SUPPLIER BLACKLIST

International Blacklist of Bad Suppliers
  • Facebook
  • Twitter
  • RSS
User-generated list of unsafe suppliers.
  • Home
  • Rules
  • FAQ
  • The Blacklist
  • Report a Bad Supplier
  • Support Services
    • Loss Prevention and Safe Sourcing
    • Loss Recovery and Help for Victims
  • About
  • Blog
  • Log in
  • Home
  • Blacklisted Suppliers
  • Vgate Technology Co., Ltd. – Formerly MB Technology

Vgate Technology Co., Ltd. – Formerly MB Technology

Posted on May 24, 2014 by SBL in Blacklisted Suppliers - 2 Comments

Vgate Technology co ltd (formerly MB Technology)

Buyer’s Nationality:
United Kingdom

Seller:
Vgate Technology co ltd (formerly MB Technology)

Seller Website:
www.vgate.com.cn

Seller Address:
421,4th Building.Second industrial park, ZhuGuang,XiLi, NanShan District, , ShenZhen, GuangDong Province, 518000, China

Initial contact with the supplier:
Search Engine 

Type of product(s) being purchased:
Car diagnostic tools

Value of the Purchase Order when the incident occurred:
12,001 to 25,000 USD

Destination market of order in question:
Western Europe

Type of Complaint(s):
scams & other unethical activities

Stage of relationship with the supplier at the time of the incident:
More than 10 orders had been placed with this supplier when the incident occurred

User Experience:
We had been dealing with this supplier for 8 years. Their products were good. I can only assume the company is in financial trouble and has started committing fraud. Avoid. We placed our order and sent payment as requested. The company then claimed their email account had been hacked and the bank details we were sent with the Proforma were fraudulent. Our money was lost. Our contacts in Vgate did not seem to be troubled by the ‘so-called’ hacking of their emails or the loss of our money. They would not even report it to the Chinese Police for us.

Vgate told us that our custom designed products were made and ready to dispatch in 2 weeks but payment was missing. Once we established the payment details provided were fake, they did not seem concerned to be sitting on 1000 custom made product cases, boxes, manuals and PCBs. I am certain the products were not made and believe Vgate executed this scam and fraud. If they genuinely had products made for us, I would expect to them to offer us a deal to cover their costs. What use are custom branded products to others? – as it stands we have walked away and will never use this supplier again.

We have since discovered that bank details supplied by another of our contacts in Vgate for an order in 2013 – one we fortunately did not proceed in placing – were also fake. Again they claim hacking. Avoid this supplier and these people.

Contact name: SHEN CHANGYUN (Sunny), email: cszmbtech@126.com
Contact name: Selina Hu, email: cbtselina@gmail.com

User Recommendations:
I will not trust any China supplier in future. Regardless of the length our our trading relationship. Assume every proforma invoice is ‘hacked’ and check the details very carefully. We learned this lesson the expensive and hard way.

 

china supplier, Chinese Police, commited fraud, financial trouble, fraud, fraudulent, MB Technology, scam, Shen Changyun (Sunny), Vgate Technology Co

2 comments on “Vgate Technology Co., Ltd. – Formerly MB Technology”

  1. admin says:
    August 30, 2014 at 8:48 am

    Readers,

    The situation described by Sunny and the UK buyer is very similar to two common scams explained at CSIC:

    1. Zhejiang Screwjob: http://chinasourcinginfo.org/2013/04/30/move-over-shanghai-surprise-meet-the-zhejiang-screwjob/

    2. Shanghai Surprise: http://chinasourcinginfo.org/2013/01/01/factory-email-hacked-29k-usd-stolen-from-buyer-how-to-avoid-it-happening-to-you/

    The links above explain what happened and how to avoid it happening to you. Please please please verify that the name on the business of the supplier matched the name on the bank account where you are sending money and AVOID SENDING FUNDS TO A PERSONAL ACCOUNT!

    Be safe!
    Admin@ Supplier Black List

    Log in to Reply
  2. vgateisinnocent says:
    July 29, 2014 at 9:34 am

    Dear Sir or Madam.
    This is Sunny who it the manager of Vgate Technology Company, we got the information from Google that somebody put the slander of our company on some websites. For this, our CEO feels sorry but disappointed about that. We believe that when you learn about the case deeply, you will trust us, and think it is a misapprehension between us.

