How can a fraudulent supplier be spotted
- Thread starter cherry123
- Start date
It is difficult to spot one that is for sure. Even receipts can be copied perfectly. I hope to read from others what are the steps to spot them
- Thread starter
- #4
Msybe more like asking others about the person reputation to find out in time if the person is trustworthy
What if that supplier does not stay in one store address. Or say uses bogus name and address. It is difficult for others to know who this supplier is.
- Thread starter
- #6
You might just have to find out from others he has done business with to ask.
That's it! Yes, we will play as investigator first. Which is a good thing to do in order to avoid him.
- Thread starter
- #8
Sure it is to investigate and be sure that the person is no fraud
- Thread starter
- #10
Exactly, you just have to watch out and see how the supplier is doing the business to spot the red flags
To know that a particular supplier is a fraud, you will need to confirm the legitimacy of the company you are receiving good from.
These days, most scammers are becoming so good that you might might not even notice they are fake. Everyday they are looking for new ways to scam others. Before investing, make sure you make serious research about the company before investing.
It is even good to ask from people to know if the person has supplied a product to them before so that you were able to know who the person is a scammer or not
A fraudulent supplier is always bugging you to make payments when the supply has not been done. Before you finish talking, the supplier has sent account number. It is likely a scam.
I agree that it is difficult to spot which one is a fraud. The sad part is to find out when they did not pay the products given to them. It means the check that they issued bounce back for not having the balance in the bank.
To avoid scamming by a fraudulent supplier, check the reports published by Consumer Council. The Council provides testing result of goods sold by different suppliers regularly. Do not pay until you check the goods supplied to you. But I think the best way is just to buy from suppliers with good reputation.
Please it is important to work with suppliers based on recommendation. At least, if it goes south, you can catch the referrer. And if possible, don't pay before delivery. They are sophisticated nowadays and might even pass every test.
I believe that one of the ways you will know that a supplier is someone who is fraudulent is when they fail to supply you of the product that you have actually paid for to be delivered to your location.
