Whats wrong near this set aside? My friend got this job give from a person he knows surrounded

My friend got this job give from a person he knows surrounded by egypt... but it just sounded fishy...can u tell me what is wrong!!

here is the email word by word
Hi *,

Miss u guy! I needed to agree to u for some time.
Now, I would like to give you a simple outline of what I enjoy for you and what I am asking you to do for me in Lebanon.

Presently, I am involved as a financial Broker for a financing co. abroad. I am lend businesses short-term loans in the min. amount of $ 30 000 000 for 5-10 years on a very low interest of 3%.

The docs required are amazingly straightforward:

A one-page budget breakdown for the loan desired ( Project Application letter)
An informal letter from the credit dept. at the bank expressing an intention to co-operate beside client.( Letter of Intent)
A form of bank Guarantee: that could be leased from a prime mound, could be a check deposited in a safe box at the edge, could be an LC...etc in one third of the amount.

Answers:    Normal businesses don't operate this way.

5 - 10 years is not a short occupancy loan.

No legit lender is loaning for 5 - 10 years at 3%

I'm totally confused about the guarantee part: what is self leased? what is a prime bank? what flawless is a check in a safe box contained by a bank? what do you need a dispatch of credit for?

Why does the person have to come to Egypt?

This doesn't give the impression of being to be the usual for for an advance fee scam. I'm wondering if this is a imitation paperwork setup designed to evade Egyptian currency controls. If it is, someone could end up in an Egyptian prison for a long time.
It's spam, that's what's wrong with it. Knows the being personally or not ... SCAM.
If your gut fear tells you something is wrong, then I would trust that. Has this personage that you know set anyone else up like this and been successful? And he is of late going to walk in a address to CFO and CEO of hundred million dollar company's sure that's easy to do. Never ever would it work nor is it really. Just cause someone is your friend dose not show that they have your best interest in mind.

ONE MORE THING

The friend might of have his e-mail password stolen. It happens more then you reflect
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