1.Fully registered a NEW small trade company in Hongkong, with a created address and a created company name in Mainland China. Please note that they will use 'fake’identity cards to register the offshore trade company in China as well.
2.Leased a luxurious office temporarily, with at least three ‘actors’, one is to act as a‘president or CEO’,one acts as a financial director and the other acts as an‘importer manager’or assistant.
3.The offer (contract value) is very attractive and huge, valuing more than 1 million USD at least or half a million of USD, with favourable payment terms,say, 30% in advance by T/T within 24 hours upon the signature of the contract in person.
4.Claimed to be a big group company, with a wide range of business: trade, distribution, investment, manufacturing and so on. They claim to import all kinds of items from other countries.
5.Constructed a website, with many items on, disguised to be a group company online. They used an official company email box as well.
6.Used automatic Group Mailing system and they can sent tens of thousands of emails every day. If the receiver responds, then a guy will follow up by email and the trap begins. They never attend the trade fairs or shows in China.
7.Insist on signing the contract in person in China and they will invite you to attend their so-called Contract Signing Ceremony.
8.Insist on NOTARIZING the contract and they will appoint (designate) a local Notary Office (but normally this notary office is a NON-EXIST one in China.).
9.Used‘fake’Chinese invoice and Chinese official licenses.
10.Used‘fake’signature, they do not sign their names in full.
According to the case-reports from our clients so far, 99% of above notorious scammers are from Shanxi (Xi’an), Henan (Zhengzhou city) and Guangxi (Guilin city) etc, China at present.
First: Use automatic group mailing software to send you attractive offers and inquiries, with created official websites and email boxes. Formal documents, formal address, websites and bank accounts etc, everything seems to be normal.
Second: Invite you to sign a formal Purchase Contract in person in China.
Third: Insist on notarizing the contract and they will use a non-exist notary office to notarize the document, then all the notary fee will be in their pocket.
Fourth: Asking you for‘kickbacks’or‘bribes’in lot of 'pretexts’in China.
Fifth: After they get all those money, they will disappear and replica the scam again.
What are the Countermeasures against these Professional Business Fraudsters?
Second: Book a professional Company Verification or Investigation service from a third-party service company, checking them out before further discussion.
Third: Appoint a local representative and visit them first before your departure to China, they are NOT able to cheat local experts. .
Fourth: Never pay anything before receiving the deposit from the importer.
No matter you're buying or selling, Due Diligence work is always important in China. Think it over before you pay out even one penny !