Update on Jamaluddin's Fake Bank Guarantees

We've received further information and evidence from Dostaan FZE regarding the BGs that Syed Jamaluddin has been emailing his 'clients'. He usually provides these after several months of delays, failures and lies, as evidence that he is financially capable and is 'doing something' with your money.

As mentioned earlier they are from an institution named 'RSI Bank PLC'.

Dostaan FZE has sent us the following information:

"Please have a look at the addresses for RSI Bank listed on the supposed 'Bank Guarantees' and on its website.

RSI Bank's registered address is in a relatively prestigious part of London. However, the address, '124 Baker Street', is not a bank or even an office. It is just a mailing box shared with dozens if not hundreds of other 'companies', some of whom are frauds.
Here are just a few examples:

Alert from the UK Financial Standards Authority regarding a firm registered at 124 Baker Street, London

Complaints regarding a scam operation registered at 124 Baker Street, London

Lottery Fraud registered at 124 Baker Street, London

419 Scam registered at 124 Baker Street, London

So next we turned to the 'Business Place Address' of RSI Bank PLC, which is in a much less glamorous part of London - Turnpike Lane.

We tried calling the phone number on the Bank Guarantee but nobody would answer. So we went there in person. What we found at 1 Turnpike Lane, Suite #9, Chris Aria House, was an office occupied by a travel/holiday agent 'Frontline Travel and Tours'. 

When I asked the travel agent about 'RSI Bank PLC' he was aware of it, but said it had no desks or office here. He instead give me the number of someone called 'Sikander', who he said would come round from time to time.

I called this 'Sikander'. He was not interested in talking about Jamaluddin, not interested in the Bank Guarantees for 10 MILLION EUROS printed with his 'bank's' name and he eventually hung up the phone on me when I asked to meet him in person. What he did say, before he hung up the phone, was that he hadn't spoken to Jamaluddin for THREE MONTHS.

His number is +44 7904 273711, please feel free to call him yourself.

In summary, 'RSI Bank' claims to be registered and operate from the UK, but it does not exist in any meaningful form in the UK, has no offices or representatives, and seems like an operation which exists online only. The dodgy bank guarantees are just another part of Jamaluddin's elaborate scam operation to swallow advance fees and provide people the illusion that he is doing something on their behalf, until they get bored and give up and walk away. He has proven through his actions over a period of several years and with many victims that he is incapable and impotent when it comes to any genuine financial transactions.


I have sent you the video that we took inside the supposed offices of RSI Bank PLC. Please feel free to disseminate this further afield and publish it on your website."

EDIT: Please note, since the time of writing this post, frontline travel and tours have moved office, and RSI bank will probably put another fake address for their offices at some point. If you have contacts in London, feel free to get them to check out the new address for RSI bank and you will probably find a taxi service, tour operator, or drug dealer in the location.