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Pardons and Quality Signals Without Consumer Referral

Branding through word of mouth is commonly regarded as one of, if not the best promotional tools and indicators of quality in existence. People trust the opinions of those closest to them far more than any others, and it is both human nature and completely logical to put more stock in claims coming from a wide range of non-colluding non-stakeholders than from someone who has something to gain or lose via misrepresentation of an object (e.g. a business and its product). For most firms in most industries, achieving rabidly positive and widespread word-of-mouth implies guaranteed success. However, what happens when a) customer retention is not possible and b) the product/service offered is such that previous customers (hereafter ‘alumni’) actively try to disavow having ever used it? We will study the case of pardons to break down a separate kind of signaling effect for quality when alumni review isn’t available.

To begin, we must first go over how pardons firms operate. In exchange for a fee higher than the cost of simply applying for the pardon oneself, the pardons firm agrees to provide its expertise in coordinating the application process with the many different bodies involved (courts, police stations, bureaus, etc.) to help ensure that the pardon is received by the end consumer as quickly and with as little difficulty as possible. In this way, the essence of the service is the speed with which the pardon is granted relative to the speed with which it could be granted. Here, the speed is a real-valued multivariate function with inputs SDS, SDC, SFP, BC where

SDS = speed of document shipping (from bureaus to consumer, from consumer to pardon processing agency)
SDC = speed of document completion (on the part of the consumer)
SFP = speed of form processing (on the part of the pardon processing agency)
BC = bureau coordination (efficiently managing the resources of each input into the pardon process on the part of the pardons firm)

An appropriate measure of quality for such a firm would be the cost of the service divided by the time taken to receive the pardon.

Next we must examine the essence of the product and determine what about it makes customer retention and word-of-mouth advertising impossible. The entire point of a pardon is to remove the evidence of a criminal past from a person’s official record. Since pardons must be granted for all convictions simultaneously, it is easy to see that a consumer will only ever need or want one, hence eliminating the prospect of retaining customers.

In order to propagate word-of-mouth, alumni must tell others positive things about the product/service, thus encouraging them to use it. However, this necessarily entails the alumni admitting to having used the product/service. As mentioned above, the entire reasoning behind requesting a pardon is to remove oneself from the stigma and legal restrictions arising as a result of being identified as a convict. From this we can see that pardons alumni are unlikely to engage in word-of-mouth because they will once again be identified as a criminal, which defeats the entire purpose.

How then does the market signal quality to potential consumers when alumni disavow all knowledge of the product/service? There are the other traditional signaling effects of price and presentation, but those are entirely controlled by the firm itself and can be easily manipulated to give off fuzzy signals. The answer is that prospective consumers signal quality to each other via negative, failed interactions. If the ‘sale’ is not completed, then the consumer maintains their criminal record and has a window in which to signal their discontent. Whether or not this is an accurate or effective signal for pardons firms is another matter entirely.

Andrew Olim studies economics and areas of Canadian law related to pardons and US criminal waivers. He loves to hear feedback, positive or negative, about his writing.

Article Source:
http://EzineArticles.com/?expert=Andrew_Olim

Question by dickson li: Benefeciary of $ USD 450 million a scam? got an email that has a will to enherit 0 million..?
This a scam right?

I gotten an email from someone i dont know that says i have a will to enherit $ 450 million.. below:

How is your day?

This is MR. JERRY LEWIS. I am writing with utmost Confidentiality and Trust Confides in you; I wish to
hint you briefly of my Biography, so that we can both be Familiar with each other. I am the Acting Director
of Operations with the First Direct Finance here in UK. It’s an Escrow and Equity Finance Organization
with principal Assurance operation which merges direct services with the HSBC. That is if you have better
idea about this. I am getting in touch with you regarding the estate of Alfred Alemoor, an investment
BONDED FUNDS worth close to USD450Million USD placed under our management 7 years ago. I would
respectfully request that you keep the contents of this mail confidential and respect the integrity of the
information you come by as a result of this mail.

I contact you independently and no one in my Office is informed of this Communication. In 2000, the
subject matter; Alfred came to our management to engage in business discussions with our Private
banking division. He informed us that he had a financial portfolio of 320 Million United States dollars, which
he wished to have us invest on his behalf. As I write to you presently, the Bonded Funds has generated
close to 1,155,724,369.25 USD. Take your time to calculate the figure but I am sure its Equivalent is huge
on daily conversion remain UNCLAIMED.

Based on my advice, we spun the money around various opportunities and made attractive margins for
our first months of operation, the accrued profit and interest stood at this point at over 450Million USD. In
mid 2008, already kept BONDED with a Financial Institute I shall disclose to you as we move on with this
scenario. I am still skeptical about whom I indulge this transaction with.

