Offshore Outsourcing & Scammer

The following list give you an overview how you can identify a scammer and bad selling products without making a background check - only by reading their offers with an open mind:

• Earnings in the spotlight
  Every advertising, which puts the amount of earnings into the spotlight, is nothing else than scam. As higher the promoted earnings are, as less reachable they will be for the case it is not a scam.
  
  
• Pay per sale
  Even the client knows that his product is hard to sell.  If the client has an easy selling product, than he would offer only an hourly rate for the sales people.Each business is done for making profit. Nobody likes to pay more than absolutely necessary.
  
  
• High commission per sale
  As higher the promised commission per sale is as more difficult is it to sell the product. Nobody likes to pay more than it is absolutely necessary to find someone to doing the work.
  
  
• Offer without a picture of a real person or of a celebrity
  The salesperson already cannot show his face in public.  Maybe he/she has scammed already some people and need to hide himself for this purpose. It is also possible that such a person gets searched already by the police or Interpol. They are browsing the social networks too.
  
  
• Offers without an email address
  Such an offer is only a time waster. Such people even don’t know that the world has 24 time zones and are expecting that everybody is waiting for them.
  
  
• Calling data (phone numbers with names) are not provided by the client
  Address agencies are already to expensive for the client. He expect that you are making with already heavy used data a big business. Hopefully the client will be able to pay the center for their work,
  
  
• “genuine” offers
  Where is only written about a “genuine” campaign or product  than it is only scam. The person, who is offering something like that, does not even know what he is offering.
  
  
• Email me for more details
  That is only a time waster. Such people are only collecting email addresses. Maybe they can sell It somewhere. A normal salesperson will describe his product very well, because he has less work with false requests in this case. Why he should make more work for himself than necessary.
  
  
• Call me for more details
  That is even a larger time waster. Such a person is already afraid from the written words, which can get used against him. For this he likes to speak only. Such offers are in each case only a scam.
  
  
• Act fast phrases like "Last Chance", "Limited Slots", "Limited Seats", "HURRY UP", etc.
  The best translation would be: Don’t prove the offer or make a background check. In such a case you’ll find the scam immediately.
  
  
• Any upfront fees – however they are getting called
  That is the plumpest scam ever. If a client likes that you are using special software, than he has to pay for it. Maybe the client is already nearly bankrupt and cannot pay already the products, which you should use. In such a case he would even not be able to pay you for your work in the case it is not only a scam.
  
  
• Royalty fees
  It proves only that the “broker” has no contract with the client. For this is it already scam.
  
  
• Security deposit
  A security deposit is given normally to this one, which is working and has some investments to do. This is in the case the call center, because they are investing in staff and phone minutes. The broker gets paid from the client for whom he is working.
  
  
• Exuberant praising a product or campaign
  You will not be able to sell such a product to normal people. Such products are normally overpriced and trash. The purpose of such a behavior is to find stupid people, which will buy it. With the exuberant praising of a product or campaign the salesperson likes to hide the known problems of the product.
  
  
• MLM – Multi Level Marketing
  In such a system are getting low quality products for a very high price sold. The product price needs to pay your upline and need to be a winning for the company. You need to be happy if you are at least earning the costs you have with it.
  
  
• Repeated posting of the same campaign
  Real campaigns need to get posted only once, they get very fast taken. If a campaign gest posted longer as a few days then is in any case something wrong with the campaign.
  
  
• The offer sounds too good to be true
  In this case the offer is only a scam

As more from the above points are fitting to an offer as higher is the risk for running into a trap.

If the offer is interesting than you should continue with making a background check to avoid getting scammed.

A list of proved scammer can get found in the menu entry Scammer Exposed.

Offers from trusted and validated brokers can get found in the menu entry Fair Campaign Offers.

As you already found out, 99.99% of the people visiting internet boards are full of crap.

I hope the following information will give you a better insight into the actual conditions that are acceptable to the real people trading financial instruments as opposed to all of the nonsense that has been perpetrated by the brokers and others that simply do not understand the nature of this business.

First, let’s put to rest many of the things that are incorrect and inaccurate about buying and selling instruments.

Consider the following corrections to items that are pervasive throughout the brokers’ network, continue to be included in Letters of Intent, have been incorrectly applied to these transactions and are never a part of a real agreement between a real seller and his buyer counterparty in the trading world:

• First and foremost, the days of the buyer standing in the public square and dropping his pants while the seller hides in the dark and is "protected" by some broker that calls himself the "mandate" are gone from this business, never to return.
  
