Complaint Review: aldopietroferrari

The following an example of the IIWL Scam in the UK

URGENT WARNING – EUROPE-WIDE SCAM 2009 HOME –
 
THE SCAM   I was introduced last year to a group of people who claimed to represent a large group of very wealthy investors who were generating cash from all sorts of collections, and were looking to invest whatever sum it would appear someone required on favorable terms. I was going to be a new venture as they had been investing in infrastructure projects all over Europe and they had a big project in Greece, i.e. a hospital, and further infrastructure funds for Romania where they were building many roads on behalf of the Government. Because they were generating extra funds, they were now looking to put extra funds into small business and this time last year I was desperate to raise funds to keep control of a football league club that myself and a group of friends were controlling. I met people in London where they explained how the scheme worked.

I then had to travel out to Parma in Italy where I visited Dr. Ferrari premises and I met his assistant Francesco. The offices seemed to be permanent, consisting of Boardrooms and it appeared to be very busy. After some presentations and discussions I struck a deal which involved me placing a 47,000 Euro deposit which was for the purpose of paying the taxes on the loan agreement that was to be made. I was also told about this with great enthusiasm by the agent of Mr. Ferrari, Ms. Adelina Pinho. Dr. Ferrari does not speak English and she acted as his agent and acted as an interpreter and with great enthusiasm she informed I would have my funds within 10 days of the meeting.

At the time I was extremely skeptical as to how the process as to how the process worked but the continuous process overcame my fears and I was told how other people received their funds. I returned to England, did not proceed with a commercial mortgage I had negotiated because of this new opportunity, which was later to cost me a great deal of money as by the time I realized that this was a scam. The Bank that I was using turned out to be one of the biggest losers in the credit crunch that was to unfold, and were unable to do the terms that they were originally offering me. I then over the next two months tried to raise funds through another Bank and was unsuccessful and was unable to keep one of my businesses going. The total crystallized cost to me was over British Pound 500,000 and I put the blame on this fraud. During the reminder of the year many explanations for delays were made.

The most embarrassing thing was I had to go and see my Bank and ask them to write a letter to accept the funds. The funds were supposed to be available from a London Bank account and therefore my Bank  could not see any problem with this as I believe that any funds that are based in a major London Bank could not be funds that carried any risk and in particular money laundering risks. Over the summer an explanation was given to me as to why there had been a delay and of course I had paid over my money and could not do anything other than wait.  I was at all times hoping that this money would come through. Other business colleagues of mine were asked by these people to be recommended  to them for further loans even though I had not received my loan, and however many times I told them this would not be possible unless I received  my loan first, they kept insisting on introductions. I did this but warned my colleagues that I had not received any funds and eventually these people became aware that I could not introduce them to anymore people. When they realized this they became more and more elusive and although I complied with every one of their requests so the loan could be made, which resulted in a further trip to Parma, Milan and Porto, no funds have come through.

Adelina Pinho  is Portuguese and based in Porto. She has family there and during the year she would often speak of them and I believe this part of it to be true. During the year I was also asked to arrange for a group of children to visit one of the football league clubs for training which I organized for them. Again all these reasons helped me believe that this was a proper business transaction which had hit problems. However, no funds have been forthcoming and on 13th January it will be one year from the day I first visited Parma to get this loan in place. During the year the hope for this money has affected my business judgment into how I should organize my finances. Even as I write this memorandum I am not absolutely certain it is not real, that is how good this fraud is.

I will include on the pages that follow copies of the agreement that I made which is in Italian but can be translated write easily using the internet facilities, so it may help someone else recognize this scam if they could. If anyone has also been duped but is too embarrassed, as I am, also contact me. I can only say to you that the money that I lost I could not afford to lose, but the delays that this hoping has caused in my business life are infinite to the damage it has done. I will not use my name on the site. I will be contactable through the website and would happily discuss with anyone who may have also been duped in this way on what we can all do about it.

The following is an example of the IIWL Scam in Romania

FRAUD WARNING!!! PLEASE PAY GREAT ATTENTION TO THE FOLLOWING WARNING

(Translated from the original Romanian as posted in the Romanian public category called Anunta-Ma Romania and on the website www.reclamatiifirme.ro.)

SC Domino Trading Holding LLC, J40/1775/1992, Ontario, led by Adrian BALANESCU and VIVARELLI LAURO (Italian citizen) SC Propeople Construct & Consulting LLC, J40/13066/2008, led by PARTOU NICOLAE GHEORGE (GIGI) International World Investment Loans, Italy, led by ALDO PIETRO FERRARI, details about the company and its president can be found on: www.iiwl.eu

The following people, ADRIAN BALANESCU (AB), LAURO VIVARELLI and  PARTOU NICOLAE GHEORGE (GIGI) are employees of ALDO PIETRO FERRARI (APF) and active in Romania, promising million worth external loans on very competitive terms for a small fee at the moment of signing the contract and a fee of 2.5% of the loan obtained after receiving it. The commission for the contract signing service offered AB, LV. and PGN in the country was Euro 2500/person. They claimed that money to cover travel costs from the IIWL headquarters in Parma, Italy.

Once you gets there with the three of them (AB, MF, PGN) you are presented to the company President ALDO PIETRO FERRARI who request that you present your company and business plan you have with you and that you want to finance. The president, then, signs a contract with you and approves the loan within a few hours. Upon signing the loan contract you must pay a fee up to Euro 18,000 + VAT. A short time later you will visit President APF who will promise you that the desired loan will be paid within a few weeks, just the time needed to prepare some documents and to make a few trips to Bucharest, but this of course will never happen.

There are at least 16 companies in the country hit by this fraud. AB, LV, PGN made additional trips to Bucharest to some of them, promising that the president was on its way to release the payments. All this masquerade and deception is very well organized up to the very last detail. The stay in Italy is well-arranged and upon returning to Romania, after I signed the contract, I was summoned by the three employees and we all went to the NATIONAL BANK OF ROMANIA to register our credit cards and to get permission to receive this loan from foreign credits.

Be very careful because they are extremely well-prepared and answered all questions. There are companies and individuals in the country which you would never have said they could end up in that scam place or being cheated so grossly.  I made this short presentation because my company signed a contract with this b*****d and we couldn’t do anything because they are very well organized and nothing can be done legally.

I hope this message will reach those who bump into these fraudsters so that you won’t trust what they tell you because it is a masquerade and a deception to take these commissions. They only appear to be part of the loan that you should receive from a lending company in Italy.

NOTE: Be careful about the behavior of ADRIAN BALANESCU, LAURO VIVARELLI, PARTU NICOLAE GHEORGE and ALDO PIETRO FERRARI because companies will change in time and visit the Italian company site promising loans, so that you know who you are dealing with. For security reasons I will not disclose any names or company names. I hope in time to be successful. Bucharest, Bucharest Area Price: USD 130,000.00 Notice published on January 10, 2010