Dossier Romania: it never ends

From: May 03, 2021

This is not the first time we have written about it and it certainly won't be the last. We are constantly receiving signals from various Romanian criminal parties who are searching for new suppliers. They are no longer just acquaintances from the Bucharest circuit, but are active throughout the country.

Romania is a very large country with many large towns. The methods used are very diverse:

- We often see applications that are simply an exact copy of previous applications, only a different email address. It is almost always about medium sized shipments, two times a week. Not too big and not too small, very tempting.
- Identity fraud: also, quite often a false name is used of a reputable company (often from another industry) that has been in business for years and has filed good annual figures.
- A fantastic story is told why this particular debtor is the only good company in Romania.
- Several references are given from reputable suppliers they have been doing business with for years, which of course isn’t true.
- The standard story: start with a few advance payments, then slowly increase the limit and when the amount is high enough, stop paying and disappear.

Doing reliable credit research is absolutely important, because very often AgroCheck pick’s out the scammers very quickly because we already know the addresses or people, or we see that the company is owned by other people than they tell you. Scammers are very resourceful, but we also have a lot of knowledge and can definitely assist you to prevent damage.

You have been warned… We advise non-members to consider an AgroCheck membership. From only $450 per year you get full access to our database (35,000+ companies) and Warning list (2,700+ companies).