OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
Al Nowais and Asia Pacific Investment Management Scam and Fraud
scammed
Posted: Friday, June 6, 2014
Joined: 6/6/2014
Posts: 1


 SECURITIES FRAUD, LOAN FRAUD, WIRE FRAUD and DOCUMENTATION FRAUD. 

I was sent an e-mail advertising a loan so I sent in my project by Al Nowais Capital Partners 973-1619 5088 ext 222, I received an e-mail on 4-2-14 with the application. It looked like a normal loan packet for this type of deal. This was for debt and equity. They sent me an e-mail asking me to send 800.00 to their attorney in London for a background check. I said no because I couldn't find the address. They contacted me a few months later telling me that they liked the project and were waving the background check. They sent me the closing docs which included stock in their company (3-3-14) which was monetized to fetch a low LTV, then they asked for an Insurance Bond, kind of like mortgage insurance. They sent the invoice 60,200.77 (3-25-14). I argued that they said they would not charge any fees so they offered to split that with me. I asked for a copy of their wire and they sent it to me so I sent in my half (wire confirmation from their bank included here). They kept telling me that we would close but they were having technical issues. Then they went from Asia Pacific Investment Management Adi Susanto and Eric Wong 852-8191-3867 Eric Wong's cell phone is 852-8190-5184 you can tell the other number is voice over internet or skype. The cell phone is a real line. 
Eric Wong
Chief Investment Officer
Asia Pacific Investment Management
Tel: +852 8191 3867 Ext: 019 cell: 852-8190-5184
Fax: +852 8191 3463 (all e-mail are first name. last name and the at symbol and the name of the company. CL won't allow e addresses)

Web: www.asiapacinvest.com
27B Nathan Road Kowloon, Hong Kong

Adi Susanto
Fund Administration Officer
Asia Pacific Investment Management
Tel: +852 8191 3867 Ext: 051 and +85281905184
Fax: +852 8191 3463

Web: www.asiapacinvest.com
27B Nathan Road Kowloon, Hong Kong
MS RANEEM CHAOUL (PH.D)
(Chief Corporate Communication Officer)
Al Nowais Capital Partners
Phone : :+973 1619 5088 ext: 237
Fax: :+973 1619 5088
E-mail: 
http://www.alnocapitalpartners.com

SEIF M. SHARBATLY
(Chief Investment Strategy Officer)
Al Nowais Capital Partners
Phone : :+973 1619 5088 ext: 222
Fax: :+973 1619 5088

http://www.alnocapitalpartners.com
Nasif Bldg, Blk C Road 227, Manama
Kingdom of Bahrain
MUKHTAR EL FAYED. (the real person is AL FAYED, this is a look alike)
(Founder, Chief Executive Director at Al Nowais Capital Partners)
Al Nowais Capital Partners
Phone : :+973 1619 5088 ext: 211
Fax: :+973 1619 5088

http://www.alnocapitalpartners.com

Adi Susanto
Fund Administration Officer
Asia Pacific Investment Management
Tel: +852 8191 3867 Ext: 051
Fax: +852 8191 3463

Web: www.asiapacinvest com
27B Nathan Road Kowloon, Hong Kong
I sent the wire four times to different banks, banks won't accept wires with bad wire information and we thought that's what it was according to the reasons my bank (wells fargo) gave me. 
Their Banking Information (6 Bank Accounts)
1. The first wire was to 3-28-2014 to swift code: HSBCMOMX Hongkong and Shanghai Banking Corpo,to Sharp Control Limited account 001426048152 It came back. 
2. The second one was on 4-1-14 swift code: HSBCHKHHHKH to Hongkong and Shanghai Banking Corpo to Neli INT> Limited account # 652336637838, it came back so I sent it again without the reference number they told me to use, according to their bank that was the problem. It came back a third time, that one was done on 4-3-14. 
3. The last one did go through on 4-9-14 to Fasty Corporation Limited account# 363518895883 swift code: HASEHKHH to Hang Seng Bank Limited. All these banks are in Hong Kong. I then was strung along by Asia pacific Investmenr Management for three weeks so they moved my closing to the THE BANK OF DALIAN HEDGE FUNDS. 
4. The information for the wire that Al Nowais supposedly sent to Sharp Control for their half of the payment of the Performance Bond: 

