The Loop

Out with the wash
Rochester-area businesses are the target of a recent money-laundering scheme originating in Nigeria, according to the local Fair Business Council.
The scam usually goes like this: A Nigerian needs to transfer $30 million into a U.S. bank account, and is soliciting help to do so.
Letters sent to at least five businesses ask the firms to send their company letterhead, a copy of a signed invoice, bank account numbers and the full name and address of their local bank. The letter offers to give 30 percent of the transferred funds to the Rochester firm that provides this information.
The letters typically arrive in envelopes with a hand-written address and appear to be official mailings from a foreign government.
“This scam will drain a company’s bank account,” the release warns.
No kidding.

Rate of uncertainty
Piles Performance offers a seminar this month for the unemployed, the underemployed and the “uncertain employed.”
This last group applies to those who dispute the logic of “I work, therefore I am employed.”

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