Plasma TV Fraud Alert!

Reviewer: Paul Doran

We have received a number of complaints from readers regarding foreign online plasma stores offerings discounts which seem too good to be true.

If you see a company which is offering a plasma monitor for a $1000 - $2000 less than reputable US online stores we urge caution. Most of these companies do not accept credit cards, they require full payment sent using a wire transfer before the product will ship.

The following are companies which have been set-up solely to defraud customers into wiring large amounts of money overseas.

If the sites are no longer active it means they have changed the domain name and set-up a new site.

Many of the above companies only accept wire transfer as a payment options. If you place an order you may be asked to send payment to bank details the same or similar as:
OUR BANK NAME: Alpha Bank Romania S.A.
ADDRESS: Bdl.Revolutiei 74 - 2900 Arad Romania, Europe
ACCOUNT NAME: Ghirboan Jolan

Do you think you would ever see your plasma display once the money was wired? How would they service the product from Romania? What would happen if they did ship the product and it was an empty box?

Did you know most of the online auction scams all originate out of Romania, for more information regarding auction scams please read our Avoiding Plasma TV Auction Scams report.

If you wire the money to a non reputable company there is no recourse you can take - you will lose all of your money.

We suggest buying from a reputable online dealer that accepts all major credit cards including Visa, Mastercard, American Express and Discover. Using a credit card will protect you under the Fair Credit Billing Act (FCBA)..

Here at the PlasmaTVBuyingGuide we would always suggest purchasing your plasma TV from a reputable store which offers professional sales and service advice. For more information please read our How and Where to Buy a Plasma TV/Monitor

If you are unfortunate enough to be the victim of an auction scam we suggest contacting the National Fraud Information Center (NFIC) toll free at 1-800-876-7060, 9 a.m.-5:30 p.m. Eastern time, Monday-Friday. The NFIC operates a consumer hotline to provide service and assistance in filing complaints.

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