcoin and many other cyber currencies. If I own gold, Nvidia stock or a U.S. Treasury Note, there is an underlying asset that will always have value. The value of Bitcoin is determined by the Greater Fool Theory. In this case, the theory says that the value of Bitcoin will only rise if there is someone more foolish than you are buying it.

I saw this in the '80s with farmland in Illinois. The only way farmland was a good investment then was if the value continued to increase. Eventually, the bubble burst and many people lost a lot of money. Bitcoin is no different. Anyone who bought Bitcoin at $19,000 each realizes that.

When I posted this on LinkedIn, someone asked, "But what about cash, specifically, United States dollars?" This isn't about cash, this is about investments. If you consider Bitcoin an alternative investment, then why are you calling it a currency?

Thursday, May 24, 2018

Air-powered cars? Not energy efficient enough (Update)

Three years ago, I wrote a post saying that air-powered cards are not energy efficient enough to be used for most transportation uses. Three years later, only one thing has changed: Guy Nègre, the inventor of the air-powered car, died on June 24, 2016 (75 years old) without seeing his invention reach commercial success.

Zero Pollution Motors, a U.S. licensee of the technology, promises that you can buy a car next year (2019). It's always next year; in 2019, I expect that it will be 2020. I hope that anyone who made a deposit on a new car in 2015 has gotten their money back.

There is talk about Tata in India selling an air-powered car in 2020. However, the video I saw showed both three-wheeled and four-wheeled cars, indicating that the design isn't far along yet. (In the United States, a three-wheeled car is considered a motorcycle for regulatory purposes, which have much weaker security requirements than four-wheeled cars do.)

One thing the YouTube videos mention is that the cars are as light as possible. If these light cars were powered by a gasoline engine or an electric battery, they would have good gas mileage or range on a charge. Comparing these light cars to a conventional sedan is preposterous. I am getting 45+ miles per gallon in my 2017 Honda Accord Hybrid and it's a good sized car.

Scam alert: Do not make any investment in a company developing an air-powered car or give them a deposit on a new car. Likely, you will never see a return for your money. Shiva Vencat, CEO of Zero Pollution Motors, LLC has at least two funding sites trying to raise money.

I stand by my claim three years ago: Air-powered cars are not energy efficient enough for everyday use by Americans or Indians. I hope that, now that Mr. Nègre has died, this concept will fade into oblivion.

Monday, April 30, 2018

iPhone bug alert: No notice when voicemail full

With an Apple iPhone running iOS version 11.3, there is no notice if your voicemail fills up. Callers will get this notice: "The mailbox is full and cannot accept any messages at this time. Goodbye."

A previous version of iOS would tell you when your voicemail was full, but only if you actually went into your voicemail (i.e. just opening the Phone app was not sufficient to get the notification).

To reduce your voicemail so that your phone can accept new messages, you must delete some messages then scroll to the bottom and clear the Deleted Messages. You may also want to check Blocked Messages and delete them as well. I believe that deleted Blocked Messages will go into Deleted Messages.

