Ethics Committee Investigating Counterfeiting Cases & Other Disputes

Two companies were banned from Tradeloop last week after they failed to respond to Ethics complaints filed against them. Another case involving counterfeit products is still being reviewed by the Ethics Committee. It's the latest in a series of counterfeiting cases presented to the Committee in the past few months.

• Case #5109: The complainant alleged that the defendant sold counterfeit equipment.
• Case #5110: Involved a complaint about the non-shipment of prepaid goods.

Because neither defendant responded to the complaint, the Ethics Committee wasn't able to evaluate the substance and mediate a resolution. Remember that Tradeloop member companies are required to respond to Ethics complaints..

Counterfeit product damages the value of the wholesale market as well as the reputation of legitimate dealers and manufacturers. Tradeloop takes the issue seriously and our staff works with the Ethics Committee to gather information and mediate disputes.

Our extensive account validation process for new members helps keep fraudulent companies out of the community and we're constantly evaluating our policies and updating verification procedures to keep the community safe.

Visit Tradeloop's Ethics blog for more information on these and other posted cases. You can review the evidence presented and even make your own comments under the "Members" tab.