The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
3 Tips for Avoiding Shipping Scams
Members of the jewelry industry need to be on alert for individuals posing as principals of established companies in order to con others out of cash or merchandise, particularly during the most wonderful time of the year.
New York-- Both the Jewelers Security Alliance and the Jewelers Board of Trade said this time of the year, the industry needs to be on alert for individuals posing as principals of established companies in order to con others out of cash or merchandise.
Last week, the JSA made shipping safety their “tip of the week” on the organization’s e-newsletter.
The JBT circulated a special alert about it Wednesday, noting that such scams “appear to be more prevalent this selling season than in the past.”
In order to avoid losses, both the JBT and JSA recommend the following.
1. Vendors that receive requests from customers to ship merchandise to a different location than they normally do should confirm the location change with a known executive at the customer’s firm.
The JSA said that criminals use this method of pretending a location has changed to have goods sent to them fraudulently.
2. Customers that are asked by their suppliers to pay by wire transfer or other method to a new account, or to send money to a new location or affiliate company, should also verify with a known executive before sending.
Criminals often are able to obtain names and account numbers that make their requests for changes seem legitimate, the JSA said.
3. Be sure that cashier’s checks are not counterfeit before shipping, the JBT said. Take them to the bank and verify.
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