Examples of Fraud

The following are some examples of international trade fraud and advice on how to avoid it.  
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x9_@v"kg Example 1 - obtaining samples fraudulently&aoLGP
When an unknown buyer requests samples while hinting at a large order, it is always wise to request at least a nominal payment for the samples. If the buyer refuses to pay the mailing costs, let alone the sample charge, you are advised to beware.\:yxLL#_
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Example 2 - false promises leave the exporter with unsaleable stock
(g4c;U^Bg&I4[.n"j*K Swindlers often try to convince a supplier that they are about to place a large order on an L/C basis. They encourage a manufacturer to go into early production on their specifications, claiming that is a test and promising early payment. However, once production is complete the buyer goes back on his word, and the manufacturer is left with unsaleable stock. To avoid this type of situation, when commencing business with unknown buyers, it is safer not to agree to early production, no matter how enticing the offer may be.Jx7c)kM/Vgf$h8d
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Example 3 - demanding discounts by invoking spurious conditions in documentation ~'YF:~n$xGU-f
In order to create artificial conditions for refusing to accept goods or for reducing prices, some buyers deliberately include vague terms in the L/C and later claim an intentionally "UNPAID" clause. A variation is to place orders on L/C & D/A, but to withhold payment for the D/A part of the contract.d%R\(GRT.w
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Example 4 - sending illegal job hunters disguised as buyersg2J"{
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Some company may send job seekers disguised as buyers. If you have any doubts, consider the age and position of the person. Very young or low ranking buyers should arouse suspicion. When groups of buyers are encountered, the credibility of the company should be thoroughly checked.;n*KkO![ q7sm7[,T+W

Q%q$X E$~c Example 5 - refusing payment for the second part of a shipment
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e0V1~ After gaining the trust of an exporter in the first part of a deal by making immediate payment by T/T, the fraudster then refuses to pay for the second part of the shipment. When working on a T/T basis, once the shipment has been made, if the importer refuses to make the payment, there is no way for exporter to obtain the money. Therefore, if you think you're dealing with an unreliable partner, the T/T method should be used on a pro forma basis only.
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Example 6 - uncollectable payment due to a financially unstable opening bank-va!] Q:NbD
When accepting an L/C from an unknown bank in an underdeveloped country, be sure to check the credibility of the bank. If there are any doubts about its financial condition, it is advisable to request confirmation of the L/C from a reliable bank.

during the international trade, we have to be careful as you don't know something of the customer that you met.

yes, it's really a good action indeed, meantime, we also know that all of business have protentical risk in collecting money i think, although sometimes, customers will transfer the money before we ship the cargo, but we also face the reputation spoil too on thire market

i see`~~~~~~~thanks

Good ,anyway, thanks, though Isaw it in EC21.

good tks!!

Reply #1 skyfly's post

thanks a lot for your kind advice,that's really helpful.

for the samples,we have been paying more attention to it.NXo2Z9gE
if the potential clients refuse to offer collect account number,that is refuse to pay the freight,we won't send the samples:( cos the samples are for free.

If some small costomer have no FedEx or DHL accout , we can still send the samples to him ?
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tD8Os JE I distinguish it from the costomer's talk , also i will ask him to pay the sample charge and freight cost ...:lol

earn some money in samples

sometimes i will earn some money in samples post, haha. different clients ,different policy!

:handshake
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If you find your customers have not paid you and they are in the United Kingdom, I will recover this debt on your behalf using negotiation and legal methods. My fee will be a percentage of the debt, therefore I will only get paid when I recover your debt.a | Y O&O OzU
Good luck to people of china.
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GG3|+uD        regardsJ(N*vE5j)Uh;^+a?
                         Jason
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email:      [email]jc1969@tiscali.co.uk[/email]

yes ,many thanks ,it will be helpful for our new comers.

thanks for LZ's good experience sharing with us.&hO1g"[rpHr*@
i also meet a African cheater,and i gave him the price and accept my price.
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Z8j~],a he asked me to start the work without any payment.Pw(M#E+dG S1P
that is really a cheater.

I am a beginner,for now  don't have experience to sharing with your,but your kindly sharing are very usefull for me.tks

my mail box received a great number of those Fraud mails ,without read ,I deleted them at once :lol

say no words,only left a million thanks.:)

exactly what I have met , and I threw them in the junk !!