RUSSIAN OIL SCAMS: Transneft fee scam from fake Russian Oil Sellers
Post 12 of 696
Replying to [oilyx]:
So Can you tell us who is a genuine seller of Russian Petroleum Products ?
So Can you tell us who is a genuine seller of Russian Petroleum Products ?
08 May 2007 23:06
Post 13 of 696
Replying to [CCHS]:
I am not endorsing or recommending any particular seller here. If you can find a re-seller who is direct to GAZPROM, LUKOIL or ROSNEFT, or if you can go direct with these major Russian suppliers: that is the way to go. The proof is in the procedure. None of these companies require upfront fees. Once your buyer can show solid POF bank to bank, you should get POP right after contract is signed. Anything else, you are in for a long ride.
This is not an easy business. The money to be earned is tempting, that is why so many people are trying to get into this business but that money will remain a mirage for most traders.
I am not endorsing or recommending any particular seller here. If you can find a re-seller who is direct to GAZPROM, LUKOIL or ROSNEFT, or if you can go direct with these major Russian suppliers: that is the way to go. The proof is in the procedure. None of these companies require upfront fees. Once your buyer can show solid POF bank to bank, you should get POP right after contract is signed. Anything else, you are in for a long ride.
This is not an easy business. The money to be earned is tempting, that is why so many people are trying to get into this business but that money will remain a mirage for most traders.
09 May 2007 14:56
Post 14 of 696
Replying to [oilyx]:
Thanks for your info but did you verify from the Ministry of Energy from Russia
the transneft fee? Why would you not sent complain to their Ministry if you are really duped by these people? Why would you not disclose your real identity so that the gov't in Russia can take actions regarding this Transneft Scam?
Thanks for your info but did you verify from the Ministry of Energy from Russia
the transneft fee? Why would you not sent complain to their Ministry if you are really duped by these people? Why would you not disclose your real identity so that the gov't in Russia can take actions regarding this Transneft Scam?
31 May 2007 05:56
Post 15 of 696
Replying to [Pepito]: FBI, Interpol, Russian Internal Ministry have been informed. We had numerous interviews with the law enforcement agencies and have provided megabytes of information to them to prosecute these scammers.
The biggest harm to them is to let buyer beware of these scammers so that people start using their common sense instead of letting greed dictate important business decisions.
Buyers who want to continue doing business with these scammers will discover the true themselves and I don't feel sorry for them.
oilx
The biggest harm to them is to let buyer beware of these scammers so that people start using their common sense instead of letting greed dictate important business decisions.
Buyers who want to continue doing business with these scammers will discover the true themselves and I don't feel sorry for them.
oilx
31 May 2007 07:10
Post 16 of 696
Replying to [oilyx]:Who is Sogaz Oil? I cannot find any information on them althought they have sent me numerous emails regarding their affiliation to Gazprom.
03 Jun 2007 06:20
Post 17 of 696
Replying to [rdirtracer]:I don't know anything about SOGAZ but I find the claims made on Alibaba in their profile very far fetch. First look at the obvious: among other outrageous statements, they also claim to have above 1000 employees and annual sales above 100 Million. In the oil business it does not take much to sell $100M in business. this number has no basis. With 1000 employees and over $100M in sales, why don't they have their own Web site instead of being listed in Alibaba?
With respect to their affiliation to GAZPROM, no way to verify such claim. Refer to your local Embassy in Moscow to see if they have ever heard of this company or have any complaint about them. A lot of these Russian sellers are not even registered companies in Russia or might not even have export license.
Ask them for proof of past performance, a copy of their complete procedure and draft contract. Under no circumstances should you accept to pay any upfront fee.
Lastly, if they claim Gazprom affiliation then all documents from your side should be addressed to GAZPROM including ICPO. Contract should be from GAZPROM. BCL, POP and POF should be done bank to bank using GAZPROM bank only. Your banker should personally verify all banking coordinates given by these people. All payments should be non-transferable whetheer DLC or SBLC and addressed to GAZPROM only.
Lastly, if you have no way of verifying any submitted documentation or banking info with GAZPROM directly, refrain from proceeding. You will be sorry.
Catching scammers is not that difficult if buyers just use their head a little bit.
Finally, get your local embassy in Moscow to recommend a law firm in Moscow to represent you and provide verification for everything that you receive: banking info (email, bank officer name, bank address, phone, fax, etc...) and all official documents. The law firm should make contact with these people and verify their credentials for you.
You cannot trust anything that you receive from these people. You must verify immediately, wait later after you pay them money and you will be sorry for time and money lost.
With respect to their affiliation to GAZPROM, no way to verify such claim. Refer to your local Embassy in Moscow to see if they have ever heard of this company or have any complaint about them. A lot of these Russian sellers are not even registered companies in Russia or might not even have export license.
Ask them for proof of past performance, a copy of their complete procedure and draft contract. Under no circumstances should you accept to pay any upfront fee.
Lastly, if they claim Gazprom affiliation then all documents from your side should be addressed to GAZPROM including ICPO. Contract should be from GAZPROM. BCL, POP and POF should be done bank to bank using GAZPROM bank only. Your banker should personally verify all banking coordinates given by these people. All payments should be non-transferable whetheer DLC or SBLC and addressed to GAZPROM only.
Lastly, if you have no way of verifying any submitted documentation or banking info with GAZPROM directly, refrain from proceeding. You will be sorry.
