WANTED FOR RECOVERY SCAM
Fraud, falsification of documents, forgery, impersonation and money laundering
If you know the present whereabouts of this fraudster Jamie Nicholls and his Fiipina girlfriend Mary Joy Villaneuva in Manila, Philippines, please report it immediately to IFW Global.
Jamie Nicholls, a British fraudster based in Manila, has been recently calling victims of past investment frauds in New Zealand in an attempt to illegally solicit payments in a recovery scam using IFW Global’s name.
Jamie Nicholls, using the fake name of Jamie Needham, is purporting to be a representative of IFW Global in Manila and is claiming that IFW has recently frozen $2M in a Standard Chartered bank account in Hong Kong following a high-profile police raid by the Philippines National Police on August 15, 2018. Three (3) suspects were arrested during the police raids for engaging in investment fraud and this story has been the subject of an Al Jazeera documentary called Swindle Kings of Manila. You can watch the story here.
Jamie Needham alleges that certain fraud victims in New Zealand are entitled to have money repatriated to their accounts if they pay a legal fee of 6% of their invested amount. This is a fraudulent scam and IFW is not involved in any such action.
This type of scam is commonly known as a “recovery room scam”, perpetrated by transitional criminal groups based in Manila who are involved in large-scale boilerroom investment frauds against overseas investors.
Some of these boiler room groups are currently under investigation by IFW in conjunction with various law enforcement agencies.
Jamie Nicholls is a member of one of these groups. He is a close associate of Scott Alexander McInnis, a notorious boiler room scammer from Florida, USA, who is also under investigation in the Philippines for illegal activities.
Jamie Needham alleges in this scam that the 6% fee payable by the fraud victims is to cover the costs of legal fees in Manila. The funds, he alleges, are payable to the Villanueva Law Group in Manila, Philippines. There are similar sounding names of law firms in Manila, but Villanueva Law Group is a bogus company.
The bank account provided in the scam is a personal account of Jamie Nicholls’ girlfriend, Filipina national, Mary Joy Abrao Villanueva, born March 29, 1984. The account is located at the Bank of the Philippine Islands (BPI) account number 3079- 1404-99.
IFW investigators in the Philippines immediately identified Jamie Nicholls and Mary Joy Abrao Villanueva as being the main suspects in the scam. The suspects are now the subject of a criminal complaint for fraud, falsification of documents, forgery, impersonation and money laundering under Philippine law.
IFW will report their arrests on our website and in local Philippine news media.
Anyone with information about the activities of the above fraudsters, please contact us immediately.
All information provided will be treated as strictly confidential.