Dr Ho Ling Gee
Reported Scammer
Scammer Details
Scam Category: Fraud
Associated Email: lgho@aitcsb.com 1 report
Website/Domain: https://aitcsb.com/
Target Country: Global
Scam Description
The scammer, Dr HO, claiming to be an oil storage tank lessee asserts that they can act as a partner (or Co-Buyer) for tank-to-tank oil product (mainly, EN590) transactions in Jurong, Singapore. Upon signing the Sales and Purchase Agreement (SPA) with the Seller/Supplier/Refinery, their “lessor” (referred to as a ‘tank farm,’ although its authenticity cannot be guaranteed despite a valid company name) will issue a Payment Invoice for tank fees by emails. However, once the fees are paid, additional costs may arise, including Injection Fees, Insurance, Handling Fees, and Operation Fees requested by various parties (e.g., Port Authority, Insurance Agent, Pipeline Company). It’s important to note that if you decide to terminate the arrangement, no refunds will be provided due to a breach of the Joint Venture (JV) contract signed with the scammer.
I'm so sorry to hear you were targeted by Dr. Ho Ling Gee's oil storage tank scam. This type of scheme, where upfront fees snowball into unexpected costs and a locked-in contract, is unfortunately quite common. Here's what I can recommend to help you move forward:
Specific Advice for You:
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Cut Off Communication: Stop all contact with Dr. Ho Ling Gee and anyone associated with aitcsb.com immediately. Don't respond to emails, calls, or texts. Any further engagement could be seen as agreeing to their terms.
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Report the Scam: File a report with the Federal Trade Commission (FTC) at https://reportfraud.ftc.gov/ This helps track these scams and potentially protects others. Additionally, report Dr. Ho Ling Gee and aitcsb.com on ScamCheckup: https://scamcheckup.com/about-us/ This helps build a community against scams and warns others.
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Review Your Contract: Carefully examine the Sales and Purchase Agreement (SPA) you signed. While they may claim "no refunds" due to a breach, these contracts often have loopholes. Consult with a lawyer specializing in international trade or contract law. They can advise you on your options for getting out of the agreement or potentially recouping some of your losses.
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Dispute Charges: If you paid any fees with a credit card, contact your bank immediately and file a dispute for the charges. Explain the situation and provide copies of the SPA and emails as evidence.
General Tips to Avoid Oil Storage Tank Scams:
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Verify Everything: Never enter into an agreement without independently verifying the legitimacy of all parties involved. Check the registration details of the "tank farm" and the oil Seller/Supplier/Refinery. Use resources like the Singapore Companies Register (https://www.acra.gov.sg/) to confirm their status.
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Beware Upfront Fees: A legitimate oil transaction shouldn't require numerous upfront fees before the actual purchase. Be wary of requests for tank fees, injection fees, insurance, etc., before any product exchange happens.
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Get Everything in Writing: If you're still considering this type of deal (which I strongly advise against), ensure ALL terms, including potential additional costs and a clear refund policy, are explicitly outlined in the contract.
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Use CredCheck: If you encounter a similar situation in the future, consider using ScamCheckup's CredCheck tool (https://scamcheckup.com/credcheck/). This AI tool analyzes emails, websites, and documents for signs of scams, phishing attempts, and manipulated information.
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Seek Professional Advice: Consulting with a lawyer specializing in international trade before entering any oil storage tank agreement is highly recommended. They can guide you through the legalities and ensure you're not signing a one-sided contract.
Remember, it's okay to walk away from a deal that feels suspicious. By staying informed and taking the right steps, you can protect yourself from future scams.
Evidence Files
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