[Asterisk-biz] Fraud Alert: CGC Technologies (HK) Limited & Digiumchina.com

[David Liu]

Yes Mark,

In many ways, I can only blame myself for letting this slip through.  
This is why its important to have someone on the other end to put a stop 
sign when things smell fishy.  They actually did give an upfront 
payment, but significantly lower than what we demanded.  They explained 
that's because their customer only gave them that much.  It's very easy 
to let these guys get through with when you handle the sales because you 
want to close the deal. 

Too bad when they didn't pay, they didn't say their customer didn't pay 
them! 

Yes technically the hardware and services are still our property, but 
the end user won't give it back to us, because to them they are not even 
dealing with us but CGC.  And they paid them in full! 

But anyway, I hope others in community can be benefited by knowing about 
this.  To the very least, do beware when dealing with middlemans.  The 
best would be just award them a commission when the project is completed.

David


Mark Phillips wrote:

> In many ways you only have yourself to blame.
>
> You should never have accepted the order for goods and services 
> without either some upfront payment or escrow type services. Even an 
> International Letter Of Credit would have gone some way to helping you 
> avoid this hole.
>
> Have you tried reclaiming the property from the end user? Technically 
> its still yours (your invoice did say that right?) until its paid for.
>
>