• Report: #1149649

Complaint Review: Al Nowais Capital

  • Submitted: Mon, May 26, 2014
  • Updated: Thu, May 29, 2014

  • Reported By: Bailey — Denver Colorado
Al Nowais Capital
Internet USA

Al Nowais Capital Asia Pacific Investment Managment Al Nowais SCAM Bahrain and Hong Kong Internet

*REBUTTAL Owner of company: Let this be your last after you send the first letter to: mallamobey01@yahoo.ca

*Author of original report: Please read

*Consumer Comment: send the blank form to me please

*Author of original report: I can send you the blank forms

*General Comment: Al Nowais Capital by Bailey- Denver Colorado

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I believe to be SECRUTITIES 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 Parnters 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
E-mail: eric.wong@asiapacinvest.com  Personal e-mail address: ericwong1955@yahoo.com
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
E-mail: adi.susanto@asiapacinvest.com
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: raneem.chaoul@alnocapitalpartners.com
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
E-mail: seif.sharbatly@alnocapitalpartners.com
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
E-mail: mukhtar.elfayed@alnocapitalpartners.com
http://www.alnocapitalpartners.com


Adi Susanto
Fund Administration Officer
Asia Pacific Investment Management
Tel: +852 8191 3867 Ext: 051
Fax: +852 8191 3463
E-mail: adi.susanto@asiapacinvest.com
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: DoNotReply.WireConfirmationsNBB
Date: March 26, 2014 at 10:06:56 AM
To: <mukhtar.elfayed@alnocapitalpartners.com>
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

  1. 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

 

  1. 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   noreply@bankofdl.com  +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 is a fake. There is a download bar but money never transferes. They said it went to a corrospondant bank account to be transfered and then they ask for more money... The fact that they lie every week telling me that I will have funds in my US bank account on Monday, evey f**king week and next week never comes of course. Then the account was frozen and I have to pay taxes that, of course are refundable.

 

They tout themselves as asset management with wealthy Sadie Arabian investors. If you Google the names of the 'investors' who signed the forms 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 and want 75,000 for that one, so far.

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 they would sending out, with my money no dout.

 

Please contact me if I can assist you in any way. Bailey Campbell (((redacted)))

 


This report was posted on Ripoff Report on 05/26/2014 01:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/Al-Nowais-Capital/internet/Al-Nowais-Capital-Asia-Pacific-Investment-Managment-Al-Nowais-SCAM-Bahrain-and-Hong-Kong-1149649. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
2Author 2Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Let this be your last after you send the first letter to: mallamobey01@yahoo.ca

AUTHOR: moroon - ()

i was wondering why it was bounding ? please send it to mallamobey01@yahoo.ca as i have stated in the header also. I was the review didnt change it just so you are not able to send me the mesage. I very much appreciate every of your assistance so far in trying to assist me.

 

Thanks

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#2 Author of original report

Please read

AUTHOR: professional - ()

I tried to send the copy but it keeps bouncing back. Look, either send them money or don't. I posted a warning to help people but in the end you are responsible for making your own dicisions about your finances. I appreciate that you are doing your diligence but I know I'm never going to see my money again so I need to focus on making more so this is the end of my corrospondance. Good luck.

 

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#3 Consumer Comment

send the blank form to me please

AUTHOR: moroon - ()

please send the form and the letter you initially received on the loan offer to mallamobey01  at (yahoo) dot ca i will be happy to receive those.

 

Thanks

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#4 Author of original report

I can send you the blank forms

AUTHOR: professional - ()

 

Seif told me that he would refund my money since they can't fund and that was over three months ago. All I can say is it was one lie after another. Eric told me that he's been doing this for 15 yrs. They no longer reply to my e-mails, I'm assuming it's because they have no intention on sending any money back to me.

I may be able to send you the blank forms. There is no way for me to attache anything here so you will have to put your e-mail address here and I will send the blank forms over. 

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#5 General Comment

Al Nowais Capital by Bailey- Denver Colorado

AUTHOR: mororon - ()

Hi, i received a letter for loan offer also but i want to see what the offer Bailey received look like just to enable me determine if i need to respond or not, also i get other contacts of loan offer so i  wish to get how she was contacted or the nature of letter she got from Al Nowais Capital or if it was a different company that started the contact with her. I will be gald to get more details just to enable me avoid a rip off group also.

 

Thanks

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