Beware of fraud when buying or selling a vessel.

December 4, 2023

How to protect yourself from fraud when buying or selling a vessel?

Fraudsters can be found in every industry and they exploit every opportunity to enrich themselves. Even the boat market is no longer immune to scams. Online trading, in particular, offers many opportunities for fraudsters to deceive unsuspecting buyers out of their money. The internet provides anonymity, making it often difficult to verify whether the information provided by a seller is accurate and reliable.

Experts in boat sales are now familiar with some typical scams used by fraudsters, including:

Falsifying documents
Creating fake websites
Forgery of identification documents

It’s not just about individual perpetrators, but also organized criminal groups. However, by following a few tips, you can minimize the risk.

Feel free to reach out to us. As a specialized company, with our experience and our certified appraisers, we can help you avoid scammers.

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