Our China lawyers have over the last few months have been getting way more than the usual number of emails and phone calls from foreign companies (U.S. and European) telling us they’ve been scammed or seeking our assistance in determining whether they are about to get scammed. Anyway, in recognition of this recent increase in
Over the last couple months our China lawyers have seen a massive increase in emails and phone calls from companies (mostly U.S. but with a much larger percentage of Mexican and European than in the past) telling us they’ve been scammed or seeking our assistance in determining whether they are about to get scammed. And
We constantly write about this particular China bank scam because our international lawyers constantly get contacted by smart companies that have fallen victim to it. I personally received two emails in the last month from companies bilked out of between $65,000 and $155,000. Last year the Wall Street Journal wrote about how there has been
Our China lawyers have over the last few months been getting way more emails and phone calls from foreign companies (U.S. and European) either telling us they’ve been scammed or seeking our assistance in determining whether they are about to get scammed. Anyway, in recognition of this recent in scamming, I am writing (again) about
Our China lawyers have over the last few months have been getting way more emails and phone calls than usual from foreign companies (U.S. and European) telling us they’ve been scammed or seeking our assistance in determining whether they are about to get scammed. Anyway, in recognition of this recent increase in scamming, we are
baking powder. One very savvy chemical industry client once told me that “more than 95% of the China companies selling chemicals online are fraudsters and many of these companies are not really even in China.” I have no doubt this person was exaggerating for effect, but another such person I know insists the percentage does
Though my law firm constantly gets calls from companies scammed in their China dealings, it is rare that I learn of three scams in one week (and it is only Wednesday). It is also rare that they are as interesting as the ones I will be describing. Add in this Reuters article from yesterday that
In yesterday’s post, Mathew Alderson wrote about how Beijing IP Court statistics released during the UK-China IP Symposium he attended in Beijing on November 1st. Mathew concluded his post by noting the following: These statistics and the underlying cases on which these statistics are based tell us that foreign companies can prevail in intellectual property
The other day I wrote a long post (with a long title), China, The World, Greed, Cognitive Dissonance, The Best and the Brightest, and Why People Seem to Encourage/Almost Enjoy Getting Scammed, on why people are so susceptible to getting scammed. My thesis is that once someone has convinced themselves their deal is lucrative, they
We long ago instituted the rule that if we got three blog comments and/or emails on a subject in a week, we would write about it. We have received three emails and one comment from people about to get scammed by a classic (but obviously resurgent) China scam. The below email came in today: So
