It is another fraudulent rip off that targets the elderly and feeble. they send correspondence from a distribution point in China but all return payments go to a post office box in the Netherlands.
Careful wording promises cash payment without specifically telling the silly old fool recipient the millions of dollars, thus avoiding a fraud. The recipient's payment, as much as two hundred dollars, goes to register the person for a cash prize, occasionally a dollar, thus completing the transaction and skirting a fraud prosecution.
It's a small world after all
commercial banks
A cooperative guarantee fund is a financial pool established by a cooperative to help protect its members against financial losses or risks. Members contribute to the fund, which can be used to cover any member's losses or liabilities within the cooperative. It provides a form of mutual support and risk-sharing among members.
the main aim of cooperative bank is to promote financial cooperation among low income group.
S. P. Seetharaman has written: 'Financial reporting of cooperatives' -- subject(s): Accounting, Dairying, Cooperative, Gopalpura Milk Producers Cooperative, Cooperative Dairying
credit union
credit union
Purushottam Shrestha has written: 'Financial performance of Small Farmers Cooperative Limited (SFCL) in Nepal' -- subject(s): Cooperative Agriculture, Small Farmers Cooperative Limited, Statistics, Finance
The Cooperative Bank of Kenya is the third largest financial provider in Kenya with an asset base of 2.67 billion USD. It has the Swift Code of KCOOKENA.
Ellis Adolph Stokdyk has written: 'Financial structure and policies of cooperatives ; Public interest in the cooperative controversy' -- subject(s): Cooperative societies
Urban cooperative bank is a group of people who form a co operative society for mutual financial benefits & financial transactions like any financial institutions in urban towns & cities functioning under directions of the apex /central reserve bank. The profits if any are declared as dividends amongst the co operative members who enjoy certain privileges.
common problems of cooperative in the Philippines