Possible fraud cases
The fraudulent practices described below are real-life cases. We recommend reading about them before you make any purchasing decision.
This article was written following a series of incidents. A number of companies contacted us after buying “overly cheap” or “excessively expensive” polyurethane foam spraying equipment.
The cases of overly cheap products have been described in another article. Here, we will put the spotlight on the most sophisticated type of fraud out there.
There are a number of fraudulent practices involving the sale of spraying equipment that we know of, including the so-called “grant fraud”, also known as “piggyback fraud”.
As you know, a number of opportunities have recently come up with respect to raising funds for equipment purchase in the form of subsidies and grants.
The line of thinking of potential buyers, who often have no experience in our business whatsoever, is as follows: with a grant, I can buy a piece of equipment at only 50% of the original price, so it’s best to buy the most expensive product with highest hydraulic parameters. The client makes the assessment based on the technical parameters and the price quoted by the seller.
Last updated 3 mins ago
Possible fraud cases
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