What I propose is that since I have exclusive access to his file, you will be made the beneficiary of these
funds (450million USD). Our affiliate Financial Firm will contact you as the Bona-fide Beneficiary of
the BONDED FUNDS to Alfred Alemoor who was then an Oil Merchant of high repute in Kuwait. On
verification, which will be the details I Make available to the Financial Firm and the Transferring Bank, prior
instruction to make the Funds Transfer Payment in your favor. You do not have to have known him. I know
this might be a bit heavy for you but please trust me on this. For all your engagement and commitments,
I propose that we split the money equally and jointly invest it on any lucrative investment as soon as the
transaction is successful. In the Financial World of today this happens every time. The other option is that
the money will revert back to the state.

Nobody is getting hurt; this is a lifetime opportunity for us. I hold the KEY to these BONDED FUNDS and
as soon as all necessary arrangement is done. It will be liquidity and transferred into your nominated
Bank Account of your Choice. As a Financial Expert, we see so much cash and funds being re-assigned
daily. I would want us to keep communication for now strictly by the email below on my Private Email:
jerrylewis8@yahoo.com.hk

Please, again, note I am a family man; I have a wife and children. I send you this mail not without a
measure of fear as to the consequences, but I know within me that nothing Ventured is nothing gained”
and that success and riches never come easy or on a platter of gold. This is the one truth I have learned
from my private clients. Do not betray my confidence. If we can be of one accord, we should act swiftly on
this. Please pardon my writing if in any way you pick offence. I await your immediate response indicating
your interest ASAP.
Sincerely

Mr. Jerry Lewis
Mobile: +447924425970

Best answer:

Answer by TIMOTHY
A SCAM.

Give your answer to this question below!
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5 Responses to “Pardons and Quality Signals Without Consumer Referral”

  • jesus:

    yes its a scam i got one of those too.

  • Katherine W:

    Total scam. Google “Nigerian scam” and you’ll find more info on these, but there are a ton of them.

  • Ben K:

    Oh yes its a scam, its interesting with Millions and Millions of $ $ $ out there they need a total random stranger off the internet to help them… generally with fees, alot of fees paid by you if you give them a single cent you’ve been had.

    http://www.419eater.com/index.php

    Go to 419 eater read the letters the emails back and fourth between the scamers and the baiters.

    Also people have been killed over these scams, ie people traveling the Africa and being held hostage to extort even more money.

  • Andrea:

    I got a scam email similar to this before. I was intrigued and sent a response. “SEND ME MY MONEY THEN” lol then I got another email the next day that made no reference to my rude one line reply. In that second email were instructions on how it would go down. But they needed like $ 450.00 for a transfer fee into my bank account and it would take about 24hours to complete. It’s a scam but go ahead an respond and have fun! Lol I did!

  • Buffy Staffordshire:

    100% scam, you are correct.

    There is no inheritance.

    There is only a scammer trying to steal your hard-earned money.

    Any phone number that starts with +44-79 or anything similar is not based in the United Kingdom. It is from a UK based cell phone redirect service that can be answered by anyone anywhere in the world. It is a favorite service of scammers who want to pretend to be in the United Kingdom but are really half way around the world from there.

    The next email will be from another of the scammer’s fake names and free email addresses pretending to be the “banker/barrister/lawyer” and will demand you pay for made-up fees, in cash, and only by Western Union or moneygram.

    Western Union and moneygram do not verify anything on the form the sender fills out, not the name, not the street address, not the country, not even the gender of the receiver, it all means absolutely nothing. The clerk will not bother to check ID and will simply hand off your cash to whomever walks in the door with the MTCN# and question/answer. Neither company will tell the sender who picked up the cash, at what store location or even in what country your money walked out the door. Neither company has any kind of refund policy, money sent is money gone forever.

    Now that you have responded to a scammer, you are on his ‘potential sucker’ list, he will try again to separate you from your cash. He will send you more emails from his other free email addresses using another of his fake names with all kinds of stories of great jobs, lottery winnings, millions in the bank and desperate, lonely, sexy singles. He will sell your email address to all his scamming buddies who will also send you dozens of fake emails all with the exact same goal, you sending them your cash via Western Union or moneygram.

    You could post up the email address and the emails themselves that the scammer is using, it will help make your post more googlable for other suspicious potential victims to find when looking for information.

    Do you know how to check the header of a received email? If not, you could google for information. Being able to read the header to determine the geographic location an email originated from will help you weed out the most obvious scams and scammers. Then delete and block that scammer. Don’t bother to tell him that you know he is a scammer, it isn’t worth your effort. He has one job in life, convincing victims to send him their hard-earned cash.

    Whenever suspicious or just plain curious, google everything, website addresses, names used, companies mentioned, phone numbers given, all email addresses, even sentences from the emails as you might be unpleasantly surprised at what you find already posted online. You can also post/ask here and every scam-warner-anti-fraud-busting site you can find before taking a chance and losing money to a scammer.

    If you google “fake inheritance scam”, “fraud bank account Western Union scam” or something similar you will find hundreds of posts of victims and near-victims of this type of scam.

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