Thursday, April 12, 2018

"IRS": "After 45 minutes, you will be arrested" — Guest blog

I got a call one day from the "IRS" telling me to call a certain number to prevent everything I own from being taken away from me. I thought it would be fun to call the number, so I did. Here's a transcript of the call. (I recorded it, but can't get the recording to work now.) The guy's accent was heavy. Where the idioms look like typos, they're not.
Irs1: Thank you for calling the Internal Revenue Service. How may I help you?
Me: Hi, I just got a call saying that I was going to be sued by the Internal Revenue Service.
Irs1: Hold on, ma’am. You’ll be provided all the information. 
Me: Okay.
Irs1: Ma’am, verify your home phone number.
Me: [Give them number they called me on (at 34 to 37 seconds in)]
Irs1: And to whom I’m speaking with right now?
Me: Julie Johnson
Irs1: Miss Johnson, are you still residing at [:48 through 1:09]? Miss Johnson, we called you to [unintelligible] you to [unintelligible] information. That there is a legal allegation and a law suit has been filed against you by the Internal Revenue Service. Are you aware about the situation?
Me: No, I’m not.
Irs1: So, I’ll let you know and I’m going to provide you all the information, but before that, do you have a pen and a piece of paper handy? I want you to write down some information.
Me: Yes, I do. I’m ready.
Irs1: Well, Miss Johnson, my name is Officer Derrick Brown. 
Me: Okay.
Irs1: And my [unintelligible] is IRC636660.
Me: Okay.
Irs1: And your case i.d. is DC8192. 
Me: ’Kay. 
Irs1: Thank you, Miss Johnson. Now I’m going to provide you with all the information, but before I do that I would like to tell you that we both are on federal marshals’ recorded lines, by the Internal Revenue Service and the Police of Washington, DC. So make sure you speak on the lines, it can also be used in favor of you...
Me: Okay.
Irs1: Or against you in the court, okay?
Me: So we are being recorded.
Irs1: Yes.
Me: Okay.
Irs1: Miss Johnson, I’ll just go ahead and read out the legal charges against your name now, but before I do that — don’t not interrupt me — I give you a fair time to speak. Now as for the documents, we conducted an audit on your taxes filed for the years 2009 through ’13, and we found that there was a miscalculation in error for the taxes that you filed does not match the tax record that we have. According to Section 7201, the amount still outstanding on your name which you have not paid yet, and for that reason, the local authorities have an arrest warrant to come to your place. Your driver license will be cancelled, and everything under your name. Your property, your back account will be seized. You will also face federal imprisonment for up to five years. Now the total amount outstanding on your name is $8,562, which includes your pending taxes, legal charges, and late fees. Now, may I ask you, Miss Johnson, did you do this intentionally or it was by mistake?
Me: By mistake.
Irs: On the phone this time, Miss Johnson let me tell you, Miss Johnson, [unintelligible] legal notices to the mailing address. We sent two legal notices in the months of September and October of 2015, but both letters have bounced back to us, so we assume that you are trying to run away from the situation, as well you are trying to defraud with the government. 
Me: I never got ’em. 
Irs1: It’s not our duty, ma’am. We did our job, you didn’t [unintelligible]. On the phone this time ma’am, we have two alternatives. First option is: If you think there is nothing wrong with your taxes, you can simply fly to Washington DC with a criminal attorney, and you can file down your case against the IRS, but make sure if your criminal attorney feels guilty inside the courthouse, then you have to pay a fine to the Internal Revenue Service — 25 to 30 thousand dollars. Otherwise, there’s going to be have a federal imprisonment by your name for five years. And the second option is: You can resolve the case outside of the courthouse by paying the outstanding amount to the Internal Revenue Service, and you can stop the arrest warrant by your name. So on the phone this time, Miss Johnson, we want to know what your last intention, because in the moment we get disconnected, I’ll be [unintelligible].
Me. Okay. Okay, that’ll be fine. I’ll go ahead and fight it.
Irs1: You’ll go ahead and fight? 
Me: Yeah. 
Irs1: No problem.
Me: I don’t have $8,000, so I got no choice.
Irs1: Ma’am, we are not talking about that you have to [unintelligible] the amount. If you want to resolve the case, but I can give you monthly payments [unintelligible]. 
Me: Oh, how much would my monthly payments be?
Irs1: If you have good intentions to resolve the case, I can transfer the call to my account department. They’ll guide you up, okay?
Me: Okay.
