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NEW FRAUD CASES TARGETING EU COMPANIES ENGAGED IN FASTENER TRADE WITH CHINA

From: Suzhou Hongly Hardware Co., Ltd  Date:2023-08-09 13:36:10  Hits:304  Belong to:NEWS

A new type of fraud targeting EU enterprises engaged in fastener trade with China has emerged. Please pay close attention to relevant enterprises:

The fraud process is as follows:

(1) The fraudster registered two companies in Hong Kong, China, namely

YOUWEE INTERNATIONAL TRADE CO., LTDhereinafter the “YOUWEE”

SUZHOU HONGLY HARDWARE CO., LTD hereinafter the “HONGLY-HK”
HONGLY-HK is the same English name as the company, “SUZHOU HONGLY HARDWRAE CO., LTD” which is registered in Chinese Mainland (Suzhou City, Jiangsu Province) (hereinafter the “HONGLY-SZ”), but they are not the same company at all. HONGLY-SZ received 39.6% EU anti-dumping duty on fasteners in February 2022. While HONGLY-HK has nothing.

(2) This fraudsters list the above two companies on their website “http://www.tlfast.cc” to deceive EU customers. In addition, they declare on the invoice that their products are manufacturer by SUZHOU HONGLY HARDWARE CO., LTD (TARIC CODE C841). While the taric code C841 is issued by EU for HONGLY-SZ, not for the HONGLY-HK.

(3) The fraudster opened two offshore accounts in Yiwu, Zhejiang Province, Chinese Mainland with the above two companies, as follows:

A. YOUWEE INTERNATIONAL TRADE CO., LTD
BENEFICIARY NAME: YOUWEE INTERNATIONAL TRADE CO., LTD
ADDRESS: No. 1045, Jiusha Road, Jianggan District, Hangzhou City, Zhejiang Province, China
BENEFICIARY BANK: ZHEJIANG CHOUZHOU COMMERCIAL BANK
SWIFT BIC: CZCBCN2X
A/C NO.: NRA15628142010500000897BANK
BANK ADD.: YIWULEYUAN EAST JIANGBIN RD, YIWU, ZHEJIANG, CHINA

B. SUZHOU HONGLY HARDWARE CO., LTD
Add: No. 2666, Deshengdong Road, Jianggan District, Hangzhou City, Zhejiang Province, China
BENEFICIARY NAME: Suzhou Hongly Hardware Co. Ltd
ADDRESS: No. 2666 Deshengdong Road, Jianggan District, Hangzhou City, Zhejiang, China
BENEFICIARY BANK: ZHEJANG CHOUZHOU COMMERCIAL BANK
SWIFT BIC: CZCBCN2X
A/C NO.: NRA18801382010500004070 (for EURO only)
A/C NO.: NRA1880114210500015499 (For USD only)
BANK ADD.: YIWULEYUAN EAST.JIANGBIN RD.YIWU. ZHEJIANG. CHINA

(4) The fraudster used the company YOUWEE to contact EU customers, and falsely claimed that HONGLY-HK is a partner of YOUWEE and has 39.6% anti-dumping duty for the EU anti-dumping policy on fasteners.

Actually, HONGLY-HK just uses the same name as HONGLY-SZ in purpose of deceiving customers.

HONGLY-SZ has discovered the fraudulent means of the above fraudsters and has urgently contacted the EU anti-dumping agency and submitted a whitelist of their true customers. Customers who are not in the whitelist will pay anti-dumping duties in full and cannot enjoy the 39.6% anti-dumping duty of EU fasteners.

HONGLY-SZ's accurate information is as follows:

NAME: SUZHOU HONGLY HARDWARE CO., LTD
ADDRESS: NO. 125 SONGSHAN ROAD, SUZHOU, JIANGSU PROVINCE, CHINA (Our company is located in Suzhou, Jiangsu Province, and our bank is also located in Suzhou, Jiangsu Province)
TEL:+86-512-68091380, 68091390 (0512 is the area code of Suzhou City)
FAX:+86-512-68081370
Email: 2016@anchor.com.cn
Website: www.fastening.com.cn

HONGLY-SZ has not opened branches or bank accounts in other cities except Suzhou.