I have been cheated USD32,000 by a hacker. Hacker entered in between my email and my supplier and it was very hard to discover. I thought I was in contact with my supplier and transfered the funds to the hacker’s account. Is there a way to trace that transfer? I have all the bank details.
I am sorry to see you are the latest victim of this scam which is becoming more and more common. Here is a blog post we did advising readers about the scam and offering tips to avoid falling into the trap: Factory email hacked. 29K USD stolen from buyer. How to avoid it happening to you.
Unfortunately, it is highly unlikely you will be able to track down the scam artist even if you have their name and bank details. In some of the other cases, the fraudster used a fake name and fake ID to open the bank account. Once the funds arrived, they closed the account, took the money and disappeared.
For your reference, while the supplier is not legally liable, I know of a case where the same thing happened, but the supplier felt bad for the buyer and because the buyer was an important customer, the supplier provided some compensation to the buyer. You should also talk to your supplier about getting the police involved.
Sorry to learn of your case, wish I had better news for you.
Hope the above information helps you. Let me know how things work out.
Question answered by Mike Bellamy, host of “Ask the Experts” at the China Sourcing Information Center.
Mike Bellamy is an Advisory Board Member & Featured Blogger at the not-for-profit China Sourcing Information Center (www.ChinaSourcingInfo.org). He is also the author of, “The Essential Reference Guide to China Sourcing” (chinasourcinginfo.org/book) and founder of PassageMaker Sourcing Solutions (www.PSSchina.com )