Warning Signs of a Chinese Scam
Sound too good to be true? Then it probably is!
Seven "Warning" Signs of a Chinese Scam
- The Chinese company contacted you via the web
- The Chinese company has "Import/Export" in their name
- They want to purchase a very large volume of goods
- They insist that your senior executive travel to China immediately to sign the contract with them in person
- They request money prior to the trip to pay for a reception in your honor, and/or, once in China, they request money or goods to "grease the wheels" with local officials
- They have been in business for less than one year
- They can provide no verifiable references
The above list provided courtesy of GLOBIS of Chicago, IL. For more information on GLOBIS and a full listing of services offered to companies, please visit their website at http://www.glo-bis.com or contact Ms. Louise Kern at 773-220-4000.
For additional information on avoiding overseas fraud, please contact your local trade specialist.