The United Arab Emirates is an open and free Muslim country in Mid-East. Due to its steady-going economic policy, attracts many foreign customers have the trade activities here. Of course, all types of commercial fraud come into being under the basis of these economic environment. The usual ways of the frauds as follows:
7l&l-m,{1I!~!Wforum.fobshanghai.combusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business9\&@&f(n5d/d5\
(1)Post-dated cheque, release cargo unless check the bill. Such purchase merchant, will give you 15 or 20days post-dated cheque, and the bank will withdraw cash to you in that period. But the merchant declare bankruptcy immediately after received the goods, bring economic losses to the seller.
5^3c5q+l&\0q%zAdvice one: don't accept the trade form with post-dated cheque from any customers easily.business forum,trade forum,business opportunity,Business China,Business India,Brazil business$q9Y8V-I-[/X%N u8n0X
-\1?7|8I8[5R:e6Y
(2)Soft clauses constraint attached to credit. The merchant will give you an irrevocable sight L/C, but it some clauses included, such as, they will sign the bank documents after error-free inspection, or others like that. Those clauses as a matter of course, but they didn't inspect when the goods arrived the port, or raised an objection to make seller cut the price of goods, thus causing losses.FOB Business Forum is the largest exporter based online community.*R N7q4Z/{9L:V/k(f,L
Advice two: don't accept any additional soft terms of any credit.FOB Business Forum)r$L3c)f/b
%i+_"l.[0Y;`#H9p
(3)Partial cash advanced, the residual balance after receiving the goods. The merchant will give you 20% or 30% cash advanced, goods be put into storeroom after arrived, then payment by installment. But after 40% or 50% of the whole sum, they will abscond with those goods or get away after sell it at a lower price, cause sacrifices for the suppliers.business forum,trade forum,business opportunity,Business China,Business India,Brazil business8Y.B7Z&R2n,o
Advice three: never abandon your principle to any unreasonable demands.business forum,trade forum,business opportunity,Business China,Business India,Brazil business/d#J+Q4k-r2X ]
business forum,trade forum,business opportunity,Business China,Business India,Brazil business%X+Y6w)k/Q'Y+} A5W
(4)Establishing company by joint stock, provide attractive jobs. Those merchants will attract you a green card of UAE if you can give him thousands of RMB. But, it is just a a tourist visa for only $100-$200, with 30days validity. They always will told you that it is a long-term visa, and you will find the fact after entry the country, but the the swindlers never to be found again.FOB Business Forum is the largest exporter based online community.0})K6b)I%F(d7D$v$d
Advice four: Never trust the swindler who gives you sweet words.(N't*P+\)C.j.k
"R#B(m7e3y6|Actually, those common swindlers can easily been seen through. As long as having an active mind, don't covet petty gain, and stay a regular contact with those companies, the real features of the swindlers will be recoginized easily, then you can avoid the loss.
