Any one familiar with this???

[dogface]

http://www.deginvest.org/english/home/frameset_frame_back.html


DEG Invest is a leading investition company in Germany
and we are currently expanding our operations in the
United States. But because of various banking and
legal restrictions, we are unable to open commercial
bank accounts in every state. As such, DEG Invest is
recruiting partners to conduct simple banking
transactions on our behalf.

The process is simple. If you were interested in
becoming a US partner of DEG Invest, you would sign
an agreement that would make you an official financial
representative of our company, able to accept invoice
payments on our behalf. Instead of asking our
American clients to conduct complicated international
payment transactions (which are especially complex for
German companies), we have them work with our
partners to submit payments. You would then forward
the payments to us, a simple transaction for an individual.

DEG Invest pays its partners a 10% commission on
every transaction. In addition, we will take care of
any incremental tax liability you incur. Depending on
which state you are in, and of course on how good
business is, your monthly commissions could be as high
as $4,000 per month.



TSI

 

[wareagle]

THEY HELP FINANCE SOME OUR ZAMBIAN OPERATIONS IN AFRICA...JUST A BANK TRYING TO SPREAD THEIR RISK AROUND THE WORLD.

 

[dogface]

Hmmm...


Thanks for the reply bro!

SO it is legit, very interesting in terms of extra income... I will have them send me more info...

TSI

PS: Researching the web it sounded legit, just don't understand the whole purpose fo having the need to deposit invoice payemnts for their clients?

 

[Doughboy]

Are they legit in what they say?

If so, how do you join?

 

[dogface]

doughboy-

All I can say is I will let you know when I get the info to validate what the above states.

TSI

 

[Palmetto Pimp]

interesting, keep us updated???

 

[INtheBLUE]

If you are taking the payments here locally in the US and someone wanted a return of funds sent, you would be liable to make the return. Not the German Company. You would have to go after the German company yourself. Remember the law is usually on the side of the original money holder. EX:

You own a bar and take credit cards. Someone you know is selling a pool table. They come to you because the person who wants to buy it wants to pay with a credit card. You take the card get paid for it, then pay your friend the amount minus a small fee for processing fees and your time. Only problem is when the person that bought the pool table issues a charge-back (says he didn't buy it) and you say you sold a pool table out of your bar, but took the credit card over the phone and didn't get a signature. The processing company would say that you have to give the money back to the pool table buyer for 2 reasons. 1. You didn't get a signature, and 2. You weren't approved to sell pool tables, only drinks and small foods.

I have heard of companies like this before. If WAR says that he has heard of them, make sure that it is the same company and not just someone that copied all of their literature, website, and contact info.

If I were you, I would try to call this company with contact info that you obtain from separate reliable resources other than what they provide and try to verify this offer.

A legitimate company usually wont advertise for services such as these. They would research, then pick a collection service that is already equipped to handle transactions such as these.

I hope I haven't bored you with this response, but I deal with millions of dollars of liability every day. I have heard of most of the scams and how most of them do it. I hope this helps.

 

[wareagle]

let me clarify a bit. our american company has not delt with DEG. Our European division has in our work in the counrty of zambia.We souce, sell and ship cotton out of this country. they help finance us in HIV/AIDS prevention, treatment, and awareness to our employees and the families who farm cotton. here is a press release by the US embassy in Zambia on the program that they helped us with.

"Dunavant Zambia Ltd. has an HIV/AIDS workplace and outreach program that reaches over 150,000 people, including the company's own employees, cotton growers, and members of their families and communities. The program generates awareness on how to prevent the spread of HIV and how to care for those infected by the virus. The comprehensive program includes training for 3,500 community educators, 1,500 caregivers, and 200 civic leaders as part of a multi-faceted effort to roll back HIV/AIDS. Dunavant Zambia has facilitated voluntary counseling and testing for thousands of Zambians and helped hundreds to access antiretroviral therapy.

Dunavant Zambia, Ltd., is a subsidiary of privately owned Dunavant Enterprises, Inc., which has its headquarters in Memphis, Tennessee, U.S.A. It is one of the world's leading cotton merchants, handling approximately 900,000 tons of cotton lint per year.

Dunavant Enterprises has operations in Mexico, Tajikistan, Australia, Uganda, Mozambique and Zambia."

 

[MadJack]

i wouldnt fuk with it personally. if it sounds too good to be true.....

 

[ceciol]

scam---

 

[dogface]

Interesting reads, and I appreciate it. I got this via a search firm, and this company contacted them to contact me. (Interesting approach don't you think if it is a scam?)

InTheBlue- Great read and thank you for the info..

I had already contacted them for more info, we'll see what the packet says.


TSI

 

[BobbyBlueChip]

(Interesting approach don't you think if it is a scam?)

Yeah, it makes more sense that these foreign companies that figure out how to market, sell internationally would have a real problem collecting an invoice and would need the assistance of an individual that they've never met to collect their money for them and then trust them to remit it for them.

It also make a lot of sense that these Companies are making so much money on their products that they don't mind giving 10% right off the top.

Would it be so hard to "earn" a living for once?

