This scam was forwarded to me by a reader, who wonders just how much “Randy” “racks” his victims for.  The short answer to that is – as much as he can get them to send him.

Mr Racks  is a scammer.  He doesn’t want to lend you money, he wants to take money from you.  Ignore him.  If you need to borrow money approach your local credit union.  For larger loans, approach your bank or local business advice service.

From: DR.Randy Racks <>
Date: Saturday, October 10, 2009, 2:01 PM

We Offer Private, Commercial and Personal Loans with very Minimal
annual Interest Rates as Low as 0.2% within a 1year to 50 years repayment
duration period to any part of the world. We give out loans within the
range of $5,000 to $100,000,000 USD.
Our loans are well insured for maximum security is our priority ,Are
you losing sleep at nights worrying how to get a Legit Loan Lender? Are
you biting your finger nails to the quick? Instead of beating yourself
up, contact SUPREME FINANCIAL HOME now, Loan specialists who help stop Bad
Credit History, to discover a win solution which is Our Mission.
Are you financially Squeezed?
Do you seek funds to pay off credits and debts?
Do you seek finance to set up your own business?
Are you in need of private or business loans for various purposes?
Do you seek loans to carry out large projects?
Do you seek funding for various other processes?
If you have any of the above problems, I can be of assistance to you
but I want you to understand that I give out my loans at an
interest rate of 0.2%.
Borrow up to $100,000,000 USD.
Choose between 1 to 50 years to repay.
Choose between Monthly and Annual repayments Plan.
Flexible Loan Terms.
Interested Persons should contact me via email.
Thanks for your understanding,

Dr Randy racks
General Consultant,