A new scam is coming! Foreign Traders Should Be Alert

The flowing water pattern, the iron-clad deception.

A new scam is coming! Foreign Traders Should Be Alert
A new scam is coming! Foreign Traders Should Be Alert

Some swindlers are setting a trap by taking advantage of the seller’s eagerness to make a deal. Please keep your eyes open! Today, let’s list some tricks, hoping to avoid unnecessary losses for everyone.

01, cheat test fee The fraudster posing as a Malaysian buyer is currently experiencing a fierce “performance” attack. Several foreign traders reported meeting him at the Fubu Forum. Some people are alert and some have already been recruited.

Specific typical “set up” way is like this:

The swindler claimed to be a Malaysian buyer and showed his purchasing intention. He asked you to send a catalogue to order a cabinet after specifying a product and asked you to send samples to a testing company in Guangzhou for testing. The samples are worthless, and the cheater’s main purpose is to cheat the testing fee.

Some sellers are eager to make the order. Even if they have doubts in their hearts, they feel that the inspection fee of 1,000-2,000 yuan is not a big problem, so they pay for the inspection. After that, the buyers disappear or postpone the order. The testing company, on the other hand, left itself out and said that it was the seller’s and buyer’s business and had nothing to do with them.

Typical Features: Buyers are not picky about products, but insist on appointing unknown testing organizations.
If you meet a similar buyer, you can first search the name of the buyer and the name of the testing organization to see if you have been recruited by unfortunate friends. In addition, it can be agreed with the buyer that the seller can pay the inspection fee, but the inspection fee is deducted from the purchase price of the bulk goods after ordering. If you ask a few more questions, it is easy for cheats to show their feet.

Don’t you think cheats can take a fancy to this little money? Mosquito meat is also meat. Some swindlers went for thousands of small pieces. The victims even felt that it was not worth pursuing after being cheated, thus making the swindlers cheap.

02, cheat translation fee This is also a form of swindling “small money”. This form of swindling has existed for several years and has not stopped for several years. As the year draws to a close, this kind of “little swindler” has resurrected anyway, following the fish in troubled waters.
Typical routine:

The swindler added the seller’s contact information as a Chinese and provided business cards of overseas buyers (usually Middle Eastern buyers, because few people know Arabic). Then the buyer began to send e-mails to the seller, one by one looking sincere.

Then the contact person in China said that the buyer wanted to visit the factory. All the air tickets and hotels were booked and even the flight number could be provided. He is a minor language translator of the translation company and will accompany this customer to the seller’s side, but the seller is required to pay his translation fee in advance, which is not much, basically not more than 1,000 yuan.

If the seller asks why the buyer cannot pay the money, the middleman will find all kinds of reasons and then press whether he wants the buyer or not. If the seller is in a hurry for a while, it is easy to get paid. When you pick up the so-called “customers” at that time, you will find that you are completely stupid.

Typical features: Middle Eastern buyers need to see the factory, the middleman is a translator, and the seller has to pay for the expenses.

03, cheat goods This is a large-scale fraud case uncovered only a few days ago in Yiwu. Five containers worth 2.45 million yuan of goods were recovered.

The swindler company is called Yiwu Rast Import and Export Co., Ltd. At the end of November, a translator took two buyers to Yiwu International Trade City to place an order. He casually walked into a shop and said that the goods were good and there was no counter-offer. He immediately placed an order of tens of thousands of yuan. The translator told them again that the buyer’s shop was in France and business was doing very well. Money was not a problem. Don’t worry.

Under normal circumstances, the seller will not be so easy to win, but the swindler turned to give the seller a call, saying that the cabinet was not large enough and the order was reduced by half. The seller thought, where can cheats have this operation, isn’t it better to cheat as much as possible? Moreover, after cutting off half of the orders, the value of the goods was not too high, so they were credulous. The swindler paid only a deposit from 800 yuan and promised to pay for the goods in 20 days. After that, the seller sent 80 pieces of goods to the designated warehouse.
After the event, the seller responded that the situation was wrong and rushed to the registered address of the fraud company. At this time, more than 10 business households were already on the scene. After discussion, everyone felt that the company might be really deceiving the goods and called the police.

The police investigation found that the company started in October this year and did not register with the Market Supervision Bureau. The boss is Indian. From November to early December, the company arranged interpreters to accompany an Iranian customer and a Nepalese customer to the market to purchase goods worth more than 3 million yuan, including toys, hardware and daily necessities, from more than 100 business households.

The two foreign businessmen never bargain for orders, frequently change temporary interpreters, rent multiple receiving warehouses, and deliberately conceal their identities, claiming to be British and Canadian. Zhang also has a big problem. He intentionally conceals the identity of foreigners and the whereabouts of the goods and is suspected of fraud.

