Commercial debt collection scam by C.Y. Lin of China Steel Corporation
Date First Reported: May 2013
Primary Name Associated: C.Y. Lin
Description of Potential Fraud:
An Ontario lawyer has notified us that he received an email from the purported C.Y. Lin of China Steel Corporation with regards to a commercial debt litigation scam. For examples of other names attached to this kind of fraud see our Confirmed Fraud Page. For an explanation of how this fraud works see our Fraud Fact Sheet.
Here is the initial email:
From: China Steel Corporation [mailto:[email protected]]
Sent: May-04-13 5:50 AM
Subject: [Bulk] Represent Our Company In Your Region
My Name is C.Y Lin. I am the Vice President of China Steel Corporation (Finance Division). We are in need of Reputable Company or Individual in North American region that can help our company handle its debt collection in North America States.
Requirement (Contact Information):
1. Full Names:
2. Company Name: (If Any)
3. Full Contact Address:
4. Tel and Fax Numbers:
How to handle a real or suspected fraud
If you have been targeted by any of these frauds, please forward any of the emails and supporting documents that you have received to [email protected].
If you suspect you are acting on a matter that might be a fraud, call LAWPRO at 1-800-410-1013 (416-598-5899). We will talk you through the common fraud scenarios we are seeing and help you spot red flags that may indicate you are being duped. This will help you ask appropriate questions of your client to determine if the matter is legitimate or not. If the matter you are acting on turns out to be a fraud and there is a potential claim, we will work with you to prevent the fraud and minimize potential claims costs.
If you have been successfully duped, please immediately notify LAWPRO as there may be a claim against you.
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Fraud Fact Sheet More fraud prevention information and resources are available on the practicePRO Fraud page, including the Fraud Fact Sheet, a handy reference for lawyers and law firm staff that describes the common frauds and the red flags that can help identify them.