John Hammond from Little Rock, Arkansas, paid more than $800,000 for a nice little place in New Delhi which he spotted on the web. The money was paid through an account in Cayman Islands (the account has been closed since, with the money gone. Cayman has wonderful money laundering laws).
The scammers tricked Hammond into a protracted make belief negotiation, which lasted for more than 6 months. They even mailed him the title deed of the PM’s official residence, 7 Race Course Road.
To his ultimate shock the “buyer” only found this out when he flew to India and saw scores of security guard, outside the mansion.
$800,000 amounts to Rupees 3.5 crore (Rs 35 million). The money is enough for an average desi Joe to live life King size for the rest of his life.