 

Original Artical,Author:China Trade Agent,if repost,please give references :https://offers-bg.com/a-new-scam-is-coming/

Like (1)
Previous November 12, 2019 4:33 pm
Next November 12, 2019 4:40 pm

Relevant Recommendation

  • What if the foreign trade bill of lading is lost? How to solve and deal with it?

    A bill of lading is a document that proves that the contract of carriage of goods by sea and the goods have been received or loaded by the carrier, as well as the carrier’s proof to deliver the goods. Since goods can only be extracted by bill of lading, bill of lading is of great significance in international trade, especially under FOB and CFR conditions, and is considered as the representative and symbol of goods. However, because only one set of bills of lading can be issued for one bill of lading, and the bills of lading are negotiable documents at the same time, the loss of the bills of lading will have a great impact on the development of foreign trade business, which may lead to the seller unable to settle the foreign exchange and the buyer unable to take delivery of the goods. With the continuous growth of China’s import and export trade, this kind of loss has occurred frequently in foreign trade companies recently. How should we deal with the loss of the bill of lading? There…

    November 9, 2019
    1.1K0
  • Foreign trade people must know 13 kinds of certification

    1、CE CE (Conformite Europeenne), CE mark is a kind of safety certification mark, which is regarded as a passport for manufacturers to open and enter the European market. All products with CE mark can be sold in European member states without meeting the requirements of each member state, thus realizing the free circulation of goods within the EU member states. In the EU market, CE mark is a mandatory certification. In order to circulate freely in the EU market, whether products produced by enterprises within the EU or products from other countries, CE mark must be affixed to show that the products meet the basic requirements of the EU Directive on New Methods for Technical Coordination and Standardization. This is a mandatory requirement for products under EU laws. The following products require CE marking: ◆ Electrical products ◆ Mechanical products ◆ Toy products ◆ Radio and telecommunication terminal equipment ◆ Refrigeration and freezing equipment ◆ Personal protection equipment ◆ Simple pressure vessel ◆ Hot water boiler ◆ Pressure equipment ◆ Pleasure boat ◆ Construction products ◆ In vitro diagnostic medical…

    November 9, 2019
    1.0K0
  • Alert! Foreign Trade Fraud Exposed

    It is often said that “if you walk along the bank, there are no shoes that are not wet.” After staying in the foreign trade circle for a long time, we may be able to earn a lot of money or accumulate a lot of important experience in doing foreign trade, but most importantly, we certainly have encountered some foreign trade scams. These foreign trade scams come in many forms, but there is always one common feature, which is to let you be caught off guard. Once you are cheated, you will rarely catch the scammers effectively. You will only have to take a “hard loss” and learn from your mistakes. You will be more cautious in the future foreign trade business to avoid repeating the same mistakes. However, there are too many forms of foreign trade scams. Some forms of foreign trade scams can really be falsified. Even some veteran foreign trade circles can fall into the trap of fraudsters, not to mention foreign trade novices. Therefore, I hereby summarize some common foreign trade scams and corresponding prevention strategies,…

    November 9, 2019
    1.0K0
  • Foreign Trader: How do you respond to foreign trade customers’ requests for price lists?

    My daily job as a foreign trade person is to receive inquiries, reply emails and quotations, but is your quotation effective? If the customer asks you for a quotation sheet, will you give it? Not afraid of losing a customer, but even more afraid that the customer will not reply. How do you deal with inquiries that are not valid or valid every day?Maybe a lot of people do this: 1. honestly do pricelist, try, anyway, no loss, maybe is your future customers 2. Let customers go to their websites and then tell you what products you are interested in and quote again. 3. Send him an electronic catalog so that he can choose his own products and report them again. 4. Select the most competitive products to quote to customers In general, customers ask for pricelist only in one of the following situations: 1. Be interested in your products and have a general understanding of the market situation. 2. I have been dealing with other related products for many years and feel that there is room for your products…

    November 12, 2019
    1.3K0
  • Do you know the reasons that affect the beauty of foreign trade websites?

