Suitably Flip

You Too Can Be a Rogue Trader

Here's an intriguing twist on the Nigerian 419 scam.

Jérôme Kerviel, the French trader whose unauthorized positions cost Société Générale more than $7 billion earlier this year, is looking for a way to recover some $32.5 million in insurance payments related to his ill-fated trades and he needs your help to facilitate the transaction.

Cha-ching!

From: Jerome Kerviel
17 Cours Valmy 92987
Paris-La Dйfense

My name is JEROME KERVIEL, a ROGUE TRADER in charge of VANILLA FUTURES HEDGING FOR EUROPEAN EQUITY MARKETS with Societe Generale Bank Paris France.  I got your contact through cross border business information centre situated here in Paris and picked interest on you after going through your profile for a mutual benefit.

I don’t know if you have been conversant with invents lately as regards to my case with my bank (Societe Generale), if you are unaware, please point your cursor on the following CNN associate we-blink to be better briefed.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/24/bcnsocgen624.xml 

From the above, you will understand that I was accused of loosing 7.1 Billion Dollars while serving my bank.

The truth of the matter is that I was used as an escape goat to cover my superiors who happens to be the master minders over the deal, Our bank Societe Generale has an insurance premium worth three times the sum reported to be lost, with French National Insurance Commission and they sees no other way of claiming the sum to favour the bank financially other than using me to cover the plot. The deal was successful following a reward of USD 32,500,000:00 (Thirty Two Million, Five Hundred Thousand United States Dollars) to me.

The above sum was successfully secured into a security/finance company here in France according to my superior’s directives, but I do not have an international contact to assist me in accommodating the funds until I am able to file in my resignation and contact you back to take my share.

So I write to seek  your assistance to accommodate and invest the sum as stated above for me  temporarily while I prepare to take my resignation in the near future. I have been warned by my superiors not to lodge the said sum into an account that will bear my name as that will jeopardize the whole transaction and possibly expose all.

If you are interested please provide me with the following in return mail:

YOUR NAME IN FULL
YOUR OFFICE OR RESIDENTIAL ADDRESS
TEL AND FAX NUMBER

As soon as I hear from you, further details regarding the transaction will be unveiled to you.

I look forward for your urgent response.

You've got to give the scammers credit.  This is a bit more creative than the typical widow-of-the-embezzling-ambassador or heiress-to-the-O-Henry-candy-bar-fortune back stories that usually accompany advance fee fraud schemes.

The helpful "we-blink" takes you to a genuine Telegraph article that confirms most of the details.  And the fact that Kerviel is French explains away the amusingly broken English.

"Escape goat" is a particularly enjoyable mental image.

Comments

You Too Can Be a Rogue Trader

Here's an intriguing twist on the Nigerian 419 scam.

Jérôme Kerviel, the French trader whose unauthorized positions cost Société Générale more than $7 billion earlier this year, is looking for a way to recover some $32.5 million in insurance payments related to his ill-fated trades and he needs your help to facilitate the transaction.

Cha-ching!

From: Jerome Kerviel
17 Cours Valmy 92987
Paris-La Dйfense

My name is JEROME KERVIEL, a ROGUE TRADER in charge of VANILLA FUTURES HEDGING FOR EUROPEAN EQUITY MARKETS with Societe Generale Bank Paris France.  I got your contact through cross border business information centre situated here in Paris and picked interest on you after going through your profile for a mutual benefit.

I don’t know if you have been conversant with invents lately as regards to my case with my bank (Societe Generale), if you are unaware, please point your cursor on the following CNN associate we-blink to be better briefed.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/24/bcnsocgen624.xml 

From the above, you will understand that I was accused of loosing 7.1 Billion Dollars while serving my bank.

The truth of the matter is that I was used as an escape goat to cover my superiors who happens to be the master minders over the deal, Our bank Societe Generale has an insurance premium worth three times the sum reported to be lost, with French National Insurance Commission and they sees no other way of claiming the sum to favour the bank financially other than using me to cover the plot. The deal was successful following a reward of USD 32,500,000:00 (Thirty Two Million, Five Hundred Thousand United States Dollars) to me.

The above sum was successfully secured into a security/finance company here in France according to my superior’s directives, but I do not have an international contact to assist me in accommodating the funds until I am able to file in my resignation and contact you back to take my share.

So I write to seek  your assistance to accommodate and invest the sum as stated above for me  temporarily while I prepare to take my resignation in the near future. I have been warned by my superiors not to lodge the said sum into an account that will bear my name as that will jeopardize the whole transaction and possibly expose all.

If you are interested please provide me with the following in return mail:

YOUR NAME IN FULL
YOUR OFFICE OR RESIDENTIAL ADDRESS
TEL AND FAX NUMBER

As soon as I hear from you, further details regarding the transaction will be unveiled to you.

I look forward for your urgent response.

You've got to give the scammers credit.  This is a bit more creative than the typical widow-of-the-embezzling-ambassador or heiress-to-the-O-Henry-candy-bar-fortune back stories that usually accompany advance fee fraud schemes.

The helpful "we-blink" takes you to a genuine Telegraph article that confirms most of the details.  And the fact that Kerviel is French explains away the amusingly broken English.

"Escape goat" is a particularly enjoyable mental image.