As reports of scams on some trading sites continue to grow, it is natural to be concerned about credibility. Mounting complaints have become so widespread in the case of Alibaba, that its CEO and COO resigned a few years ago, due to a “systemic breakdown in [the] company's culture of integrity.” Based on the results … Continue reading How to Avoid Online Scams and Why Verification Matters
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Make every effort to setup a face to face meeting with the buyer/seller and meet them personally. In addition, carry out detailed background checks on every new buyer or seller you meet online. This can be done by making use of third party agencies such as DnB or even the embassy of the country the party belongs to.