    Many businesses have had such distress: after hard work to upload data, the website did not have a good design draft? After checking by UEESHOP designer, it was found that the problem lies in the processing of product drawings! In the Internet era when content is king, for most websites, products are the first content, and high-quality product display is the key to improving the conversion rate. How to better display products, make your website more professional, and let users have more desire to buy? This article can help you to reveal new ideas. 1. Shooting and revising pictures The principle of “clean and high definition, highlighting the main body” should be adhered to in product shooting. It is suggested to use solid color background or create simple scenes to highlight the texture of the product. White walls are a good background for shooting bulky products. After the shooting of the product is completed, it is necessary to simply revise the picture and restore the characteristics of the product as much as possible. Refuse to use the red filter, excessive…

    November 9, 2019
    9860
  • Perfect! This foreign trade export tax refund process will definitely be used if you study early

    Some small partners strongly demand to see the foreign trade export tax rebate process, then let’s meet today 1. Why is there an export tax rebate? The state will return the value-added tax and consumption tax actually undertaken in the domestic production and circulation links before exporting the exported goods to the exporting enterprises after the goods are declared for export, so that the exported goods can enter the international market at a price excluding tax and avoid international double taxation. Because foreign countries will levy value-added tax and customs duties on the goods we sold in the past, the tax burden on our exports will be zero, so that even if foreigners levy a tax, we can compete fairly with foreign goods. 2. foreign trade enterprises export tax rebate process Similarly, for export, production enterprises should go through the process of exemption, credit and refund, while foreign trade enterprises are relatively simple. Generally, export is exempt from sales tax and input tax is refunded. There are also those who are exempt from tax, such as small-scale taxpayers who have…

    November 12, 2019
    1.1K0
  • Matters Needing Attention for New Foreign Traders: Foreign Traders should Learn to Identify These 3 Common Traps

    Common Traps in Foreign Trade How to Identify Common Traps in Foreign Trade For many small and medium-sized enterprises, they want to get a “slice of the pie” in international trade and are often afraid of being cheated. In international trade, what are the traps that you may fall into, and how can your enterprise see through and avoid these traps at the same time … this is a problem. Today I will share with you three common traps in the process of foreign trade. Three Common Traps in Foreign Trade Trap ①: Foreign buyers demand credit Many enterprises are hot-headed at the sight of foreign businessmen demanding goods and fail to notice the hidden risks of payment methods. For example, some buyers allow enterprises to sell goods on credit. If they can sell the goods, they will give money. If they cannot sell the goods, they will keep a backlog and transfer the risks to the enterprises. recommends: L/C letter of credit is the best method of payment, and letters of credit issued by reputable banks are required, because…

    November 9, 2019
    9910
  • Foreign trade salesmen need to know what to do in advance in order to develop new customers in which places efficiently and accurately

    Foreign trade salesmen need to know what to do in advance in order to develop new customers in which places efficiently and accurately. Many foreign trade salesmen, both new salesmen and old salesmen, need to continuously develop new customers, because none of them have been doing business with you for a lifetime, so in order to ensure the continuous expansion of business, we must insist on developing new customers. However, the development of new customers is not a blind search for a needle in a haystack, let alone a boat for a sword. You must know in advance where your products are popular and in good demand in a region or country. The price and quality of your products conform to the consumption standards and affordability of that country. In addition, in order to better sell your products, as a foreign trade salesman, you must have a clear understanding of the production process, raw materials, product performance, uses, usage methods and characteristics of your products. Only in this way can you have a clear understanding of your development, and your…

    November 9, 2019
    2.2K0
  • Foreign trade bosses and bosses who want to transform into foreign trade should pay attention! These contents must be read

    Recently, a foreign trade person joined a company as a foreign trade manager and found himself taking over a mess after joining the company. Because the former foreign trade manager took the team and the customers with him when he left. although everyone left, the company’s platform still serves the former foreign trade manager more or less now! Why do you say that? Because the former foreign trade manager added picture links to more than 1,000 pieces of product information on the platform and linked them to the website platform he privately established. Before, the more important customer information was deleted, leaving behind some useless or low-quality customer information. The whole foreign trade department of the company can be said to be directly paralyzed. The boss stamped his feet in anger and cursed shamelessly! At this time, the landlord will ask, what kind of boss is this, who has given the manager so much time and done so many things, each product information is linked and linked to his own website platform, the boss did not notice at all, and…

    November 9, 2019
    1.1K0
  • Do fresh graduates want to work in foreign trade? This is the right thing to do

    Soon it will be the annual graduation season, and many graduates will choose to enter the foreign trade industry. For fresh graduates, after finding a good job and entering a factory or a foreign trade company, how to carry out the work next? If there is a teacher to take, of course, still listen to the teacher. Because the actual situation of each company is different, it is best to listen to the master from the reality. However, if there is no master or if the master does not teach sincerely, how to carry out the work of foreign trade novice. How can a novice carry out foreign trade work in a factory that has never done foreign trade? First, familiar with products Whether it is a novice in foreign trade or a veteran who changes jobs and products, to enter a new company, one must be familiar with the products. Conditional, as in a factory. You can go around the workshop more and ask the technicians more to know the basic information of the products. Then, we need to…

    November 9, 2019
    1.1K0