Irs1: But before transferring, before transferring the call, situation for you. The situation is how much you could come upcoming to resolve the case and to freeze the arrest warrant by your name? I mean maximum level. 
Me: Oh, I could probably get $5,000.
Irs1: Okay, ma’am. And the second question was what I have for you. The line that we are talking right now, this is your home phone number or your cell phone number. 
Me: It’s a cell phone number. [6:03]
Irs1: Cell phone number. So ma’am, I’m transferring the call to my account department. They will guide you up, okay? Hold the line while I transfer the call to my account department. Thank you.
Me: [Here I’m on hold from 6:20 to 7:22, but I can talk to you, the listener. You can’t hear it, but Rod Stewart is singing Maggie Mae in the background. I say, “I’m eating. I shouldn’t be doing that. This ought to be good... Right now, he’s probably telling him, ‘Hey, we got a live one. She’s willing to give $5,000.' Crazy people... I wonder if he hung up on me. Nah!”]
Irs2: Yes, this call is transferred to me. This is Paul Anderson from the Head of the Accounts Department. To whom I’m talking to right now?
Me: Julie Johnson
Irs2: Okay, and my bailor officer, he already explained to you what it is all about and what’s going on. So, I believe you got all the information, right?
Me: Well, I don’t understand why I would owe the IRS $8,562 from 2013,’cause I did my taxes that year, and we typically owe about $3,000. And that’s what we owed and that’s what we paid. So what was different that year, do you know?
Irs2: Our arbitrator already explained to you, okay? 
Me: It wasn’t explained to me why I owed so much money. 
Irs2: Okay, I’ll [unintelligible] again. Here we are talking about 2009 to the year 2013. There was some kind of miscalculation over there, [unintelligible] numerals, mistake in your taxes, so that’s why [unintelligible] amount. So see I’m not talking about one year, okay.
Me: Oh, so it was over several years, okay. 
Irs2: Okay, I’m not talking about one year, okay?
Me: Yeah, okay, and what is your name?
Irs2: So, my name is Paul Anderson. You can write it down. My name is Paul Anderson. Badge i.d. number for the Internal Revenue Service is IRC3137.
Me: Uh hm. Okay.
Irs2: Okay. So, I need your intention. What are you willing to do at [unintelligible] time? You will enter resolve this case outside of court or you can try this case inside the court. 
Me: Well, I’ll probably end up fighting it, I think, ‘cause I can’t come up with $8,562. 
Irs2: So, are looking for the payment plan, right?
Me: Yeah, that’s fine. I’ll do the payment plan. 
Irs2: Okay, but you can pay some the amount today, still, and rest of the amount, I can give it to you based premium plan. So, can I know how much you can come up with today, so that I can stop the lawsuit and cancel the arrest warrant? 
Me: Yeah. I’ll come up with $5,000 today. 
Irs2: Okay, so where do you have this $5,000? That means do you have sums of cash? In your debit card, in your credit card? Where do you have this money? 
Me: Well, I’ll call back this afternoon, and I’ll just go through your web site. You’re at, right?
Irs2: But, ma’am, if you hang up this line, but then I’m sorry I’m not help you out. I’m simply take this case legally inside the court. You can pay this amount right now, okay?
Me: Well, I’ll go to your web site right now and pay it.
Irs2: No problem. So I’m simply take this case legally inside the court, okay?
Me: Say what?
Irs2: I’m simply take this case legally inside the court. After 45 minutes, you will be arrested. Okay, you don’t have any other [unintelligible] option, okay?
Me: So, someone’s going to come to my door within 45 minutes? 
Irs2: Yes, the police officer will be coming at the place and they gonna arrest you.
Me: Wow! Okay. Well, if I get it paid, though, they won’t. I mean, when they come, I can just show ’em where I paid it on line. ’Cause I’m sure, you guys’ll give me a receipt, right? 
Irs2: It’s easier. There’s a new procedure. It’s called EFTPS. It stands for electronic federal tax payment system, okay? That is a reason you can call in a different procedure, because as the original lawsuit has been filed under your name and arrest warrant will be at you at your name. So you can use this procedure and you can resolve [unintelligible], okay?
Me: So, I go to EFTPS to pay this? 
Irs2: Yes.
Me: Will I go to Is that how it works?
Irs2: No, it’s not possible. Do you have the delivery amount in terms of cash in your hand? If not, I’m going to provide your bank account information to the federal attorney, who has been appointed by the state attorney to represent your state, so you can direct the deposit in this account. 
Me: Oh, I see. This is a separate thing. Separate from the IRS? 
Irs2: What do you mean by that?
Me: Well, I want to go through the web site when I pay this, so, I’ll do it that way.
Irs2: No problem. No problem. Thank you.
Me. Uh huh. Bye-bye.

