SCAM ALERT: cash buyer from out-of-area/country even provides "passport" and "proof of funds"

By
Real Estate Agent with Alain Pinel BRE 01367196
http://actvra.in/gwG

SCAM ALERT! Received inquiry about one of my listings.  But red flags were popping up all over the place.

When I researched the name, I was led to this site about scammers http://www.419scam.org/419people.htm

RED FLAGS:

  • CASH but needs 30 days to close?
  • Out of country
  • Email communications
  • Viewed and accessed the property previously, but not using an agent?
  • Japanese name, but talks about Chinese tradition
  • Provided "passport" and "proof of funds".
  • Address provided is for a property advertised for rent

Here's the communique

I and my wife have viewed and accessed the property properly located at 1533 Morton Street, Alameda CA 94501 and have also estimated $10,000.00USD as the earnest money deposit. Please you have to proceed in preparing a purchase contract agreement on the property listed above and I would appreciate it if you could forward the purchase contract agreement to me in a docusign format once the preparation is completed and as I have stated previously I will be in your city in 4 weeks time from now.

My current address is: 2000 Sheppard Ave. Toronto ON, M3N 2J1 and there will be no other additional name on the purchase contract please note my full name are: FUKUHARA KAZUHIKO. I am relocating to state permanently and regarding the closing date i will deffinately be there in person before on the 26th of June 2010 because i have also placed an order in Chinese home style furniture, Chinese style home entertainment, Chinese home decoration and Chinese kitchen appliance in China.
 
I love my tradition and I want my home to look like little China mansion.  
 
Please take note 30 days will be sufficient for the closing so please kindly prepare the purchase contract agreement in docusign format so that i can sign and initial them electronically.
 
Attached is a scan copy of my international passport and ID including statement of account copy as proof of funds for the transaction.
 
Please note the property is going to be cash buy, and i have already discuss with my stock broker  regarding the purchase and the initial deposit(EARNEST MONEY). Please below are the information my stock broker need to issue out the earnest money:
 
Contact Name:
Check Payeable To:
Contact Address/ Physical Address: 
Phone Number:
 
Once again thank you very much for your attention and assistance regarding my distance purchase. I await the purchase contract agreement in docusign format including the ESCROW COMPANY informations to enable my stock broker issue the payment out as soon as possible.
 gards.
 
Mr. Fukuhara Kazuhiko
0034634035049
fukuhiko@asia.com

 

These guye are getting very good --- they even knew the key words like DocuSign

WATCH OUT!

If it's too good to be true, it is!

close

Re-Bloggged 6 times:

Re-Blogged By Re-Blogged At
  1. Maria Morton 06/01/2010 04:23 AM
  2. Dick and Dixie Sells 06/01/2010 06:08 AM
  3. Mesa, Arizona Real Estate Mesa Arizona Realtor 06/01/2010 12:04 PM
  4. Marzena Melby 06/09/2010 07:02 AM
  5. June Stark 06/11/2010 08:38 PM
  6. Vesna Kanacki 06/28/2010 02:14 PM
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Topic:
ActiveRain Community
Location:
California Alameda County Alameda
Groups:
Dedicated Bloggers
Diary of a Realtor
Realtors®
The Vent
"Whacked"!!!
Tags:
scam alert
real estate scam
fukuhara kazuhiko
419scam
fight scam
real estate fraud
scam real estate
cash buyer scam

Comments 32 New Comment

Rainmaker
657,393
Pacita Dimacali
Alameda/Contra Costa Counties CA
Alain Pinel

Had to write up another blog referring to this post. Apparently, it's still going on, and it seems to have intensified the last few weeks. I've received so many emails and phone calls from people who said they encountered this cash buyer.

The latest?The buyer wanted the agent to engage agent's own lawyer for the process. And then what? Who ends up paying the lawyer fees?

February 25, 2011 07:15 PM
Rainmaker
104,599
Isabella Scott
www.isabellascott.com
Coldwell Banker Residential Real Estate

Looks like the scam is still going around in March 2011!!     I had an email from Shiukmoda Joji, he was in Japan right now but wanted to find a retirement property.   I sent him some searches and he responded this morning that he liked one and wanted to make an offer.  It sounded weird that he wanted to do this deal before seeing it and he wasn't going to be here.  He just sent me another email with the same wording but different property and mls number.  That was really strange so I googled the attorney name Eric Thompson and found your post.  I'm stopping right now!  Thanks for the info!

March 09, 2011 03:59 PM
Rainmaker
255,686
Greg Steffens
Mountain Country Realty

Still going on in April 2011!  I received email from Qi Lee (and wife Sue Lee).  They provided me with the EXACT bank statement shown in your post (just with names, address and dates changed).  I never, however, received a check or any sort of funds.  I still can't figure out how they planned to pull this off.  Lame!!!

May 09, 2011 02:00 PM
Rainer
225
Dan Berube
PensacolaInformation.com Realty LLC

Has anyone heard from her ... see below

Hello,  
I am Yokus Pan from Japan.  I will be relocating to the United States with my family very soon after my retirement, and I intend buying a home before I come over.   I will like you to send me a listing of properties with 4 bedrooms and 4 bathrooms within the price range of $500,000.00 to $1,200,000.00 with a nice view and garage, in a nice neighborhood in your city and state.  Communication via email will be better as my spoken English is very poor.Contact me on yokuspan11@yahoo.co.uk.  Waiting to hear from you. 
Regards,
Yokus Pan

and her answer

Dear Dan,,
 
I am in receipt in receipt of your email. After a careful study of the listings, please note that I am intrested in buying property with MLS #:411467 and I
intend paying $900,000 cash for it. Do let me know about all I need to know about the house, to enable us finalise things.
 
I await your email.
 
Regards,
Yokus

October 03, 2011 12:09 PM
Rainmaker
657,393
Pacita Dimacali
Alameda/Contra Costa Counties CA
Alain Pinel

Dan ---

Yokus Pan from Japan, but her email address is from England.

Interested in buying a house sight unseen, at this price.

Sounds like the same scenario as previously described scams...they may have changed the play since the previous one was exposed.

Beware!

October 03, 2011 02:48 PM
Rainmaker
657,393

Pacita Dimacali

Alameda/Contra Costa Counties CA
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