NEWS

Toy industry told to be wary of ‘collection’ scam

Published on: 13th December 2011

Check purchase orders carefully

Toy retailers and suppliers need to be wary of a fake purchase scam in the run up to Christmas.

The warning comes from a major toy manufacturer, which has been sent fake orders purporting to come from bona fide retailers requesting goods for collection. The emails include bogus documents and purchase orders and could lead to retailers accounts being charged for toy deliveries they will never receive.

“Fortunately, we are quite vigilant,” the supplier told Toy World. “But this could be the start of this kind of thing pre-Christmas.”

The scam uses the frenzy of last minute orders to effectively steal goods from suppliers’ depots under the guise of ‘collection’. The goods are then sold on.

Retailers should check their goods in and query any invoicing discrepancies immediately. Suppliers are also urged to check POs and email requests for collection only with the retailer wherever possible.

 

 

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