Business loan fraud by Prateep Ponimdang
Date First Reported: October 2011
Primary Name Associated: Prateep Ponimdang
Description of Potential Fraud:
Two British Columbia lawyers lawyers have notified us that they’ve received emails from the purported Prateep Ponimdang looking to retain them with regards to a breach of a business loan agreement. This is similar to other frauds of this kind we have seen. For a full description of how this fraud works and to see other names attached to it, see our Confirmed Fraud page that deals with business load frauds.
Here is an example of the initial email:
From: Mr prateep Ponimdang [mailto:[email protected]]
Sent: October-10-11 8:14 PM
To: lawyer name
Subject: Ref: Legal inquiry
Ref: Legal inquiry
I am Mr Prateep Ponimdang from Thailand.I need the service of a lawyer to collect the money i loan to a friend who now reside in Canada.
Please let me know if this matter is within the areas of your practice.
Mr Prateep Ponimdang
A lawyer who replied got this response:
Thanks for your response .It was a personal loan which i granted to her as she needed it for her business then in Thailand, but she now reside presently in Victoria, British Columbia.
The agreement was that the loan be paid back after 27 Months and the agreed period is past and she yet to pay back the money.
So i shall need your service in collecting this money from her, since she now reside within your legal boundaries .
I have just inform her of my intention to retain your firm to collect the money from her and from her responds she seem very much afraid of litigation and she don;t want this to result to a court case. so she is assuring me that she is ready to make the payment, so i advice that all funds should be directed to your office as that is the only way i can make her pay without any further delay.
Meanwhile, she has requested that i forward her the following information below from your firm to enable her issue a part payment to show her readiness to meet her obligation while the balance will be paid soonest.
1 Name to issue the cheque :
3.Your Telephone number :
Upon receipt of the payment you shall deduct you hourly charges and any other legal fee applicable for this kind of service.Hope to hear from you ASAP with the information above so that i can forward to her and i could also send her information to you for record purpose.
Attached is copies of the loan agreement and my ID for your file.
Mr Prateep Ponimdang
How to handle a real or suspected fraud
If you have been targeted by any of these frauds, please forward any of the emails and supporting documents that you have received to [email protected]
If you suspect you are acting on a matter that might be a fraud, call LAWPRO at 1-800-410-1013 (416-598-5899). We will talk you through the common fraud scenarios we are seeing and help you spot red flags that may indicate you are being duped. This will help you ask appropriate questions of your client to determine if the matter is legitimate or not. If the matter you are acting on turns out to be a fraud and there is a potential claim, we will work with you to prevent the fraud and minimize potential claims costs.
If you have been successfully duped, please immediately notify LAWPRO as there may be a claim against you.
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Fraud Fact SheetMore fraud prevention information and resources are available on the practicePRO Fraud page, including the Fraud Fact Sheet, a handy reference for lawyers and law firm staff that describes the common frauds and the red flags that can help identify them.