For some reason, most of these scammers and fraudsters only know of Rotterdam as the only port in the world.
So all you hear is FOB Rotterdam, FOB Rotterdam, FOB Rotterdam. Take it from my tank! Here are my storage receipts! But but first I need some 'upfront logistics and administrative fees'...
Yeah right.
So much so that the actual Port of Rotterdam via their intel division FERM has to establish a very handy blacklist of these so-called 'storage tank spoofers'. Till this day in 2019, they are still adding names to the list. Goes to show that the number of scams are still on the rise EVEN TO THIS DAY WHICH IS PRETTY AMAZING.
You can check out the list here.
Many of these are actually fake websites that use very similar names to actual and legitimate oil and trading companies. +1 for creativity.
Policing fraudulent physical petroleum transactions across the globe, they are all over the net.