I read on the IRS web site that, since October 2013, over 10,000 people have fallen victim to this scam and paid over $54 million.

Julie Johnson is an editor living in Marietta, Georgia. This was originally posted on Facebook on April 6.

Wednesday, January 24, 2018

Marching for Social Security and Medicare: A parable for today

A parable for today:

They marched for women's rights, but I didn't march, because I'm not a woman.

They marched for high-quality public education, but I didn't march, because my child is an adult.

They marched for Black Lives Matter, but I didn't march, because I'm not Black.

They marched for equal rights for those who are LGBTQ, but I didn't march because I'm straight.

But then they wanted to privatize my Social Security and Medicare, so I organized a march. And I thought, nobody's going to show up for my march because I didn't show up for their marches. But there they were, women and men, teenagers and adults, Blacks, Whites and even LGBTQ folks. I was pleasantly surprised. I asked one of the young marchers, "Why are you here? You're not going to get Social Security for many years." She replied, "You don't understand. We don't march just to help our situation, we march for everyone!"

(This was originally posted on my Facebook page January 24, 2017. Yes, I wrote it.)

Sunday, November 12, 2017

Most verbose Nigerian 419 message ever

Looking through my Gmail spam folder, I found this gem which I'm calling the "most verbose Nigerian 419 message ever." A Nigerian 419 scam is one where someone wants your help in moving a large amount of money from their country to the U.S. Of course, you will never see a penny of the money; you will lose money instead in paying fees to get the money to you. An alternative name for these scams is "advanced fee fraud."

Note the red flags: The person writing to you is proposing to do something illegal (and it may be illegal if you participate). Even though they are doing something illegal, they are trusting you with a large sum of money (which you could just keep and not pay them a cent). There are general descriptions instead of specific ones ("The Security Firm" Which security firm?). Finally, you have to assume that they only sent one copy of this message and not a million copies.

It is unusual with these scam emails to not have a email or phone number to respond to in the body of the message. So I sent a standard reply. The reply-to address was I will update this post if there is any further information about this. (I am humored by the participation of Gmail in this little scam.)

In replying to this, I am confirming my email address to the scammer (not recommended). They can then sell this to others who may try other schemes to separate you from your money. However, I'm not worried as Gmail has excellent spam filtering and I expect any other messages to go straight to my Spam folder.
Sun, Nov 12, 2017 at 8:01 PM EST
Dear Mr. Graham,

I read your message with interest. As a noted business person, I receive requests like yours frequently. Because of the volume of requests that I receive, I require a minimum of $30 million be involved for my participation. Your proposal falls short.


Bruce Hobbs

Here is the original message, in all its glory (including formatting, spelling and grammatical errors).

From: Danny Graham <"www.">

Date: Sat, Nov 11, 2017 at 6:42 PM EST


I am Danny Graham of HSBC Bank, United Kingdom . I am contacting you concerning a deceased customer and an investment he placed under our banks management three years ago, and 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 am contacting 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 the year 2004, the subjects matter; came to our bank to engage in business discussions. He informed us that he had a financial portfolio of Twenty Seven Million three hundred and seventy Thousand United States Dollars, which he wished to have us turn over(invest) on his behalf.

I decided to treat his case personally; I made numerous suggestions in line with my duties as the de-facto chief Intermediary Sales department of the bank, 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 favoured 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 One million United States Dollars, this margin was not the full potential of the fund but he desired low risk guaranteed returns on investments.

In November 2005, he asked that the money be liquidated because he needed to make an urgent investment requiring cash payments in Finland . Where he said, he is investing with a Firm that is building a housing estate outside Helsinki for the government of Finland . He directed that I liquidate the investment and deposit the funds with a security firm. I informed him that Custodian trust vault commission 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 a 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 Customer 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 2006.In June last year, we got a call from the security firm informing us about the inactivity of that particular po

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 Customer had not come forward to claim his deposit. I made futile efforts to locate the Customer. I immediately passed the task of locating him to the internal investigations department of Custodian trust vault commission 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 canne, in southern part of france . The body was identified and the cause of death was confirmed. The bank immediately launched an investigation into possible surviving next of kin to alert them 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

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, after investigating the last batch of names forwarded to us as possible relatives, we have come to the conclusion 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 year broadcast a request for statements of claim to Custodian trust vault commission, failing to receive viable claims they will most probably revert the deposit back to Custodian trust vault commission. This will result in the money entering the accounting system and the portfolio will be out of my hands and out of the private banking division, HSBC Bank.

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 that 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 Twenty Seven Million three hundred and seventy Thousand United states 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 Custodian trust vault commission 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 du e process. The security Firm has

They are simply awaiting instructions to release the deposit to any party that come forward. This is the situation. This bank has spent great amounts of money trying to track this man's family; they have investigated for months and have found no family. The investigation has come to an end. My proposal; I am prepared to place you in a position to instruct the security Firm to release the deposit to you as the closest surviving relative. Upon receipt of the deposit I am prepared to share the money with you. That is: I will simply nominate you as the next of kin and have them release the deposit to you and share the proceeds with you in a percentage we will arrive at taking into consideration our individual level commitment. I would have gone ahead to ask that the funds be released to me, but that would have drawn a straight line to me and my involvement in claiming the deposit. But presenting you as a relative with the right to claim the deposit as a next of kin will mask my i nvolvement and participation in d

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 myself 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 onl y risk I have here is from you re

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.

