ACS Worldwide Lending LTD. ACS Worldwide. William Erasmus. Xerox Pretending to be Xerox London

After several phone calls with William Erasmus, we received this e-mail full of grammatical mistakes.  In the phone calls, he claimed there was no upfront fee, but now he is asking for "bank fees" upfront.

Congratulation your Loan have been Approved by the Board Of Directors of the loan company .

In regards to your agreement to the Loan Terms,  i would like you to know that after the processing of your loan, the Board Of Directors of the loan company has approved the loan funds for the applicant with approval's details  In your mail you stated that you needed this loan urgently i want you to know that i am doing every thing possible to make sure that you get this loan as soon as possible. ,  And also I Do Guarantee you that in this Transaction, There will not be any Fraud Activates or any kind of Cheating  on it. I want you to know that your loan amount of $1,000,000.00 have been  approved for transfer....  Also i want you will be responsible for the LAF (Loan Application Fees)which is a fee for every borrower to pay who requires the services of the bank to transfer their funds to them as the banks over here are been paid for services rendered to clients.
 
We don't charge "upfront fees". The only fee you pay is your fee which is the LAF. This helps the money to your Reflect in your country for pick up . This is because our loans we give out don't need Collateral because of our large security base( bank) and our support from the AIICO monetary security in CA.  And for the loan amount of $1,000,000.00 to be transferred to  you, if you can remit this charges for the transfer of your loan amount into your account the funds will be transferred to you with no further delay and  it will only take 48hours for  the funds to reflect in your  COUNTRY FOR PICKUP  after effect of transfer by my bank once the cost of transfer is remitted by you. Try and make this payment as soon as you can so that you can have the funds transferred into your COUNTRY FOR PICK UP.
 
According to the Law Enforcement Code(2011/wxsaa/LICX.REG774) that is bound in this transaction,  The LAF  (Loan Application Fees) is the only fee which you are to send before getting your loan funds transfer to you. LAF  (Loan Application Fees) covers the following
 
{1}. Cost of Transfer (C.O.T) ......$50.00
{2} Insurances Of The Loan.........$7,800.00
{3} Registrations Of Your Loan ...$100.00

Total Amount for the LAF ...........$7,950.00
 
  I await your swift response to this mail stating when you will be able to remit this payment so that we can effect the transfer of your funds into your country.

Note: That your loan is protected by a hardcover insurance policy on your loan by the Banking Authority, which makes it impossible to deduct any amount from the money before it has been remitted to you.  This means that the above charges cannot be deducted from the loan, Once again we are sorry for any inconveniences this might caused you.Please note and get back to us and respond if any problem any where  Kindly get back as we await your swift reply to this mail so we can start processing immediately.  Your swift response to this mail will be highly appreciated.
 
Response needed ASAP

 

Best Regards
Mr William Erasmus
Executive Vice President,
Loan Review Group,
at Acs Worldwide Lending Limited   
Tell: +44 203 290 6174
Website: http://www.acsworldwideltd.com

 

"AIICO monetary security"
http://www.justanswer.com/canada-law/5c5v9-inquirering-company-called-aiico-insurance-delivery.html

Verbatim language which is in serious need of editing:
https://www.scamwarners.com/forum/viewtopic.php?f=35&p=246678 

http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=32898982
Acs Worldwide Lending Limited operates as a subsidiary of Xerox Xerox Corporation   

If they were a real organization, the text would be grammatically correct and the name would have been correct.

They promised no upfront fees and that is exactly what they are asking for.

If they were really lending on someone's credit, they would have had that party right and asked for much more information.

I am reporting this to Ripoff Reports to save the next person some time.  This is the first place we went.