November was a busy month for Tradeloop's volunteer Ethics Committee. Two non-member companies were banned from Tradeloop. One Fast Track Fraud Alert was issued about a non-member company and one new complaint involving two Tradeloop members was filed.
Non-member company, The McEvoy Administration, was the subject of three Ethics complaints filed during October (Case #5046, Case #5048, and Case #5050). In each case, the complainant alleged that the defendant had failed to refund prepayment when the goods were not received. The defendant responded to each case and the details of the discussions are available at Tradeloop's Ethics blog.
The second non-member company to be banned from Tradeloop was xFusion Trading, LLC. This complaint (Case #5044) involved a dispute over a refund payment schedule.
A Fast Track Fraud Alert (Case #5053) was issued to the Tradeloop community after a member reported a possible identity theft scam that targeted Recruit Veterans, LLC.
Finally, a new complaint between two Tradeloop members is in the information-gathering stage. It involves a dispute over Broadcast messages.
More information about Tradeloop's Ethics process and details of posted cases (including an archive section of older cases) is available at the Ethics area of Tradeloop's Web site.