From: 
Date: March 26, 2014 at 10:06:56 AM
To: < >
Subject: NBB Debit Wire Confirmation #secure# 2017030700004946


Treasury Management Client Support
700-794-8159 (option 1, then option 1)
________________________________________
DEBIT CONFIRMATION
________________________________________
Transaction Reference Number: 2017030700004946
Value Date: 26/03/2014
Account Number: 0000152906935
Account Name: AL NOWAIS CAPITAL PARTNERS
Reference Number:
Transaction Posting Time: 2014/03/26 10:04:17

________________________________________

Amount: 30,100.39 Currency: US DOLLAR
________________________________________

Debit Party Information: D/0000152906935/
AL NOWAIS CAPITAL PARTNERS
NASIF BUILDING, BLOCK C ROAD 227
KINGDOM OF BAHRAIN
Sending Bank Information: B/2060718C
NBB BAHRAIN
NB36779
I-20140307-47
Sender's Reference: 2074000000054419
Originating Party Information: /0000152906935
AL NOWAIS CAPITAL PARTNERS
NASIF BUILDING, BLOCK C ROAD 227
KINGDOM OF BAHRAIN
Bank to Bank Information: /REC/BWPBD
Credit Party Information: NBB/107:5121601118772/



Beneficiary Bank Information: S/ HSBCMOMXXX
HSBC LIMITED
639 AVENIDA DA PRAIA GRAND MACAU

Originator to Beneficiary Information: /363520321883
SHARP CONTROL LIMITED
7/F, CAMBRIDGE HOUSE, 979 KING'S ROAD
QUARRY BAY HONG KONG
5. This is the last bank account I have. It was sent to me for the second project I submitted.

BANK NAME: HANG SENG BANK LTD
BANK ADDRESS: 83, DES VOEUX ROAD, CENTRAL HONG KONG
BANK SWIFT CODE: HASEHKHH
ACCOUNT NUMBER: 364-336016-883
ACCOUNT NAME: DICOM INT LIMITED
FPIB AMOUNT: $75,785.00 USD
REFERENCE: WEST TEXAS PERMIAN BASIN

6. Bank Name: HANGSENG BANK LTD
Bank Address: 83 DES VOEUX ROAD, CENTRAL HONG KONG
SWIFT CODE: HASEHKHH
BENEFICIARY: IMOTOPRO GLOBAL LIMITED
ACCOUNT NO: 364-314005-883 (This is the final bank to receive funds and they receive the largest amounts)
I followed the instructions and a download bar indicated that the transaction was successful but never funded to my bank here. I called and they told me they would investigate. The next day I received a letter stating that the correspondent bank froze the funds and I need to fill out paperwork and pay a tax of 198,768.82 I told them I didn't have it and reminded Seif at Al Nowais Capital Partners that they said there would be no more fees, again they offered to pay half which is what worked for them on the bond. I realize at this point that it may be a scam and a very elaborate scam. It's too bad their efforts were not real as they would have been very good had they had real investors.
They have an inside man at the Bank of Dalian: MR. Chao Xing Dewei +86 755 8624 3858 The .com is relevant to the bank but the instructions for MY account is a .SS 
The ESCROW ACCOUNT assigned to me but it was a fake download, they only sent me a letter asking for more money

They tout themselves as asset management with wealthy Sadie Arabian investors. If you Google the names of the 'investors' who signed the forms (included) you will see that they are look a likes. They have slight spelling discrepancies and are probably not those real people.
There is another project I sent in that they approved also. I am going to try to use that as leverage to get my money back. Please help if you can, it's much appreciated. 
I get lots of these offers but the documentation they sent and required for the loan seamed very legit. They say they are sending a CPA and Attorney out to me on 5-28-14. I don't know, maybe they have someone in the states. There was a second project that I sent to them and I now have been sent an invoice for over 75k. 
Please contact me if I can assist you in any way.

 

Jump to different Forum... 

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.