Danny Graham
First response from Mr. Graham, if that's his real name. Note that this is a fixed-width message, in contrast to the original which wasn't:

Mon, Nov 13, 2017 at 3:43 PM EST

Dear Mr. Bruce,

I received your mail and clearly understand your point. But you should
understand that money is money and no money is a waste. Its an added
advantage no matter what you get out of it. This transaction I
presented to you is over $27million and I think its a good deal for
someone like me who sees this as a golden opportunity to live a much
more comfortable life even though am a banker. I am the assigned case
officer to this deposited funds by the bank all because I facilitate
the process of the deposit with the deceased client with the
institutions he finally kept the funds for safe keeping.

It will be a great deal, if you choose to assist me in this matter and
you being a business man is an added advantage for this to be
successful after I make the presentation in your name. I am here for
business and not for jokes or any child's play.

Thanks and waiting.

Second response from Mr. Graham:

Tue, Nov 14, 2017 at 5:28 PM EST

Hello Bruce,
I communicated back to you and sent you the information required for
us to start up the process till now, nothing was heard from you and I
had already informed the bank today that I had found a kinship to the
Deposit of the Late. Ronald Manoor and authorization had been given
officially to make the presentation to the custodian trust as
presented before the bank.

Till now, am waiting to receive the details from you so as to start
the presentation and by this mail, I expect your earliest response.

My second response:

Thu, Nov 16, 2017 at 3:07 AM EST

Mr. Graham,

I'm sorry it took me so long to respond as I have been busy with other business dealings. I must have missed the information needed to start the process. Please send it to me again. I'm still uncertain of my participation, though.


Bruce Hobbs
Third response from Mr. Graham:

Thu, Nov 16, 2017 at 4:16 PM EST

Thank you Bruce. I need you to send me your details such as your names
in full , residence contact address, telephone and mobile numbers,
occupation and age, also, a brief biography of you . These details
will be used to write a letter of introduction and authorization in
your name and sent to the custodian trust and at their acceptance, all
necessary proofs needed for us to start up and move forward with
coordinating the transaction will be sent to you for the proceedings
with the custodian trust which is the agency in custody of the said

I wait earnestly for your mail.

Danny Graham.
My third and final response:

[Note that each response is being appended to all the previous email messages. So this message thread is getting longer and longer. My third response, which included another spam message that came from the same email address as Danny's first message, added even more to the length.]

Thu, Nov 16, 2017 at 9:18 PM EST

Mr. Graham,

I received the offer below recently but I just noticed it today. At $12 billion, is certainly more than $30 million. I will consider this offer instead of yours. Please let me know if you have a subsequent fund that is $30 million or more. I hope I haven't taken too much of your time.


Bruce Hobbs

Offer received recently:

Date: Mon, Nov 13, 2017 at 7:44 AM

Subject: $12,000,000,000.00 USD Payment notification from Royal Bank Of Canada (RBC).

(RBC) Royal Bank Of Canada.
1122 International Blvd. Burlington,
Ontario L7L 6Z8 Canada.
Email: (royalbankofcanada2017@yahoo. com .

$12,000,000,000.00 USD Payment notification from Royal Bank Of Canada (RBC).

