Worthless Bank Guarantees

If you push him and start demanding some proof that he's doing something, having taken your money up front, then he might provide you, after several months of lies and excuses, with a bank guarantee like the ones below. He gave these to three of his victims, based in the UAE and India. Several others received similar scanned images like these from him.

Please be aware that this 'RSI Bank PLC' doesn't actually exist. Its 'Baker Street' address in London is just a mailbox, and its 'office address' in Turnpike Lane in London simply isn't there. It seems to be another fraudulent operation, like Jamaluddin. After all, thieves work together. If you email the bank, the emails will either bounce back, or the ones that do go through will magically be forwarded to Jamaluddin, who will provide an angry response to you for querying the legitimacy of the bank below.

Ultimately, all of this is a ploy to keep you hanging on for your 'funds', which will never materialise. The plan is to make you give up and forget about the fee you paid him, or at least just accept it as a loss, so he can move on and scam someone else. The value of the money that he demands up front - usually between 15 to 35 thousand USD - is chosen because it is large enough for a worthless loser like him to make a living from, but is too small for firms to spend another 10-20 thousand USD chasing him in the German courts. He's been conducting this scam since at least 2009, from what we've seen, and has managed to evade the consequences so far.

There is no evidence that Jamaluddin has ever monetized anything in his life, but there are MANY firms around the world who've lost significant sums of money.