Cedabond warns of rising kit buying fraud

Goodwood Races
Cedabond is helping to ensure dealers aren’t left out of pocket by fraudsters.

According to information being received by Cedabond, instances of fraud relating to the purchase of catering equipment are on the increase.

Therefore the buying consortium has put in place an informal information system which it is using to share details about potentially fraudulent activity with its members.

Cedabond secretary Donna Wooding detailed: “We have started to receive more and more calls and emails from our members advising us of fraudulent transactions and we began to notice that quite often these contained details of the same names and addresses.

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“So we thought it would make sense to share this information with our members in the hope that it would prevent them from being ripped off.

“And it’s already working. Recently we had a call from a member to say that they had received a call from one of the names identified by us just before we sent out an update, so they were subsequently able to cancel the order and save themselves from becoming the latest victim.”

She added: “We appreciate that larger Cedabond member companies will have robust systems in place aimed at preventing this sort of thing, but smaller ones won’t, and we want to be able to help all of our members to combat fraud whatever their size.

“We would therefore encourage anybody with information that they think would help to prevent the loss of vital revenue to email so that it can be forwarded to our members.”

Cedabond is encouraging suppliers and members to visit if they wish to report general fraudulent activity, but if they have specific information which they think members should know about then they can email:

Tags : buying consortiumbuying groupCedabondcrimefraudfraudulent
Clare Nicholls

The author Clare Nicholls

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