How to buy copper wire scrap in Tanzania and avoid scam. This is one of our most important topic as scammers have now become a problem. We receive reports of people who have been scammed and also get inquiries to verify vendors. Many fly into Tanzania looking to buy copper wire scrap but the most unfortunate thing is they always fall for scammers. This is because they are looking for suppliers on the wrong platforms.
Copper wire scrap suppliers in Tanzania are not on Facebook, Alibaba or other B2B websites. What you see are scammers looking to take advantage of unsuspecting individuals. The demographic that sells copper wire scrap in Tanzania have very little knowledge of the internet. Most didn’t go to school and can’t even speak English. With copper scrap being a very popular material, customers come directly to their warehouses to collect as soon as there’s stock.
If you are looking to buy copper wire scrap in Tanzania and searching for suppliers online, there’s a 99% chance that you are being scammed. Finding this website however gives you a chance of meeting direct suppliers. This website was created as an effort by the Tanzanian government to put an end to fraud in the copper wire scrap business.
We have put together data for all the known suppliers and also a list of scammers on the internet. A follow up is done weekly to see who has stock. This eases discussion between us and a potential buyer coming into the country.
To buy copper wire scrap in Tanzania, all you have to do is contact us and we will direct you to a reputable supplier. If you are already in contact with someone, send us their information. We will verify it and let you know if they are legit or not.
How the copper wire scrap scammers in Tanzania operate
The copper wire scrap scammers have the same strategy and the first is creating a Facebook, page, LinkedIn profile or registering on B2B accounts. You will however find more of them on Facebook. If you are keen on observation then you will realize the pictures and videos they use to advertise are taken from Google. This is because they do not actually have anything.
When you make contact and request a quote, they will send you the FCO. If you go through 100 of them, you will see it is similar except for the prices, stamps and names. They operate like a syndicate hence everything is the same.
The third thing you will notice is our fast they want the deal completed and also easy it is for them to give you a discount. They will tell you a ton of copper wire scrap costs $4,500 but will be fast to drop the price by almost 50% just to lure you into their trap. What the fraudsters use to get most victims is the cheap prices. If something is too good to be true then it is scam.
You will realize they put more emphasis on the advance fee instead of guiding you through the entire process. Their first objective is to ensure you accept to their terms of an advance fee and are always very impatient when you ask questions.
These are the little things that you should note when talking to anyone claiming to sell copper wire scrap. If you need more information on how to buy copper wire scrap in Tanzania and avoid scam contact us.
How difficult it can be to identify the scammers
Every businessman is looking to make profit by buying cheap but this sometimes leads to trouble. The scammers have registered companies same as real suppliers thus making it very difficult for foreigners to differentiate between them.
It is very easy to create a company in Tanzania as very little verification is done before a certificate is issued. Scammers use this document to rip business people who have no way of knowing if they are legit or not. Most of the people who lost money through scam thought they were talking with genuine companies. Some even have offices.
We have been putting pressure on the government to make a more rigorous check each time someone registers a company. Also to do monthly visits and see the activities of such companies.
There are some people who have principles on how they operate like maybe using LC as a payment instrument. The truth is even the legit suppliers do not accept that. Copper wire scrap business is booming and no supplier will give their goods out on LC when there are others willing to pay cash. If that is how you operate, then you will be missing out too on the real suppliers.
How to safely buy copper wire scrap in Tanzania
How to buy copper wire scrap in Tanzania and avoid scam is one of most important topic. The only way to buy copper wire scrap in Tanzania safely is through vendors recommended by us. We do not sell directly but work with the suppliers in the country. Identifying a supplier will be your first challenge which is why we are here. For more than 8 years we have been helping people buy copper wire scrap in Tanzania.
Like we said in our previous posts, you need to be in the country to meet the suppliers. They do not have social media profiles or Alibaba accounts. The copper wire scrap trade in Tanzania is done locally on ground.
If you are in contact with anyone from Facebook, Alibaba or any other online website claiming to sell copper scrap then they are fake. There’s no copper wire scrap seller in Tanzania on those platforms. Those platforms are owned by scammers looking to take advantage of unsuspecting individuals.
All you have to do is contact us and we will link you directly to a supplier. After that you can travel, meet them and conduct business in a way that is transparent.
Note: If you are already in contact with someone claiming to sell Copper wire scrap, send us their phone number, the company registration document which they gave you and their address.
Most of these scammers are foreigners and can’t speak the language(Swahili). After you give us the information, tell them you have a friend in Tanzania(a Tanzanian National) who is coming to visit and see the stock. They will immediately stop replying to your messages.
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