Don't Buy It

  • ---Shares

Office-supply scams are still big business.

Small businesses are being bilked out of millions of dollars each year by bogusoffice-supply firms. To protect yourself, know your rights. You don't have topay for supplies or services you didn't order, even if you use them. Assigndesignated buyers, keep a record of purchases, and always check documentation.Finally, train your staff to be aware of potential scams and to avoid becomingvictims. The three most popular scams to look out for:

* The phony invoice, which involves a bogus firm billing your businessinflated prices for unordered merchandise.

* The pretender, in which the scam artist pretends to be a supplier youuse regularly or have used before.

* The gift horse, where the scammer tricks an employee into accepting agift, which is followed by unordered merchandise and an invoice showing theemployee's name.

For more information on office-supply scams, contact the Federal TradeCommission at (202) FTC-HELP or visit the commission's Web site at

Next Article:
A Look at the Demanding Schedule of Elon...

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.