Warning Letter

IMPORTANT NOTICE

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To all parties involved in the commodities industry, please be advised of the new measures affecting Buyers and Sellers during transactions.

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Effective immediately, if any document such as an ICPO (Irrevocable Corporate Purchase Order), LOI (Letter of Intent), RWA (Ready, Willing, and Able), or BCL (Bank Comfort Letter) is found to be false or unverifiable, the Seller will have the authority to report the incident to the FBI, ICC (International Chamber of Commerce), and INTERPOL. Furthermore, upon receiving a CI (Commercial Invoice), Buyers are required to respond promptly and formally in accordance with the agreed terms.

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Failure to respond in a timely manner will result in the Buyer being reported to the aforementioned authorities. Sellers who repeatedly engage in the misuse of documents such as NCND (Non-Circumvention, Non-Disclosure Agreement), LOI, ICPO, RWA, or BCL will also face similar consequences for abuse, as this is now classified as a federal offense.

It is crucial to disseminate this information to all clients and providers associated with ICC, FBI, and other international regulatory bodies. Strict enforcement of international codes will now be upheld to eliminate any parties submitting false information. Submitting fraudulent NCND/IMFPA (International Master Fee Protection Agreement), LOI, ICPO, RWA, BCL, FCO (Full Corporate Offer), false Proof of Product (POP), or false Proof of Funds (POF) will be considered a criminal act.

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This regulation has been in effect since November 15, 2008, following a collaborative meeting between the Federal Reserve, European Central Bank, INTERPOL, FBI, and CIA. The primary aim of this measure is to safeguard the commodities industry, a vital component of the global economy.

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By acknowledging this letter, you confirm your understanding of the severity of these regulations and the significant impact on all transactions involving oil and other commodities.

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Penalty Clause: Non-performing parties will be liable to pay 2% of the total contract value agreed upon.