This is an unlikely scam, isn't it?

Below is an e-mail we received this morning. We don't know anyone called Tann Boon Meng and have never heard of the Union Steel Pte Ltd. We need money desperately, 'tis true, but not this badly. Anyone unknown to us offering 30% of $23 million sounds too good to be true, and it is! And look at the typing! The question we have to ask is: does anyone actully fall for this kind of thing? They must, or there wouldn't be any Tann Boon Mengs in this world. Enjoy!>

Good Day,

There is an over invoiced payment made to our company which involves some amount of money,so i have decided to involve a second party who i can entrust this money on when i have been able to pull it out my company's account to a designated account.I decided to contact you, so that you can assist with this situation,i also found out that if the government finds out,the money will be confiscated and transferred into banking treasury.

So all i require from you is to work in partnership with me,so that i can get the funds transferred out of our company's account,as all necessary document will be provided to ensure that the funds are transferred to a new account which you shall set up,where i will come for final disbursement,and further investment,in your country.Meanwhile you will be given 30% of the total funds when i see that there is a success in this transaction,the amount involved is $23.3milion .

I will provide you with the necessary information as soon as i hear from you.Please note that all necessary arrangement for the smooth release of these funds has been finalised,and it will go through the legal system.We will discuss much in details when I do receive your response,and please do send in your full contact details,and phone number,if interested in working with me.

Regards,

Tann Boon Meng
Union Steel Pte Ltd

(The title to the illustration above is GREED, which we guess is the motivating force on both sides of the above (non)transaction.)