QingDao Fumada Import & Export Co., Ltd.
QingDao Fumada Import & Export Co., Limited
Room 218 No.232 Weihai Road Shibei District, Qingdao City, Shandong, Qingdao, China
Initial contact with the supplier:
Online Supplier Directory
Type of product(s) being purchased:
A4 Copy Paper
Value of the Purchase Order when the incident occurred:
25,001 to 100,000 USD
Destination market of order in question:
Type of Complaint(s):
scams & other unethical activities
Stage of relationship with the supplier at the time of the incident:
Via Alibaba.com I got an email from Ms.Claire Wang (Sales@fumada.net) and she offered me good and attractive price for A4 Copy paper. She sent me samples to my home in China. Samples were excellent. I asked for Payment Terms and she insisted for 30% in advance and 70% against the documents. Then we agreed on 100% irrevocable L/C at sight. I was satisfied with terms of Payment. I asked them for sending again samples of the product with sign and seal of the company stating that final shipment will be same as samples and she did as per my wish. My order was 4 containers, she sent a fake BL and other documents to my bank in Pakistan and my bank released the money to her bank named, HUA XIA BANK, QINGDAO BRANCH. I checked the BL online with Cosco Shipping line and there were 4 containers on board from Tianjin port of China ( XINGANG PORT ). One Container reached on 18-5-2016 at Karachi port and I tried to get the container but I was told by Cosco that my company, Bizturk International (Pvt.) Ltd. is not a Consignee as per vessel manifest and BL is fake. Balance 3 containers are arriving in Karachi port on 02-6-2016.
Don’t trust anyone and must check Consignee and shipping details before releasing funds.
Beware of low price offering parties. Better to use Alibaba payment system. Must inspect the factory and shipment by yourself and Better to fix the terms FOB instead of CIF or CF or CFR and use your own shipping agent.