Business loan scam by Mary Jacob Sanitra
Date First Reported: November 2011
Primary Name Associated: Mary Jacob Sanitra
Description of Potential Fraud:
Three Ontario lawyers have notified us that they’ve received emails from the purported Mary Jacob Sanitra 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 email:
From: Sanitra Mary Jacob [mailto:[email protected]]
Sent: Sunday, November 27, 2011 11:56 AM
To: lawyer name
Subject: LEGAL AID
Please get back to me if your firm is in a position to litigate the issue of breach of loan agreement.
Sanitra Mary Jacob
Flat 10, 12/F, Acacia Building
150 Kennedy Road
PEOPLE’S REPUBLIC OF CHINA
A lawyer who replied got this response:
Thank you for your response, I am sorry for the slight delay, I am in Hong Kong to see my sick mum and take better care of her, my direct line 85228682272. Below is the name of the borrower and please do open communication with him:
Mr. JONATHAN SANTOS
email: [email protected]
The Borrower is someone I have known for a few years and we have done business in the past without any issues. He has only paid $30,000 out of a total ($380,000), the balance is still outstanding till this day. I am in constant contact with him via email though he never told me of his sudden relocation to Canada and even though he has promised to pay the balance, I think the threat or possibility of litigation would serve as a catalyst to make him pay sooner rather than later as same method was applied by a business colleague whom he also owed some money.
I am prepared to give 5% of the total sum better still you can negotiate with me on the percentage. As the collection costs for this service and I will plead with you to get me an engagement letter as soon as possible (if same applies to your judicial system) from your firm. I anticipate this to be a non-litigation collection from the borrower but I am prepared to litigate this matter if JONATHAN SANTOS is not ready to pay the balance owed on the loan agreement.
I have attached to this mail a scan copy version of the loan agreement promissory note for your perusal. Please send me the engagement or agreement letter so that we can proceed with this issue with JONATHAN SANTOS. I want to also let you know that as a owner of a small business, this loan that I gave to JONATHAN SANTOS has caused considerable strain on my operational capital as I am indebted to four individuals in China and Japan as well and they are also threatening to sue on my property if I don’t pay up before the middle of December
PLS SEE ATTACHED DOCUMENT FOR YOUR PERUSAL
Sanitra Mary Jacob
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.