Not long ago, a new scam in the LED foreign trade industry was exposed on LED industry forums and industry WeChat circles. According to the parties involved, many domestic suppliers have been fooled, and the amount of fraud has reached 10 million yuan.
The scammer is very thoughtful, disguises himself as a customer, makes generous payments, and sets up a scam
It is reported that the scam is a gang operation, and the scammer is very thoughtful and secretive, setting up a trap and waiting for the supplier to get inside. The scammers have a clear division of labor. A scammer will pretend to be a buyer, inquire and place orders with LED foreign trade companies and make payments. There is nothing unusual about these processes. But when it comes time to pay, the scammer will pay more than the value of the goods, and the payment will be from a third-party account. Foreign trade companies often think that they have already paid and can rest assured, but at this time the scam has just begun.
After making an extra payment, the scammer will contact the supplier and ask the supplier to refund the extra payment. He will take the opportunity to say that a certain supplier in China does not have a US dollar account and needs you to transfer the payment on his behalf. So you naturally transfer all the excess payment, that is, the balance, to the account of a domestic supplier he said (actually it is another scammer's account). For the purpose of long-term cooperation, foreign trade companies easily agreed to the requests of scam buyers. If everything the liar did before was foreshadowing, then it’s time to reveal his true face.
When you think everything is settled, the scammer buyer takes away your goods, and another scammer's account also receives the payment from you. At this time, a scammer will immediately jump out (usually the owner of the account that paid you) to report the crime, saying that he was deceived and transferred the money to your account. The scammer who pretended to be a customer and purchased your goods has long since disappeared. All that remains is the fact that the money was transferred from a third-party account and you were charged with fraud.
Scammers are very sophisticated and companies are hard to detect
The scammers are very clever and the foreign trade companies that have been deceived have nothing to do. The following is an example of a party being deceived.
According to the person involved: “The South African customer placed an order of 2,000 US dollars and paid an extra amount. Later, they requested that the extra payment be converted into RMB and refunded to their designated domestic account (but the person who made the payment and the person who placed the order were not the same company, and the person who made the payment was is a company in Australia), when you give them the goods and excess payment (the goods will be picked up by the company in a hurry without signing the order), there will be a company in Qingdao in China saying that his PI has been changed to our company's account number, causing their customers to The bank transfer will be sent to our company. The bill will be exactly the same as the bill we previously traded, and then you will receive a letter from the Hong Kong bank asking us to authorize the refund of the entire amount (the reason is that the Australian side has no business transactions, and the wrong payment is required to be refunded unconditionally). At the same time, Qingdao will continue to call us and harass us for a refund. If all is returned, the damage will be great. If not, the Hong Kong account will be closed and the Hong Kong police will investigate. "
Nowadays, deception techniques are constantly improving with the development of society. What foreign trade companies can do is to prevent the slightest mistakes and be more vigilant. When they feel that there is doubt or unreliability, they must take timely measures to prevent scammers from succeeding. If necessary, you can report the crime in advance.
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