The facts indicate that this is very likely to be a scam, specifically the type known as ‘advance-fee fraud’. That is because the victim is asked to make advance payments before anything they have been promised materialises.
As there are numerous variations of such scams, the best way to explain how they work is to identify certain 'red flags' which are often present in their build-up. The following are the most common ones:
- Someone contacts you and promises you a sum of money. There are many variations on who they may be and in your case it is a supposed client with this huge fund, and they have also included a twist of threats to kill themselves if it does not materialise just to make you more emotionally connected with it and ensure you proceed with it
- Before you are able to receive the promised amount, you are asked to pay a sum of money. There are various reasons quoted for this, such as taxes, clearance fees, administrative costs, legal fees, etc. This is where the advance payment part of the scam comes in. The company involved does not actually exist and their website is not legitimate.
- Tempted by their promises, the requested fees are paid in good faith.
- However, once the money has been sent, the fraudsters either stop all contact and run away with your money, or they return and ask for further fees for different, often unexpected, reasons
The key now is to not proceed any further with this. Cease all communications with them and certainly do not send money if asked to, no matter what they say. Do not fall for the threats of the client killing themselves over this – it is just a ploy to make you more likely to proceed with this