Example scam query - does it stop here?

I have recieved a letter stating that i have won a substantial amount of money from an e-mail address draw, I was given the address of Kas Bank International 1o Broad St. Tel# is +44-703-195-8139 and was told to speak to either Ms. Gloria McCoy or Mr. Graham Simpson. Their e-mail address is kas-uk-infodesk@accountant.com. Do you know of any such wins at all? they even wanted me to open a non-resident account with deposit. Is this a FRAUD OR IS IT TRUE?

It is too good to be true. Nobody wins a substantial amount of money without even the effort of buying a lottery ticket. There is no Kas Bank International. Ms McCoy and Mr Simpson are names used by fraudsters to trick you into opening a non-resident account, that is, no account will be opened, the only thing that they hope will happen is that you'll be tricked into paying upfront for something you will never get. The money asked to pay is small as compared to the prize you are told to have won, say only a few thousand GBP.

But does it stop here? In many cases unfortunately it doesn't. In the course of the administrative procedures that the scammers are telling you they are working on, the victim often without hesitation has shared his/her name, e-mail and postal address, bank account number and bank institution, signature, copy of passport, identity card and/or drivers licence. With such information in criminal hands the victim is bound to lose more than the first upfront fee.