Trade fraud: how not to be a victim

Published: 17 Mar 2009 22:20:47 PST

As we take seriously all matters of trade fraud, we are continuing to develop resources to make your business dealings as safe as they are effective. Because information and education are your best protection, we have identified a number of crucial tips below. If you would like to read related articles, please click on the link(s) provided.

Tips

1. Qualify buyers informally by assessing their communication methods (read more) and requests. The more specific they are, the better they probably are. Read more…

2. Qualify Buyers formally by requesting business, bank or credit references (read more) and by doing further investigation (read more)

3. Resolving payment disputes with buyers. When things go wrong, you do have recourse, both in your own attempts at resolution and in seeking assistance. Read more…

4. Avoiding importer fraud requires vigilance and education. Paying attention to and researching the possible ways fraud unfolds is a first step to avoiding it. See an example of an import fraud here