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the "European Development Fund Insurance And Bank Details" Scam

Recipients of the "European Development Fund Insurance And Bank Details" email below are asked to delete them and should not follow the instructions in it. The fake and fraudulent email is being sent by online scammers or thieves who are attempting to trick their potential victims into sending them money for funds they will never receive.

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The "European Development Fund Insurance And Bank Details" Scam

From: "EUROPEAN FUND UK" - europeandevelopmentgrant@mail.com

Date: 20 July 2018 at 09:52:32 SAST

Subject: EUROPEAN DEVELOPMENT FUND INSURANCE AND BANK DETAILS

ATTENTION BENEFICIARY

The European Development Fund (EDF) is the main instrument for European Union (EU) aid for development cooperation in Africa, the Caribbean, and Pacific (ACP Group) countries and the Overseas Countries and Territories (OCT). Funding is provided by voluntary donations by EU member states.[1] The EDF is subject to its own financial rules and procedures, and is managed by the European Commission (EC) and the European Investment Bank.

Insurance: Through the agreement of this Document The European Development Fund (EDF) would like to inform you benefit, Decrease the likelihood of claims adjuster being involved in a serious accident, eliminating potential worker's compensation claim,with health premiums insurance,poor employee morale, and employees' time off work.

Note: European Development Fund (EDF) and the IDEX INSURANCE would increase the likelihood of in-office adjusters being willing to volunteer their time when a catastrophs strikes by boosting their confidence in their ability to do so safely.

Articles 131 and 136 of the 1957 Treaty of Rome provided for its creation with a view to granting technical and financial assistance to African countries that were still colonised at that time and with which certain countries had historical links.

Usually lasting 6 years, each EDF lays out EU assistance to both individual countries and regions as a whole. The EU is on its 10th EDF from 2015-2020 with a budget of €22.7 billion.[1] This represents about 30% of EU spending on development cooperation aid, with the remainder coming directly from the EU budget.

[1] The budget of the 10th EDF can be broken down as follows

:[3]€21 966 million to the ACP countries (97% of the total),

€17 766 million to the national and regional indicative programmes (81% of the ACP total),

€2 700 million to intra-ACP and intra-regional cooperation (12% of the ACP total),

€1 500 million to Investment Facilities (7% of the ACP total).

€286 million to the OCTs (1% of the total),

(Policy Commissioner)

EUROPEAN DEVELOPMENT FUND (EDF)

Division of Iinsurance (EDF)

Contact: 0110271563

C. Williams

Director

From the day after signing up with us, you have a 14-day cooling-off period during which you can cancel this contract at no cost. You can also end this contract with us at any other time by: (a) asking another supplier to become your registered supplier (your new supplier should then formally contact us and this contract will end when they become your registered supplier); or (b) giving us notice as set out in clause 6.2. If you do this, you will still be responsible for paying our charges for the period we are your registered supplier.

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