Malicious individual(s) are continuing to use premium Google placement to entice victims into placing orders that require advanced payment for goods which the perpetrators do not intend to ship. To date, ERAI has recorded losses totaling in excess of $300,000.00 and has notified appropriate law enforcement agencies. Organizations around the world and from various industry sectors have been, and continue to be, targets.
This message is a warning to any organization involved in the purchase of electronic components. ERAI has identified numerous websites run by malicious individuals that are paying for premium placement on Google and require payment in advance for goods but never ship the ordered product. These sites have been set up with the intent to commit fraud. Dozens of victims have come forward sharing nearly identical experiences.