Complaint Review: Resona Bank of Japan IBK Asset Management - and Seok Kyoon Hong Ji-Young Yoo Vansana Lescure Shota Takase Anthony Brian Franz Siegmund -

This is what IBK Asset Management – Resona Bank and their supposed representatives committed.

They fraudulently acted as a Bank and Bonding Company. They demanded bond premiums then bank transfer fees then they lost the wired funds, sought more funds, held deposits for bond premiums but stole the money - cleared out an escrow account without authority. They stole $131,800 and provided no loan funds in over 9 months. Can't find the parties now except that others i know are trying to get loans and these people answer the new borrowers but avoid those they have scammed. Reported this to LinkedIn and they simply don't care. LinkedIn helps these types of loan fraud schemes without trying to help.

These people claimed to have worked for IBK Asset Management in S. Korea. IBK is a subsidiary of IBK Bank. IBK is a good bank but these people no longer work with IBK but set up email accounts to look similar to the bank email accounts. They also claim to work for Resona Bank as a bonding escrow agent. They offer loans on low interest rates. They offer favorable terms. After you are told that your loan is approved you wait a month to hear from anyone. Then they tell you that you have to post a bond premium payment with their bonding company (affiliate). The IBK rep does all the IBK paper work with you. Then you get a message from Resona Bank with a bond premium bill. You pay the first payment and you are told your money is in escrow and they provide a bank document to show the deposited funds were received by wire from your bank. 

The wire gets lost for about two weeks until it is "recognized" in their bank. You lose time. Then you get a notice that your funds are to be sent in the next 48 hours but because the loan was considered to be risky you must pay an additional year escrow bond premium to the Resona Bank account - supposedly in escrow. That wire also gets lost a week or so. Then you get a notice that your money has been deposited to your own company account in the IBK Bank. You get a dial in number and you can access your account info. It all sounds legitimate.

Then a disreputable scam artist by the name of Anthony Brian sends an email to you stating that he requires his management broker fee in advance of him providing a sign off so that IBK will release your money to you. When you refuse, because he is extorting you now, he simply says he will tell the IBK bank not to issue your funds, which by now you are being told by the online banking communications program - is sitting in your account. We offered to place the fee in an escrow account - and after much arguing about that - Mr. scum bag Brian accepts and tells you to place the funds with a law firm and another broker in London by the name of Franz Siegmund (who by the way is vouched for by Resona Bank). The funds go to the escrow account and you don't hear from anyone again now for two weeks.

You start to call and email asking for the funds to be released. Even though you get a wire transfer reciept that says the funds are in the escrow account - Anthony Brian claims the funds are missing and or not there yet. He emails IBK and Resona and states that you did not pay the broker fee. IBK and Resona hold up your money. A week later the escrow agent in London admits that he had the funds all along. You get an email the next day from IBK indicating the funds will be wired in 24 hours but because they go into the US from Korea they require going through an intermediary bank (Wels Fargo). This sound plausible and you are then told you have to make a transfer payment (Cost of Transfer or COT) to Wells Fargo. You make the small fee payment and the next day your get calls from IBK asking why you have not sent the wire.

This goes on for two weeks until they ask you to send the small payment to another Wells Fargo account while they find the l;ost fee you sent earlier. They continue to ask for the second fee payment. When you refuse, Mr. Brian once again claims you are not honoring your obligations and he will instruct IBK not to fund the loan until the second payment is sent.

Lawyers send letters to IBK persons and to Resona. They apologize for Anthony and state that they never dealt with him before and that they will resolve the problem in the next day or so and not to be concerned about the second payment as it was them who told you to send it to the wrong Wells Fargo account. They also state they will direct your loan proceeds in the next 2 to 3 working days and you will not have to send more money to Wells gargo. Ten days go by and Resona and IBK once again send an email stating they now have the funds moved to a EU bank that will have no problems sending funds into the US. All you have to do is send $6,200 to the new bank to cover the international money exchange rate difference.

You now send emails to demand your refunds as the agreements stipulate. Now you find that the escrow money to Brian has been cleaned out and the Resona Bank contact has fled the coup and your money is also gone. $131,800 stolen by these people at what they report to be their companies. Here they are.

IBK Asset Management (reported by the people below to be a part of IBK Bank)

Seok Kyoon Hong (Head, Legal/Portfolio Management)

[email protected]  

[email protected]

Vansana Lescure (Profile Officer)

[email protected]

Ji-Young Yoo (Head, FI & Loans)

[email protected]

Resona Bank and Shota Takase

[email protected]

Fraud Brokers

  Anthony Brian

  Franz Siegmund

  [email protected]

  [email protected]