Chinese Manufacturer: Ways to Succeed!

What Kinds of Fraud should We be Looking out for?

• Posted by Andy in Expert Blogs
• 2007, August 14th

Tag : business, fraud, market, samples

The following are three common internet scams in international trade. When you encounter the following situations, you must be careful .

· Pro forma Invoice (to get your personal information)

Some fraudsters may ask for a pro forma invoice when they do business with you, and then after you provide this, they may attempt to withdraw your funds, and purchase samples using your good name and business reputation. Your stolen identity may even be used to help con the fraudster's next victim!

· Credit card

Be very careful if a business partner you meet through the internet informs you that they can only send you payment by check or credit card...If you accept these payment methods you are running a risk that the checks have been forged, or the credit card numbers stolen, and ultimately you may have to bear the loss. There are many credit card number generating programs available online which also generate fake addresses and pins numbers which conform to the banks algorithms.

· Free sample fraud

We often find cases where a fake importer writes to many hundreds of companies asking for free samples to be sent to them with the fake promise of big sales once they have inspected the goods, in reality these are usually aimed at easy to resale electronic items such as mobile phones, laptops and personal audio electronic produces which they then resell at their local market. While we encourage discount samples to be sent to potential buyers, the buyer should be requested to pay for shipping and most of the cost of the item.  

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