  
• The letter of intent can never become a contract. This is contrary to contract law. The seller and the buyer will always enter into an enforceable commercial contract or agreement. The letter of intent is just that, an expression of the buyer’s interest or intention. More than 95% of the time, the letter of intent is written by a broker, not by the seller and, for the most part, these brokers have just cut and pasted information that they obtained from other brokers.
  
  
• Banking coordinates are never conveyed in a letter of intent. These are very confidential and are not the business of the broker network. In fact, banking coordinates are never conveyed in an agreement. Banking coordinates are only conveyed principal to principal.
  
  
• The laws of perjury do not apply to any commercial document, or agreement. This is contrary to contract law and it is impossible for someone to perjure themselves in a letter of intent or interest.
  
  
• There are no rules, regulations, acts, ordinances or laws (including the US. Patriot Act of 2001) that require a buyer to produce a proof of financial capability prior to acquiring any instrument.
  
  
• There is no agency or department of the US Government that approves the private sale of Medium Term Notes (MTNs) or Bank Guarantees (BGs) and there is no department that issues a "Fed number" for MTNs. This is all broker nonsense.
  
  
• Banks do not endorse fee agreements, contracts or letter of intent letter of intents. This action would place a financial liability on the bank and they cannot and will not incur that liability on behalf of their depositors.
  
  
• Banks do not issue irrevocable conditional bank purchase orders (ICBPO), or any purchase orders, period. In fact, a bank is precluded from incurring any liability on behalf of a depositor. And, the words "irrevocable conditional" form an oxymoron. No western world bank will issue a MT543, as it is a liability on behalf of the bank. In fact, as of September 1, 2003, the MT543 is gone from the banking world.
  
  
• Issuing banks do not enter into agreements to sell their financial instruments and the buyer’s banks do not enter into agreements to purchase the financial instruments. The agreement is always between the buyer and the seller. And no banker or securities officer is going to act on behalf of the buyer or seller until and unless there is an agreement in place.
  
  
• Collateral first is the most misunderstood phrase. Collateral first does not mean that the actual instruments move to the buyer before payment. It means that the seller must provide an invoice setting forth the details of the instruments, before the payment is made. There is no longer such a thing as a collateral first settlement via Euroclear and there is no such thing as a "collateral first" DVP settlement, these are not the same settlement types.
  
  
• There is no such thing as "due diligence" by some "agency" for seasoned instruments. The buy/sell transaction between private parties is private and does not require the approval of any governmental body or agency.
  
  
• As a result of the post-September 11 rules on wire transfers of funds, it is no longer possible for buyers to move cash funds in amounts over US$500M without the funds being stopped and investigated. Accordingly, offers that set forth tranches of $1b, $5b and more, are just pure nonsense.
  
  
• The ICC in Paris, France, is not an enforcement, adjudication or legislative body. They are simply an information body. And, they have never published anything on the subject of NCNDs. Accordingly, the ICC has no jurisdictional authority or standing in any commercial agreement.
  
  
• Contract law sets forth that there cannot be any conflict of jurisdictional oversight to an agreement. Accordingly, an agreement cannot contain multiple jurisdictions as the controlling laws. Example: "This agreement is governed by the laws where the buyer and the seller reside and the ICC. Paris, France". Or "this agreement is governed by the laws of the USA, UK, Hong Kong, Switzerland and Germany" were written by someone who knows nothing about the law.
  
  
• Bank guarantees are never on any screen (DTC or Euroclear) for screening, authentication or settlement. All BGs must be transacted via standard non-Euroclear DVP protocol settlement procedures.
  
  
• Medium term notes (MTNs) are only on Euroclear, not on DTC, for screening, authentication and settlement. All MTNs and bonds on Euroclear must be transacted via standard Euroclear DVP protocol settlement procedures.
  
  
• Prior to January 1, 2003, it was possible to settle on Euroclear with a collateral first settlement. The seller provided the buyer with the invoice containing all of the instrument and Euroclear codes, including the blocking code. The buyer would then screen the instruments, block (delivery) the instruments in its name and then pay the seller via wire transfer of funds. Euroclear called this a "free delivery" as the instruments were blocked in the name of the buyer without any funds being delivered (payment) at the same time. There were too many incidents where the funds never were wired, causing both the seller and Euroclear big problems. So, as of January 1, 2003, there are no more "free deliveries". All instruments on Euroclear must be transacted via standard Euroclear DVP protocol settlement procedures.
  