Dear Beneficiary

The Board of Trustees and Management of (RBC) Royal Bank Of Canada wish to
officially inform you today that your outstanding Coca-Cola Company Winning
fund valued at the total sum of US$12,000,000,000.00 (Twelve Billion United
States Dollars) which was deposited with our bank here in Canada to your name
many years ago has been legally approved and Authorized by the European Union
committee on Foreign Payment Resolution, following with the payment release
letter we received from the Canadian Finance Ministry and Canadian Ambassador
to U.S, for onward transfer, therefore, an instruction to credit your fund
been given to this Bank by the (FRB) Federal Reserve Bank Of Scotland for
immediate release of your fund to your bank account.
Be informed that your fund transfer notification latter has been forwarded to
the Central Bank Of Canadian and to the General Director Of (I.M.F)
International Monitoring Fund Office in America for final approval, and this
because to transfer such huge amount of money we really have to notify every
offices that is concern in any International fund transfer that is moving out
of Canada just to avoid any problem when making the payment to your bank
account, but we have successfully gotten some of the fund release approval
documents from the legal department regarding this transaction.
Note that the (RBC) Royal Bank Of Canada Established in Ontario as of 1782 by
Charles III, today the bank is a member of the Canadian System of Central
Banks. It is also the national supervisor of all the banking system around
Canada, and as such any transaction made out of this bank must go successfully
into the beneficiary's bank account without any hitch, and be informed that
every documentations required in your fund transfer must be fully secured and
send to you as soon as possible for proof and file keeping before we can
However, we the Royal Bank Of Canada hereby advise you to quickly reconfirm
your full banking information to this bank before we can proceed with the
process of your fund, and this is to avoid any mistake or wrongful
and we will not be responsible for any lost of fund, so as a result of this we
now advise you to kindly get back to us with your Residential Home Address and
your complete Banking details as to enable the management of this bank
facilitate the smooth release of your fund to your account.
Upon the confirmation of your full details as instructed we will send our Bank
Attorney to proceed with securing of the necessary legal documents in your
with immediate effect, and note With the transfer arrangements in place, you
are advised to send your
Mandatory Endorsement fees which include, Fund Registration Fee Documentation &
Stamp Duty Fees and Cost of Transfer Immediately as requested by the Department
of Finance and International Remittance Department Royal Bank of Canada (RBC)
in accordance with the
stipulations and foreign transfer regulation act. The Total fees for your fund
are $55.00USD as indicated.You should be aware of the fact that your prize
money is under insurance coverage and as result of that the transfer charges
cannot be deducted from the winning sum until your prize money is transferred
to you wholesomely without tampering by any person, no charge/charges can be
withdrawn or deducted from your winning fund until the fund is transferred into
your nominated bank account.
kindly send the funds directly to our attorney in Benin, your lottery Agent
Johnson Ife to pay to usand he has to come with the money including the Power
of Attorney to our bank, pay the charges and Sign the release order and other
necessary document on your behalf. You will receive the MT55 payment
confirmation slip of your fund on your conclusions with sendingthe requested
Fund Registration Fee, Documentation & Stamp Duty Fees and Cost of Transfer
Money transfer Advice is below please...
Receiver's Name__peter onu
Republic. Country _Benin Republic
Amount: $55 US dollars
After paying the fee, send me the payment slip confirmation of the transaction
for record
Sender's name........
Sender's address.......
Sender's telephone.....
We do not accept Bank Certified Drafts, Cheques, Credits or Cover Notes in
reference to the above payment as funds below USD10, 000 are made payable via
Cash Counter Payment.
We awaiting your immediate response with your information to enable this bank
proceeds with the transfer of your approved fund and serve you better as we
were directed by the Canadian Government.
Thank you for choosing Royal Bank Of Canada.
Yours Faithfully,

David I Mckay
The President and CEO.
(RBC) Royal Bank Of Canada.
Fourth response from Mr. Graham:

Fri, Nov 17, 2017 at 1:05 AM EST

Mr. Hobbs,

You are just been naive over this issues. Who has a deal of $12billion
and how do you move the money without the government of that country
not pursuing you. Well, brother, I have nothing to say, If you can
send over my request, we would start up our transaction and conclude
within a space of days. The forwarded communication stated from Royal
Bank of CANADA is not possible and I will ask my friend who is the
head of International Funds Transfer Unit today but i advise you to
suspend further contact with the said person who claimed to have a
transaction of $12billion , if you are moving $12billion from the
bank, then, how much is the capital base of the bank? Its not possible
brother. Keep your head straight on my side and let's get our deal
started up to a conclusion.


[The Royal Bank of Canada has assets of $1.2 trillion U.S. dollars. $12 billion would be 1% of those assets.]
Fifth response from Mr. Graham:

Mon, Nov 27, 2017 at 3:47 PM EST

nothing was heard from you again bruce after my accurate findings which you neglected. Can we work out our deal?

Sixth response from Mr. Graham:

Mon, Nov 27, 2017 at 3:49 PM

Though, I have been trying to add up some other deposit within my reach which still belongs to the deceased depositor and that will likely run into $60million.

Can we get talking on the way forward to getting this done?

16 days have elapsed since the first message arrived. Is Danny going to give up now?

Updated November 28 to add more messages and other minor updates