Are you performing due diligence on Components Shop from Hong Kong who sells Electronic Components? If so, read on below to read one buyers experience when trying to buy Electronic Components.
You will also find some links to help you find more related information about Components Shop on Supplier Blacklist and on Google as well as other bad suppliers of Electronic Components reported here on SBL.
Room 1501, Grand Millennium Plaza, Lower Block, 181 Queen’s Road Central, Hong Kong, China
Initial contact with the supplier:
Type of product(s) being purchased:
Value of the Purchase Order when the incident occurred:
Under 1,000 USD
Destination market of order in question:
US or Canada
Type of Complaint(s):
Scams & Other Unethical Activities
Stage of relationship with the supplier at the time of the incident:
We requested a quote on two electronic parts unavailable at any distributors in the USA and available at inflated prices in China. We were provided a quote by “Dave Wang” (firstname.lastname@example.org). I was suspicious of their claimed large inventory and under-market prices and their fast delivery times, but we were desperate to obtain the parts. Their charge was quoted as $603.40 + $50.00 shipping. We were willing to risk this amount. Dave informed us that they would only accept payment by wire transfer since this was our first order with them. We were instructed to wire the money through The Bank of East Asia (acct 015-133-68-00989-4), Ltd to a company named KAOBAO ELECTRONICS CO., LTD. I was suspicious that this was a different name than Components-Shop.HK, and that Dave’s email domain was .com instead of .HK, but the two companies appeared to be legitimate. We received a pro forma invoice (number 210728025) from Dave, completed the transfer, and it was confirmed by email from Dave. He continued to correspond with us for a few more days, apologizing that there was a delay in shipment by DHL, because their supplier’s transport was damaged in a flood, and they had to wait for a new shipment. He said that would take 2 more days, and then he would notify us of the tracking number of the shipment. He then went silent and has not responded to email inquiries for several days now.
I learned to trust my instincts regarding unusually low price quotes and claims of large inventories of scarce or non-existent products. When quotes seem too good to be true, beware. We will also never again pay in advance to a company we haven’t previously done business with. It is also a good reason to be cautious when your contact is using the name of a Chinese celebrity (Dave Wang). We should have checked that name before ordering. When ordering from a new supplier, it is wise to start with a small purchase to verify that they will follow through. Fortunately, our first attempted purchase was only for $653.40. We knew there was some risk, but this amount was small enough that we accepted the risk.
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