    On February 14th, 2014, Grant used his Email (grant.gXXXX@hotmail.co.uk) to connect me to order 500 GCR25 and 1000 ELM327. When we had an agreement on purchase contract, Grant said he will remit 19,800 dollars to our Hongkong HSCB account (HK Vgate Technology.Co.Ltd) on 8th March. But we found we had not received the remittance until May 10th. During these days, I received the Grant phone call because of the language; we decided to use email to hold trade talks. So I sent email to Grant to tell him we did not receive the remittance, and it will affect deliver goods to them. Then Grant replied to me “You will receive money soon. Confirm attach for details”. We found something unusual, so I asked my friend Dong to call Grant, then we saw light suddenly that we were all cheated by online fraudsters.

    From February 14th, online fraudsters used czsmbtech@126.com and grant.XXXX@hotmail.co.uk to send email to Grant (grant@gXXXX.co.uk) and me (cszmbtech@126.com), and they provided a bank account to Grant, so you remitted 19,800 dollars to fraudsters’ account.

    To this case, there are some details that I must point out. Firstly, on February 12th, Grant used grant@gXXXX.co.uk email address to send email to my email (czsmbtech@126.com), but after February 14th, I received “Grant’s” email from grant.gXXXX@hotmail.co.uk address, and Grant received the “Sunny’s” email from czsmbtech@126.com.

    We can find both these two email addresses are so familiar to our addresses and it is really hard to find the difference between them. Secondly, before February 12th, our business is responsible by Selina Hu, however, two months ago on December, she resigned from our company. At the beginning, I suspected that she did this thing, so I connected to her and tell her this case is seriously, if she did you would be put into prison. She told me she did not do that, and if there are any evidence alleged her to do this, she was willing to bear the legal liability. Then I asked my friend Dong to call Grant, and we knew Grant remit money to ICBC account (62148501201207781) where is located on Guangzhou, and the payee is Wen Qing Jun.

    Finally, I went to the local police on May 12th, but the police said I am not the party to this case, they cannot register. We will cooperate with your company’s investigation and provide clues and evidence.

    It is really sad for me to know your company has lost a lot of money because of online fraud case.

    Actually, I want to help you get back this money. I sent several emails to Grant (grant@gXXXX.co.uk), but he did not give me the reply. Our company Vgate put the credibility and product quality in the first place. Meanwhile, we are committed to being a global brand. So we will never ruin our corporate image. We have cooperated 6 years, and we have a good cooperation relationship. We really want you to change the evaluation of us.

    Manger of Vgate
    Sunny Shen
    July 28, 2014

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

LOGIN OR REGISTER

If you would like to report a bad supplier and/or get full access to all listing and entire case notes, going back to 2012, simply sign up as a free user account via the “LOGIN PAGE” page. Then click the search button and enter your keywords or a company name into the search box.

tips-for-getting-money-back-from-bad-suppliers-supplierblacklist.com

tips-for-avoiding-scams-and-bad-suppliers-supplierblacklist.com

ALERT: Ignore anyone that contacts you with an offer to adjust a listing on this website in exchange for a fee.

Tags

Alibaba bad supplier blacklist Blacklisted Blacklisted Supplier buy from China buy in China china Chinese company chinese supplier Chinese suppliers Company in China compromised intellectual property contract violations electronic components Electronics Electronics from China fraud Germany Guangdong Hong Kong how to India lack of labor Ltd missed lead times Online Supplier Directory other unethical activities safe scam scams ShanDong Shanghai shenzhen sourcing supplier supplier blacklist Supplier in China Thailand unethical activities United Kingdom United States verif supplier china verify Zhejiang

SITE RULES & DISCLAIMER | ABOUT US

No part of this website may be reproduced, stored, or transmitted by any means – whether auditory, graphic, mechanical, or electronic – without written permission. Unauthorized reproduction of any part of this website is illegal and is punishable by law.

© 2021 SUPPLIER BLACKLIST

Login

HomeRegisterLost password

Logout

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

HomeLoginRegister

Reset Password

Enter your new password below

Strength indicator

Hint: The password should be at least seven characters long. To make it stronger, use upper and lower case letters, numbers and symbols like ! " ? $ % ^ & ).


HomeLogin

Register

A password will be e-mailed to you.


HomeLogin

xCUSTOM

Your custom content goes here.