  
• Standard Euroclear DVP protocol settlement procedures and standard non-Euroclear DVP protocol settlement procedures, do not require and, in fact, preclude the need for a proof of funds, proof of capability, financial capability letter, MT760, MT543 or MT799. This is handled in the bank to bank call, after the agreement is signed and in place. Accordingly, no one will issue these documents, as they are replaced by the bank to bank confirmation call that must take place immediately after the agreement is signed.
  
  
• MT100 and MT103 are conditional swift transfers of cash funds. The MT100 has not been used for more than two years. The MT103 is the current method of sending a conditional swift transfer of cash funds. However, the MT103 is only used for fresh cut (new issue), funds first transactions and never for seasoned paper or a DVP settlement transaction.
  
  
• MT760 is not a proof of funds, blocking of funds, movement of funds or settlement document. It only has one purpose. Its purpose is for the actual movements of the bank guarantee (not MTNs or bonds) from the seller’s bank officer to the buyer’s bank officer.
  
  
• MT799 is a simple text message, sent bank to bank. In this business, this is used for a bank to bank proof of funds, only. The MT799 is not a form of payment and it is not a bank undertaking or promise to pay. It is simply a bank to bank confirmation of the funds on deposit, nothing more. And, all of those brokers out there who modify the MT799 to make it look like a bank undertaking are just kidding themselves.
  
  
• Standby Letters of Credit (SBLCs) are not instruments that are issued, bought and sold at discounted prices. When a bank issues a SBLC, the price to the buyer is 100% of face value, plus the bank service charge for the instrument. And, the purchaser of the SBLC will ask the bank to place a restrictive endorsement on the SBLC, for the payment of a specific item of goods or services. All offers for large amounts of SBLCs at discounted prices are absolutely fraudulent offers.
  
  
• A fee protection agreement (FPA) that states "to be determined" or "to be nominated" as the name of the paymaster for either the buyer’s side or the seller’s side is absolutely worthless. No prudent business person will issue a blank document. And, if you do not know the name of the seller’s side paymaster, then you do not have a valid offer and you do not have any way of delivering the Ready Willing and Able (RWA) letter to the seller.
  
  
• There is no such thing as slightly seasoned instruments. Instruments are either fresh cut (new issue that has not been registered with a buyer) or they are seasoned (instruments that have already been sold to one or more buyers). While the price of seasoned instrument can vary, the fact that they are either seasoned or not seasoned is binary in nature.
  
  
• There is no such thing as the "gray screen", a "Fed ID" approving the acquisition of MTNs, a "Fed Pool", "Fed program" or "Fed trader". This is all pure broker nonsense.

This week I have found an advertisement at LinkedIn: 

Wanted Centers for PPI & PBA
We provide Data dialer with voips experienced and new centers are welcome. Thanks

As there has been no contact address given and his profile did not have any contact address stored, I have dropped my email address in the comments. As a reply I got the invitation for a Skype conversation. The guy has been from UK and seemed to be a direct customer, but he even did not remember his own advertisement. 

First he tried that we are using our own data for dialing. I explained him that we are only dialing with data provided by our customer and we are not reusing this data for other campaigns. It will not make us trustful using data from one customer for another customer’s campaign.

After an explanation about the difference in the quality of data coming from local agencies to these ones, which are getting traded between the centers and which are already heavy used, he dropped the message:

"We provide them profiled data and at the time of invoice we deduct the price of data that we provide center"

At this time i decided to drop the business and send him to other centers.

A call center is working for the customer. If the customer does not have data, then this data need to get bought by the customer. If a customer does not like to pay the data, which are getting used only for him, already, then the full business is it not worth to get done. The most good address broker are selling the data only inside their country. If a customer likes to bill this addresses and maybe his own stock of addresses to the call center, than he will find thousands of reasons too, for not paying his bills. I don't need such a kind of customer.

Call centers are service providers. They need to work with the material that they get provided by their customer. If the customer likes to get quality, than the customer has to provide quality too.

The broker/scammer are learning and thinking that $250 getting paid easier and without some requests than the fantasy sums from before.

Only the arguments have not changed:

"im not sure with that. thats always been the SOP. even our center here made the same arrangement to the client. the client has been with us for 3 years now and so happaned they are expanding. we tried to get centers before without the reservation fee but we were just burned. we made all trainings, installations of dialers etc and then on the first day or second day, center will just inform us that they cant push through. I understand your hesitation/s about the reservation fee, if your are not comfortable or okay with it its ok. once we have probjects that wont require reservation especially inbound, i will inform you both. "

My argument in this case:

• A real client, which like to outsource is giving everything for free, because he knows that he will save a lot  For this he even makes the training by himself or pays someone which makes the training.
  
