Fidelity Manager Wants to Share his Money With Me?

Sep 7, 2007 1:46 PM, By John Churchill


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Emails from generous Nigerian nobility seeking to share their enormous wealth with any and all Americans are regulars in most email inboxes. But from money managers?

The one below, received this morning from “Mr. Tim Maccrron” [sic], has been banging around the Internet for more than a year now. The sender would like the recipient to believe that the real Tim McCarron, the actual manager of the Fidelity European Fund, wants to share $22.4 million in “excess return capital funds” at the very reasonable ratio of 60:40 with “anyone” with the time and energy to pick up the phone and ring him. What a guy!

Alas, sadly, Tim Maccrron [sic] is a fake, although he uses the real McCarron’s name—spelled correctly this time—in the sign-off at the bottom. Fidelity spokesman Stephen Austin says the firm is aware of the email scam and advises anyone receiving missives such as this one to call 1-800-Fidelity. Don’t try to get lucky. You won’t.

The text of the email:

Fidelity Investments International
Oakhill house,130 Tonbridge,Hildenborough.
Kent TN119DZ,
United Kingdom.
+447 0 457 21 399
E-mail Mccrontimfidelity12@yahoo.co.in
E-mail Mcctimfidelity@yahoo.co.uk

Greetings,
I am a Fund Manager with Fidelity Investment UK and I handle all our Investor's Capital Project Funds that enables me to divert 1.2% Investors Excess Return Capital Funds to our Magellan Trust Funds Account whereby anyone can be presented to claim the funds.
On this note, the total sum of US$22.4M has been diverted representing the 1.2% Excess Return Capital Funds from the Investor Capital Project Funds for 2005/2006.I need a reliable and trustworthy person that can work this deal out with me so that we can claim the funds as mentioned above.
There is no risk attached and the funds in question can never be dictated or traced. Our sharing ratio is 60:40.If you are interested,please send your direct telephone numbers for discussion of this deal in further details.I am counting on your sense of confidentiality,as it is my desire that you keep this business to yourself.
Anticipating to hearing from you.
Best Regards,
Mr.Tim McCarron


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