How To Identify Fraud Pet Businesses

In 2002, my brother & I embarked on a new business venture, a cat litter box, This product is our own creation & has begun to sell well throughout North The united states. But with growing popularity comes increased risk. They began to notice that every now & then they would get an inquiry from someone claiming to be interested in purchasing inventory. Most often they were located in India or Australia or some place like that. Seldom from North The united states!

These days everyone is on alert for scams. It's become impossible for you to keep up on all the potential dangers. New businesses are at high risk & must guard their company information. Protecting their customers as well as themselves.

Fraudulent parties looking to prey on unsuspecting businesses, they have received huge cheques in the mail & credit cards. All turned out to be a scam.

Here are some precise things to look for if you suspect a fraudulent transaction.

In our case, the purchasing party responded with short responses & tiny information about their company. They ordered a huge quantity of the product & said they would pay & provide the shipping. The scam was; after providing payment (a cheque), they instructed me to deposit the cheque & withdraw the cost of shipping in money. A number determined by them. Then the instructions were to make payment to the shipper through a third party money transfer centre. The freight funds actually was being sent back to them. They would seldom pick up the order, no shipper would come. & the cheque? It of coursework would bounce. They banks won't reimburse you for such fraudulent transactions; & you are out the cost paid for shipping, when the cheque is reversed. Luck for us, they did not make the transfer!

1. Are they asking to provide there own carrier? The majority of business owners, (unless very huge) will ask your company to ship. Not provide their own.
2. Are they sending all the funds up front. Usual business practice is to with hold a percentage of the payment: to be sure the shipment is received in nice order.
3. Are they asking you to pay their third party shipper through an "instant funds transfer". Most of the places that transfer funds do not offer any protection to the sender. How do you know who is receiving the funds.
4. Did they order a huge quantity of product without even seeing it?
These are some of the warning signs that the transaction you are involved in, may be a scam.

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Business owners beware! Businesses, little ones are preyed on. The pet industry is not excluded, but they continue to strive for safe business transactions between ourselves & pet owners.

Barb Bruce