How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Ed Johnson Your Own Question

Ed Johnson
Ed Johnson, HR & Business Operations Consultant
Category: Finance
Satisfied Customers: 10760
Experience:  Central Michigan University, MSA Candidate; Global Compensation Operations Mngr; AA Degree Lib Arts
586644
Type Your Finance Question Here...
Ed Johnson is online now
A new question is answered every 9 seconds

I received a Affidavit from a Women in Malaysia that ...

Resolved Question:

I received a Affidavit from a Women in Malaysia that maked-me her next of kin,the Bank now wants a Anti-Terrorist clearence certificate to free from illicit acquirement, is this a prerequisite for the transfer of this fund,since the original account Holder is late.
Submitted: 6 years ago.
Category: Finance
Expert:  Ed Johnson replied 6 years ago.

Dear Juliana,

How did you meet this woman?

Did you know her before?

Customer: replied 6 years ago.
I never met this women before.Have only E-mail contact last E-mail received August 3 .
In the same E-mail that i received with the instruction of my Question says :You are therefore requested to contact our legal department trough an Independent accredited Lawyer to our Bank for the legal revalidation of the account and procurament of the Terrorist clearence certificate,that is a prerequisite for the transfer of this fund,since the original account holder is late. At says also : We hereby confirm that Mrs.Linda Gemayel has an Inheritace right to her late Husband's Fund as the next of Kin and Legitimate Wife,She has approved me to benefit the Fund in the general Trust account Number...... as the new legal beneficiary of this fund,as indicated in Her Affidavit declaration before us. Looks like Mrs.Gemayel is very sik and to weak to move around like she wrote.
Expert:  Ed Johnson replied 6 years ago.

Dear Juliana,

Let me explain why I wanted to know this information.

First of all regarding the "Pariot Act". The patriot act combined elements of the anti-terrorism and money laudering laws into a single document with additional provisions for protecting our security.

This law requires moneys transfered in by people from overseas to sing an affidavit if the money exceeds 100,000 in cash.

BUT also a form W8-BN is also supposed to be completed.

ALSO if you are recieving any inheritance or gifts (in the aggregate) of 100,000 or more from overseas, you have to report it for security reasons using the following form:

Using IRS Form 3520, Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts. You can find this form at: http://www.irs.gov/pub/irs-pdf/f3520.pdf)

NOTE: this is for security issues. The form ends up in the U.S. Treasurey Security divsion where it is investigated. There is no tax on inheritance.

NOW THEN. The problem I am having, that it is my nature to make sure you are forwarened; and the bank is aware of this, is that this is a scam.

It is a scam with one of the following three ends:

1. You have to release details of your bank account, and after you deposit the money, they will take it back along with all the money you had in your account. OR

2. They will then come back to you and ask for you to pay taxes and fees in order to have it released. (advanced fee scam). OR

3. they are going to send you forged, stolen, or counterfeit money orders, to deposit, and then you transfer money to them; then when the illegal documents are discovered, the bank comes to you for restitution, fines, penalties, and even criminal charges. The crooks are long gone by then.

Unless you knew this person personally, before the fact, such as you met them personally at a family reunion, or you met them and worked with them, or you have been friends with them "in person", not the internet and emails or phone calls, then you should not have anything to do with it.

Please report this to the following agency: http://www.ic3.gov/

Dear Juliana, THIS IS A SCAM... DO NOT BITE.

http://419.bittenus.com/MelindaGilbert/

Ed Johnson, HR & Business Operations Consultant
Category: Finance
Satisfied Customers: 10760
Experience: Central Michigan University, MSA Candidate; Global Compensation Operations Mngr; AA Degree Lib Arts
Ed Johnson and 2 other Finance Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Last | Next >
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
  • I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
  • Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
  • Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
 
 
 

Meet The Experts:

 
 
 
  • Rakhi Vasavada

    Financial and Legal Consultant

    Satisfied Customers:

    2073
    Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
< Last | Next >
  • http://ww2.justanswer.com/uploads/RA/rakhi.v/2012-7-3_14374_RakhiVasavadaL.64x64.jpeg Rakhi Vasavada's Avatar

    Rakhi Vasavada

    Financial and Legal Consultant

    Satisfied Customers:

    2073
    Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    1890
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg Megan C's Avatar

    Megan C

    Certified Public Accountant (CPA)

    Satisfied Customers:

    1755
    Licensed CPA, CFE, CMA who teaches accounting courses at Master's Level
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg JKCPA's Avatar

    JKCPA

    CPA

    Satisfied Customers:

    838
    Bachelors degree and CPA with Accounting experience.
  • http://ww2.justanswer.com/uploads/starside8/2010-2-16_55433_DSCN1175.JPG Eric's Avatar

    Eric

    Financial Manager

    Satisfied Customers:

    558
    Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.
  • http://ww2.justanswer.com/uploads/FA/fastfile/2011-12-15_23139_Klein2011small.64x64.jpg R. Klein, EA's Avatar

    R. Klein, EA

    Accountant

    Satisfied Customers:

    397
    Intuit Ask a Tax Expert. QuickBooks Certified Pro Advisor (all editions)
  • http://ww2.justanswer.com/uploads/dkaplun/2009-05-17_173121_headshot_1_2.jpg Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Attorney

    Satisfied Customers:

    324
    NASD Licensed Rep, 1997-2001, Business Attorney
 
 
 

Related Finance Questions

Chat Now With A Financial Professional
Ed Johnson
Ed Johnson
614 Satisfied Customers
Central Michigan University, MSA Candidate; Global Compensation Operations Mngr; AA Degree Lib Arts