Here is yet another FRAUD case from China. I am posting so that I will be the last victim...
Qingdao Sitong Mineral Co., Ltd.
Room 03B, 3 Households, 10Floor, 2 Building No. 37
Donghai West Road, Shinan District, Qingdao
Mail: magnesium-sitong@sitong-minerals.com
Website: http://www.sitong-minerals.com/
Skype: sitongkuangye3
Tel: 86-0532-86100219
Mail:lead-sitong@sitong-minerals.com
Wbsite: http://www.sitong-minerals.com/
Skype: sitongkuangye2
MSN: lead-sitong@sitong-minerals.com
Tel: 0532-86100219
Fax: 0532-86100221
Bank of China
Qingdao Donghai Rd. Sub-Branch Business Dept
Contury Mansion, No 39 Donghaixi Rd, Qingdao, China
Beneficially: Qingdao Sitong Mineral Co., Ltd.
SWIFT: BKCHCNBJ500
Acct: 233818576799
1) On June 25, 1013. We signed the Contract fo Aluminum Wheel Scraps. USD1,200/mt for 18mt.
2) They requested for 10% deposit, 90% TT upon B/L. So we wired 10% ($2,160) on June 26.
3) We were waiting for the Booking Confirmation. They finally sent us the Booking Confirmation on July 3.
4) At the same time, they started saying "Oh,,, price of Aluminum got higher so please pay $1,600/mt." Well, they are obviously breaking the Contract.
5) We demanded for full REFUND.
6) From July 3 until now, they are not picking up the phone or replying my emails.
7) Qingdao Sitong is OFFICIALLY FRAUD.
Stay away from this company for any reason.
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