JS Precision Co.

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Elizabeth –

Victim Location 34109

Total money lost $7,500

Type of a scam Online Purchase

Hello,

I am writing to report a presumable scammer – a dealer of used turning and milling machines. The dealer is JS PRECISION CO. situated in Guanghua 1st Rd., Lingya District, Kaohsiung City 802, Taiwan. The dealer communicates via the following e-mail address: [email protected]

They contacted our company when we were looking for a used CNC lathe and offered us one such piece. In September 2017 we paid USD 22,500 as a 50% payment in advance with another 50% to be paid upon receiving the machine. We never got the machine.

Approximately a hundred e-mails have been exchanged between both sides to this day. We always had to repeatedly ask for replies to our emails, which made the whole deal drag. The dealer promised to arrange shipment. It took them forever to provide a shipping schedule, which was in the end only in the form of a date suggested in the body of an email. On 26th December 2017 they claimed that they had “already received the export license today afternoon”. After two months of letting us believing that the machine is at sea, on 26th February 2018 they wrote that they had been cheated by the shipping forwarder and that the machine was still at Yokohama port because it had not gotten the Japanese custom export license. We had been lied to the whole time.

We cancelled the deal the next day. Since then, we actually managed to get over a half of our payment back, but it was always only under a threat of lawsuit. And again, it always took several delays of their promised deadlines and many email reminders.

On 27th April 2018 they remitted to us the last time and since then they still owe us USD 7,500. They have made a few silly excuses and promises since then, but never paid anymore.

Everybody in the machining sector should be warned not to ever do any business with this company. There are only two possibilities: JS PRECISION CO. is either extraordinarily unprofessional, or simply a filthy scammer.

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