PAUL REIDER ESQ NEXT OF KIN BENEFICIARY NEEDED

Is it a scam? 
Email from PAUL REIDER ESQ address barrpaulreider@yahoo.com , Beware of the sender as numerous scam emails has been sent by this particular individual. Emails like these are designed to commit online frauds and steal identity. Do not fall victim of identity theft. Do not sharing any banking details with the sender. Identity theft is common over Internet.  
If you want more information how this scam email work . Please Read  Advance Fee Frauds and Identity Theft . You can also find other emails addresses and names of scammers.  Please do leave comment this way my blog will receive more visitors and awareness will be spread and we can save many from these scam emails. 
About Fraud
From: PAUL REIDER ESQ <kckrishnan8@yahoo.com>
Reply-To: barrpaulreider@yahoo.com
Subject: NEXT OF KIN BENEFICIARY NEEDED
FROM:BARRISTER PAUL REIDER(ESQ)
& ASSOCIATES,
4 Albert Embankments, London
SE1 7SR, United Kingdom

Attn: My Good Friend,

With warm heart of friendship I contact you in this, hoping that you will give it an urgent attention.

I am Barrister Paul Reider (Esq.). I have a client, who bears the same last name with you, and a national of your Country who used to work with Mekon Associates Company in London. On the 2nd of August 2013, my client, his wife and their three children were involved in a car accident along Manchester Express Road. All occupants of the vehicle unfortunately lost their lives.

Since then I have made several enquirer to your Embassy to locate any of my client's extended relatives, this has also proved unsuccessful. After these several unsuccessful attempts, I decided to trace his relatives over the internet, to locate any member of his family but of no avail,

hence I contacted you. I have contacted you to assist me in repatriating the money left behind by my client before they got confiscated or declared unserviceable by the BANK OF AMERICA where these huge deposits were lodged. Particularly, the BANK OF AMERICA where the deceased had an account valued at about US$9.5M has issued me a notice to provide the next-of-kin or have the account confiscated within the next ten official working days.

Since I have been unsuccessful in locating the relatives for over nine (9) months now, I seek your consent to present you as the next of kin to the deceased so that the proceeds of this account valued at US$17.5M can be paid to you and then you and I can share the money, 50% to me and 50% to you. And I will personally be happy if you can respond to this immediately so that we can receive these funds from the BANK OF AMERICA in this second quarter payment of the Year.

I have all necessary legal documents that can be used to back up any claim we may make, all I require is your honest co-operation to enable us see this transaction through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law.

Anticipating your prompt response.

Yours Sincerely,
Barr.Paul Reider ESQ.