 

[wareagle]

scam---

care to elaborate???


with all do respect this is a legitimate company. here is a 62 page report on DEG and what they do. It mentions us on page 40.

click here

 

[dogface]

Would it be so hard to "earn" a living for once?

You make me laugh, you may just be my mental midget!

Ohh wait... let me go back to my trailer, I mean lot, I mean bench at the park! Got any newspapers!


TSI

 

[INtheBLUE]

You make me laugh, you may just be my mental midget!

Ohh wait... let me go back to my trailer, I mean lot, I mean bench at the park! Got any newspapers!


TSI

I just got a new sub zero fridge. Want the box? Its big enough to make a two room condo.

 

[dogface]

Sweet, it's free I'll take it!! Apparently!!!

TSI


Can you throw in some matches, and an oily rag for warmth. I like to call that my fireplace!!!

 

[TDHEEL]

Hey man, I don't post here very often but I browse the forum from time to time. I just received something very similiar so just a heads up before you go forward this venture. The stuff I got looks very fishy to me, and although yours may be legitimate I have my doubts. I went to the website of the company below, and it doesn't look legitimate to me at all. 1) The website doesn't appear to be very professional. ie. Look at the address (Honk Kong????) 2) I went to the products link on the page. How is one supposed to order products and what products are availablle. 3) If you are supposed to order products via a catalog, how do I get the catalog?? 4) why do all these executive types use their hotmail email addresses? Why can't I use his corporate email since it is for his business. Just seems like a scam, and although this is a different company from what you are being sent, it is still along the same lines.....Not trying to tell you what to do, just don't want to see anyone get scammed. See C&P and webisite on bottom of his email.



Dear Sir/Madam,

How are you,My name is Irisho Castillo.I am 47yrs old,of Chinese
nationality,but had my education in the Uk.I am happily married with 2
lovely daughters and an adorable wife.I own a company that sells
Chinese and African textile and fabric material in Hong kong.I am
looking for a trustworthy representative in USA /Canada that can help
as a link between me and my client over there.i would like to know if
you are interested to work from home for my firm.ACTEXO TEXTILE AND
FABRICS LIMITED needs a book-keeper or representative in the states,so
I want to know if you will like to work online from home and getting
paid weekly without leaving or affecting your present job.

I presently run a textile and fabrics firmlike i mentioned above with
the head office in Hong Kong and we need someone to work for the
company as a representative/book keeper in Canada/USA.You can pls go
through my website www.actexotextile.com.

My company produces various clothing materials, batiks,assorted fabrics
and traditional costumes.We supply goods to our clients weekly in the
states and my clients make payments for our supplies every week in form
of money orders or cashiers check which are not readily cashable
outside
the US or Canada,so we need someone in the States/Canada to work as our
representative and assist us in processing the payments from our
clients and I will pay him/her a weekly wage,by percentage.

All you need to do is receive this payment from our clients in the
States or Canada and get it cashed in your bank or a cashing center
then deduct your weekly payment which is going to be 10% of any total
payment processed and forward the balance to the company down here via
money gram or western union money transfer.

Our payments will be issued out in your name and you get them cashed in
your bank,deduct your 10% of the initial capital and
forward the balance to the company by money transfer.

So all I need is to forward your information to our numerous clients in
the states or Canada and they will contact you before they issue
payment in form of money order or cheques then send it via courier or
mail to you.

If accepted I will need your full name,address and phone number so we
can forward it to our clients and they will start making payments to
you as the company representative in the states.

Kindly email me back to confirm you interest.Email me you contact
details,such as your full names,physical contact address and working
telephone numbers.As soon as i get this details from you,i will them
email you back with an employment letter which you will fill out and
mail back to me with a scanned copy of you means of identification
attached.The completed form wil be filed along your valid ID for our
records.

AS SOON AS WE CONFIRM ANY PAYMENT COMING TO YOU, I WILL LET YOU KNOW
AND I WILL GIVE YOU THE INFORMATION TO SEND FUNDS TO THE COMPANY VIA
MONEYGRAM OR WESTERN UNION MONEY TRANSFER.

NBlease kindly send your replies to my private email
address;irish_o_castillo@hotmail.com

Thanks and I await your sooner response.

Irisho Castillo
www.actexotextile.com
contact phone:+44-704-012-9469

 

[INtheBLUE]

who buys anything with money orders and cashiers checks?

That is so obviously a scam, must be the new trend scam that will circulate heavily for a while, dupe some people, then go away.

Dogface, I hope this answers your questions as to what the validity of your offer was.

http://www.fraud.org/tips/telemarketing/workathome.htm

 

[INtheBLUE]

Dogface,

This is from the Federal trade commission about top 12 frauds out there. I'll post the link and then post the paragraphs that apply to you.

http://www.ftc.gov/bcp/conline/pubs/alerts/doznalrt.htm

FTC Names Its Dirty Dozen: 12 Scams Most Likely to Arrive Via Bulk Email

6. Effortless income

The trendiest get-rich-quick schemes offer unlimited profits exchanging money on world currency markets; newsletters describing a variety of easy-money opportunities; the perfect sales letter; and the secret to making $4,000 in one day.

The scam: If these systems worked, wouldn't everyone be using them? The thought of easy money may be appealing, but success generally requires hard work.