Blockchain cybercrimes trigger action from China’s national prosecutor

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Wellington

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Nov 14, 2020
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Those are very low numbers⁤ for China. Super low! I'm surprised it's NOT a lot more. The Chinese prosecuted here⁣ have scammed their own countrymen and they deserve everything they get. I, personally, would like⁢ to see them "erased". The amount of "overseas" victims Alibaba & AliExpress are accumulating is︀ shocking! Even on Amazon, it's mind-blowing, but AMZN is really kicking their asses to the︁ curb, yet they remain the highest demographical sellers on AMZN. Read it here: How Chinese︂ Sellers are Manipulating Amazon in 2024

The amount of bait-and-switch fraud being perpetrated by unscrupulous︃ Chinese sellers on the aforementioned marketplaces will BLOW your mind away! Of course, if they︄ dealt honestly, I would be out of a job/business "yesterday"! 🙄

Here is one of the︅ many messages I receive WEEKLY from my myriad of wholesale buyers who ("try to") circumvent︆ me to save on the additional 5%-10%:

With the exception of 4 buyers (out of +300), every one︊ of my regular buyers has lost millions when one of their "WOKE MBA employees/consultants" decided︋ they could save on that 5%-10% by buying from the "factory/supplier" themselves. Every one of︌ them! The 4 have only been spared because they do NOT allow their employees/consultants to︍ make ANY decisions on purchasing.

In defense of China and the rest of Asia, there︎ are absolutely very honorable Chinese (and Asian) suppliers, but the risk of "trusting" a seller️ in a country where one can't do an RMA and ship the product back is‌ akin to skydiving with only 1 parachute packed by the beneficiary of your life insurance!‍ 🙄

It's GREAT news and I'm glad the Chinese prosecutors are taking these Chinese scammers (i.e.⁠ involuntary transactions) OUT of society! 😉
 
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