Bureau of Fair Contracts is a Scam

Scam Alert

Bureau of Fair Contracts is a Scam

Bureau of Fair Contracts is a Scam 300 233 Safe or Scam Support

The Bureau of Fair Contracts is a scam. The BOFC is running a follow-on-fraud targeting the victims of the European Property Coin scam. It is highly likely that victims of other scams will be approached by the same people.

A follow-on-fraud occurs where scam victims are contacted by a company claiming to be holding money from the sale of the investments.  All the victim needs to do in order to release the money is to make a payment.

Typically investors are contacted by a company which claims to be working with the Bureau of Fair Contracts.  Scammers have realised that investors are getting wise to their follow-on-frauds so they have added a second layer and even a third layer to the fraud. That’s where the fake Bureau of Fair Contracts comes in.

One of the intended victims of this scam asked for proof of the identity of the director of the company. He was sent this passport copy which is allegedly that of [NAME REDACTED].

The most bizarre series of events then occurred. We originally posted this passport image in full but we were contacted two days later by the family of this man who informed us that the passport was that of their father and that he was not well.  He has an illness which is well known and affects many people as they get older.

We believe this too be true and that the man concerned was not aware of his actions. He had been tricked into paying money to these scammers and had sent them a copy of his passport when they requested it. The man concerned has been knighted in the UK so genuinely has “Sir” as his title instead of “Mr”. He does not remember much about this event although it only took place a few weeks ago. Scammers are heartless, shameful people.  We have now removed the identifying parts of the passport except for the passport number. If anyone receives any passport copy with this number they will know it is a scam. The family have now cancelled the passport but that will not stop the scammers from using it.

Bureau of Fair Contracts_fake Passport ID3

If you would like to read the letter sent out by the BOFC it is here on this link. Client details have been removed by us to protect the client’s identity. Bureau of Fair Contracts_Letter_Redacted

The BOFC website was registered on 3rd October 2019 i.e three weeks ago. This is a clear indication that the Bureau of Fair Contracts is a scam.

DO NOT PAY THEM ANY MONEY. If you are approached please inform your local law enforcement agency.

To view the previous post on European Property Coin please click on this link.  This was a three layer follow-on-fraud which involved the initial approach by europropertycoin which was then followed by Ryde Asset Management and then by the Bureau of Fair Contracts. They’ve put a lot of effort into this. We’re really glad we are able to draw attention to it before too many investors are caught.

 

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