Increase awareness in fraudulent credit card order scams.
To all wholesalers and distributors, increase
your awareness in fraudulent credit card order scams in light of a growing number of
instances seen over the past few months. Manufacturers have encouraged
distributors to take proactive steps to verify any credit cards as the payment
method in order to minimize the cost and exposure to distributors.
Be aware of these conditions when a customer looking
for request for quote via e-mail or fax with SQE, SQ, and SQ Flex product. The
most common requests come in asking for all of these product types on one
request. Each case has been very similar as an order comes into a partner using
a credit card for purchase. The initial run of the credit card comes back
However, once the customer's credit card has
been charged for the full amount (after shipment) the card is declined because
it has been stolen. If someone you don't know is purchasing a large amount of
product using a credit card make sure you validate the credit card by calling
the credit card company and/or running the credit card for the full amount
before the product ships.
Wholesalers/Distributors Credit Card Scams On The Rise
February 19, 2009