Category Archives: Scams

That order from China may be too good to be true

Unscrupulous “business people” in China have refined the so-called 419 advance fee fraud and taken it to new heights, making it almost indiscernable from a legitimate business request. Gambling on a success ratio of over 10%, they invest in the registration of a company with an export license, rented office and a young English-speaking team that is mostly unaware of their bosses fraudulent intentions. Most clever of all, often the scam is such that there’s no clear proof of a crime being committed, which means the same firm can do it again and again. Continue reading

Posted in Asia, China, Export, Sales, Scams | Leave a comment