Scam Details

Cold Call Supplier Scam

Business opportunities aren't all they seem

WHAT IS A COLD CALL SUPPLIER SCAM?

You run a trading firm and get a call from a person overseas offering you exclusive rights to sell a product in Singapore. You accept the offer and shortly after receive a large order for the product, which actually comes from the scammers. To fulfil the new “order”, you order and pay for the products. The products never arrive and the scammer disappears.

Look out for these scam signs

Stranger from overseas offering business opportunities

Strangers on the phone, particularly if they are overseas, offering attractive business opportunities should be treated with suspicion.

How to stay safe

Check the credibility and identity of the person offering the opportunity. Research the company and address, especially if they are based overseas.

Look out for individuals who refuse in-person meetings.

Cold Call Supplier Scam: Real Stories

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24 Jul 2024 | Cold Call Supplier Scam

Beware of Bulk Orders Purchase scams

I have been the victim of a scam involving individuals posing as contacts from River Valley High School. A man named Mr Tong claimed to be a teacher assigned by the headmaster to contact me, stating I…...

23 Jul 2024 | Cold Call Supplier Scam

Beware of Bulk Purchase Orders scams

Our company received a call from Mr Chen, who claimed to be a teacher from "Hwa Chong Institution". He mentioned that the school needed renovations and asked for a site visit and a quotation. The following…...

22 Jul 2024 | Cold Call Supplier Scam

Beware of Bulk Purchase Orders scams

Our company received a call from Mr Deng who claimed to be a teacher from Hwa Chong Institution He mentioned that a parent had introduced our products and services to the principal and the principal wanted…...

GET SCAM-RELATED ADVICE: CALL 1800-722-6688 (Mon-Fri 9am-5pm, excl. PH)

GET SCAM-RELATED ADVICE:
CALL 1800-722-6688
(Mon-Fri 9am-5pm, excl. PH)

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ScamShield blocks messages and calls from numbers known to be used in illegal activities.

Find out more at scamshield.org.sg.