Do you have a commercial (humanitarian effort) project that needs funding of $150+ million? Do you meet these requirements? 1. 150+ Million 2. 25%+ profit margin 3. Strong resume supporting the individual(s) doing the project 4. International projects are acceptable. 5. Projects can be Business or Real Estate Based. 6. No projects that are: Casinos, Commodity Based, Mining, Oil, Bio Diesel, Ethanol, Pornography, a Country with a Dictatorship, and or a Threat against the US. If you meet these requirements and are interested in getting more information, please send me a phone number where you can be reached in order to set up a conference call to decide if we are a good match for each other. Serious Principle Inquiries Only!
I received this invitation a couple of weeks ago. After a number of conference calls, and very many emails, I have reluctantly concluded that this is in fact a scam. I haven't got to the point of proving this, but I believe that the end result of the process will be a request for some up-front fees that will not result in any kind of funding being forthcoming. I am not 100% sure that it is a scam so I have not cited the name, telephone number and email address of the person who contacted me. There is a 0.1% chance that this is entirely genuine, but there are a number of factors that make me too suspicious to risk going forward with an application for funding.
Unfortunately I have unwittingly promoted this proposal to a number of very busy people, which has caused me significant embarrassment. I tried to find phrases from this fishing letter on the net, without success. If you receive an email like the one above (perhaps with the spelling of 'principle' corrected) then I would be interested to hear your view, especially if the invitation leads to equity funding that actually materialises.
Somehow this blog entry has managed to end up as the #1 search result for "Steve Hemingway".
