"Bank of England" scam email

This is some sort of fraud or phishing attempt, the email originates from richardscott269@msn.com but solicits replies to richardscott555@rediffmail.com - both of these are free email providers, and I'm pretty sure that the Bank of England can afford its own email servers. Avoid.

Subject: Payment Notification
From: "Richard Scott" <richardscott269@msn.com>
Date: Thu, December 3, 2009 10:12 pm

From: Richard Scott
International Settlement Dept.
Bank of England
http://www.bankofengland.co.uk/
Ref: BOE/ISD/ACD/4556/09


ATTN :

The International Settlement department of Bank of England is obligated to contact you for the immediate release of your fund whose account has be come dormant and subsequently transferred to this department as unclaimed fund.Our findings have revealed that the problem behind your inability to have received your fund from the corresponding bank resulted from lack of transparency, insincerity and incessant demand for money by your representative(s) for unusual payments. We have therefore decided to establish a direct transfer payment system (DIPS) with you for the prompt release of your funds without any hitch.

We therefore request that you respond to this email immediately ( forwarding your direct contact telephone number) to enable us proceed with the release of your fund accordingly.

Yours in service,
Richard Scott.