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Monday, May 7, 2007

Guilin Youlianshiye Co. - Chinese Purchase Center Scam

This is cute. We received a purchase contract from Guilin Youlianshiye Co. in Guilin City China for $234,000. They want to buy and they invited us there for the signing. They actually think we'll go


So how to spot this scam?



1. If the correspondance is done through Hotmail email accounts, the emails on the website (www.chinaglyl.com) are ALL Hotmail - then something is wrong! If a company can purchase $234K and can't afford a professional email address then they're full of #$%^!

2. Too Good To Be True Rule - If you think the order is just too sweet - it is!

3. Travel Demand - When a company refuses to close a deal if you don't travel to them to sign then something is wrong. We sell worldwide and the opposite is usually the case. If someone purchases from you they want to come and see where YOU manufacture - not the other way around. EVEN if they are Chinese...

4. Check All Credentials: Import License, Business Certificate, Ask for trade references.

5. NEVER make any sort of payment. No discussion until the initial payment is made and always as a wire transfer.

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