Catching scammers is not that difficult if buyers just use their head a little bit.
Finally, get your local embassy in Moscow to recommend a law firm in Moscow to represent you and provide verification for everything that you receive: banking info (email, bank officer name, bank address, phone, fax, etc...) and all official documents. The law firm should make contact with these people and verify their credentials for you.
You cannot trust anything that you receive from these people. You must verify immediately, wait later after you pay them money and you will be sorry for time and money lost.
05 Jun 2007 18:59
Post 18 of 696
Replying to [oilyx]:
Thank you for putting this on the internet.
You have mentioned a few companies who are scammers. There are some companies I know who are also collecting upfront Transneft fees like OAO Surgutoil Co. (Sergei Adamov), OFECO Oil Company (Fedulova) & ORISON OIL COMPANY - SIBNEFTPROM (Dubrin BB). They have asked for diff amount for Transneft fees, all to their account, can not pay direct to Transneft HQ, from 30,000 to 178,000 USD. Anybody can tell me if these companies are real sellers? Especially OFECO oil company who is represented by Ms. Fedulova, we are about to entered a contarct with this company......Please help if you have any reliable information about OFECO Oil COMPANY. Thank you.
Thank you for putting this on the internet.
You have mentioned a few companies who are scammers. There are some companies I know who are also collecting upfront Transneft fees like OAO Surgutoil Co. (Sergei Adamov), OFECO Oil Company (Fedulova) & ORISON OIL COMPANY - SIBNEFTPROM (Dubrin BB). They have asked for diff amount for Transneft fees, all to their account, can not pay direct to Transneft HQ, from 30,000 to 178,000 USD. Anybody can tell me if these companies are real sellers? Especially OFECO oil company who is represented by Ms. Fedulova, we are about to entered a contarct with this company......Please help if you have any reliable information about OFECO Oil COMPANY. Thank you.
12 Jun 2007 23:06
Post 19 of 696
Replying to [oilthirsty]:
i can tell you, if any company need the Transneft fees is scam.
they can't prove any thing,OAO Surgutoil Co. (Sergei Adamov), OFECO Oil Company (Fedulova) & ORISON OIL COMPANY - SIBNEFTPROM (Dubrin BB),SOGAZ all is SCAM.
i call FBI
i can tell you, if any company need the Transneft fees is scam.
they can't prove any thing,OAO Surgutoil Co. (Sergei Adamov), OFECO Oil Company (Fedulova) & ORISON OIL COMPANY - SIBNEFTPROM (Dubrin BB),SOGAZ all is SCAM.
i call FBI
15 Jun 2007 10:07
Post 20 of 696
Replying to [bbcc]:
Someone recommended OAO TRANSNAFTA with web site www.transnafta.net
This company web site looks very impressive and there were news related to this company with other major companies also.
It claims that it is listed in NYSE but I can't find it.
This company has also asked for Transneft fee to be paid.
I wonder if anybody has dealt with this company before and is this a REAL seller?
Eager to know ASAP.
Thanks.
Someone recommended OAO TRANSNAFTA with web site www.transnafta.net
This company web site looks very impressive and there were news related to this company with other major companies also.
It claims that it is listed in NYSE but I can't find it.
This company has also asked for Transneft fee to be paid.
I wonder if anybody has dealt with this company before and is this a REAL seller?
Eager to know ASAP.
Thanks.
17 Jun 2007 19:28
Post 21 of 696
Replying to [oilthirsty]: I am not familiar with any of these companies except for Orison Oil. Realize that there a multitude of Russian Sellers some legit but also a lot of scammers.
You should not expect anybody to do due diligence for you except yourself. I have given enough advice on how to perform due diligence on these companies. Please read previous postings about this article. Not easy to do but if you want to be sure, you have to do the right thing for you and your buyers.
With respect to Orison oil, when I contact the American Embassy in Moscow, they are aware of this company but said that they had received multiple complaints about this company from US buyers.
The rule of thumb with Transneft fee is that it should pay with the LC upon delivery. Once you show BCL, soft probe to the seller, he should pay the Transneft fee to Transneft to get you POP and PB after POF is issued by you.
There is no reason to send money to these people. You are better off assuming that every body over there is guilty rather than be sorry later.
Again, I will think twice before I send money to anybody in Moscow. Once you show them BCL or soft probe that should be enough for you to sign contract then move to POP/PB against POF. Transneft fee, if any, should be added to the LC to be paid upon delivery.
You should not expect anybody to do due diligence for you except yourself. I have given enough advice on how to perform due diligence on these companies. Please read previous postings about this article. Not easy to do but if you want to be sure, you have to do the right thing for you and your buyers.
With respect to Orison oil, when I contact the American Embassy in Moscow, they are aware of this company but said that they had received multiple complaints about this company from US buyers.
The rule of thumb with Transneft fee is that it should pay with the LC upon delivery. Once you show BCL, soft probe to the seller, he should pay the Transneft fee to Transneft to get you POP and PB after POF is issued by you.
There is no reason to send money to these people. You are better off assuming that every body over there is guilty rather than be sorry later.
Again, I will think twice before I send money to anybody in Moscow. Once you show them BCL or soft probe that should be enough for you to sign contract then move to POP/PB against POF. Transneft fee, if any, should be added to the LC to be paid upon delivery.
20 Jun 2007 17:31