  
• A customer needs to be happy that a center owner informs him that his campaign does not perform. That he needs to change the data or something else. If he has own staff it would be more expensive! 

We have in German a proverb: "Just as the rogue is so he thinks". In such a case think that you'll get scammed and ask for a security deposit for your own expenses.

See how a minimum security deposit gets calculated:

• The salary for the agents
  that is easily calculated. Simple add the gross sum of the salary including taxes and fees of all your agents together
  
  
• The place of the center
  If you pay rent than take a monthly rent of the place. If you own the place than you need to take the price of the building divided by 360 (30 years deduction of the value)
  
  
• The electricity
  That is simple to calculate. You know how much is the monthly energy bill
  
  
• The internet connection
  You know how much you pay for the Internet connection each month
  
  
• The investments of their technical equipment
  The technical equipment has an average financial life time of 3 years. So divide the value by 36 to get the value for one month
  
  
• The investments into their furniture
  Furniture and other investments are deducted to a zero value in 7 years, So you have to divide the value by 84

If you have calculated your own monthly costs, than you divide this costs by the count of seats you have to get the costs of one seat per month. This value you can easily use for all such offers. You simply need to multiply it with the count of requested seats in this case and add the value for the "up front", "security deposit" or however the fee to get the contract gets called. You can ask in such a case for an irrevocable bank guarantee about the resulting sum to reduce your own risks.

Alternative you can ask for a contract with the power of attorney, which has to get legalized if more than one country is involved. The fees for this process is carried in each country by the citizen of the country. Such a contract is able to get executed in front of the law court too.,

Account General Info -real state inbound- - word format(1).pdf (113.85 kb)

GUIDELINES FOR REAL STATE INBOUND CAMPAIGN APPLICATION.pdf (178.25 kb)

For this we need to know first why companies like to outsource to offshore call center.

The answer is very simple. They like to maximize their earnings.  The average income in the high wage countries for telemarketer is around $20 per hour (Source: indeed.com from February 2015). Depending on the country are here additional expenses for the staff necessary. The real costs of a staff will be up to 50% higher than the salary of the staff.

A good and usable product is getting sold automatically if you present it in shops. There are other products like insurances, mortgages, etc. which are getting offered from brokers. Most of the insurances are offering combined packages, which are offering a discount. If the customer takes out one package of this group the price for the remaining things in the package will rise.

If a company offers a new combined package, then it has to have better conditions for the customer.  In this case the company needs to sell more of these packages to have the same winnings. No one gets money as a gift and the company needs to earn money too. This cannot be done by lowering the price for the customer without lowering the cost of sales too. The commission for the sales people will decrease for maximizing the profit of the company and their shareholders. Such a procedure results in a downward spiral in price and performance.

The costs for hiring offshore telemarketing centers are around at a quarter of the onshore prices. Mostly are their products simple not sellable or even the winnings not big enough for paying per hour. For this the most companies found here are offering only pay per sale.

This behavior is very short-sighted, because local people are losing their jobs. People, which have lost their job, have less or no money available. These peoples need to reduce their expenses too for having enough to survive until they find a new job. For this the companies are losing potential buyers. This is leading to the next downward spiral, where the products need to get cheaper and cheaper to get new customers. As nobody can offer the same performance for less money, the performance gets reduced too until the product is getting useless.

Such products shall get sold by using offshore call centers. In the most of the cases the companies are too greedy for supplying data (phone numbers and names) for the call center. The call center should even take the risk about the data. As the most serious data provider in the high wage country are selling data only locally, the international traded data are already heavily used and for this reason more or less useless. Nobody can perform with such kind of data.

The result is: SUCH COMPANIES ARE TO GREEDY AND DESTROY WITH THEIR GREEDINESS THEIR OWN BUSINESS!

You can use the following translation for the offers found here at LinkedIn or Facebook:

• Pay per Sale
  The provider does not believe that his products can get sold or The provider does not believe that the call center can sell the products
  Why in this case he likes to go offshore?
  The reason is mostly that it is the last try before running into bankruptcy
  
  
• High commission rate
  As higher the offered commission is as harder is it to sell the product.
  As higher the offered commission is as more useless is the product
  As higher the offered commission is as more financial problems the company has
  
  
• No data provided
  The call center shall even take the risk and invest into the data for selling the product.
  The company has not enough funds already to invest into good data
  
  
• Upfront payment, security deposit, etc.
  The company has not enough funds to pay the broker or to survive with out the payment of the "rich" call center owner. It is already too much what they are offering for this service.