Complaint Review: KYH Steel Holdings Ltd

Allowance: $82,200 per annul + 5% Commission
Job type: Contract Part Time
Duration: 12 Months
Contact: Fu Gang
Time Requirement: 3 to 5 Hours per Week
Job Role: Account Receivable Agent

Thank you for your response with the interest of your service.

KYH Steel is a famous brand supplier for high-end steel to construction and manufacturing industries. Our office is based in Hong Kong and we are top professional process trader for wide & heavy steel plate worldwide, offering unbeatable pricing and excellent services. Our warehouses carry full range of STEEL materials in different specifications suitable for the industries. In addition, our professional team can provide a Steel Supply Solution tailored for each customer covering every aspect such as technical, logistical and storage in order to meet any project requirements. KYH provides customers with high quality steel; KYH is the most professional steel products supplier.

With our vast distribution network, KYH is currently breaking 100 Percent into the North American Market. we are able to source and deliver a massive range of the highest quality steel products. Due to the challenges in processing payments here in Hong Kong from our customers in USA/CANADA, we are soliciting reliable companies and individuals to partner with us and help us receive and process payments from our USA/CANADA customer base and directly support sales operations.

As we expand our progress and business copied with the high demand of our products in your region, we look forward to establishing representative offices and sales centers in North America. Until the centers are established, we need a reliable company (irrespective of the business type) that will stand as an intermediary between our customers in your country and KYH Steel Holdings Ltd. Hence we wish to contract your enterprise as our “Intermediary” or "Regional Account Receivable Representative Agent" in US and Canada.

JOB DESCRIPTION
Such persons/companies should be able to:
(1) Collect and remit due accounts within your region.
(2) Work together with Managing Director to seamlessly reach goals.
(3) Maintain proper records of transactions.
(4) Innovates ideas to drive the company forward.
(5) Help to create new channels for easy distribution of our ever growing market with same region.

COMMISSION: Managing Partners/Regional Reps Agent are each entitled to 5% commission of each completed transaction plus a monthly allowance of $6,850 dollars. Other benefits include annually phone and email bills. Business and communications shall be mostly conducted on-line and on phone and hence will not affect your current job.

Provide us with the following,so we can prepare an MOU for further proceedings.

Your Full Names:
Full Contact/Postal Address:
Your Company Name:
The Position Held:
Tel and Cell Number:

Upon receipt of the above, we shall send you a copy of the Memorandum of Understanding. Call Our International Business Consultant
Leo Guang Tel: 1-517-743-4827 for USA/CANADA matters only.

We look forward to working with you.

Best Regards
Fu Gang
KYH Steel Holdings Ltd
11E Skyline Tower, 18 Tong Mei Road
Mongkok, Kowloon, Hong Kong
service@kyh-hk.com 
www.kyh.com.hk 

I noticed the domain kyh-hk.com was different than other referrenced and emailed from domains, so I did a whois on it. The kyh-hk.com domain was registered a month ago (from the date of posting this) and the information is masked. After performing some further research, I learned that this is scam occuring from the same group using different company names. The scam is basically a check scam, in which they send you a fake check and ask you to cash it at your bank and send some of the funds back to them. Eventually, your bank detects the check is fradulant and removes the funds from your account, after you send it to the fraudsters. It appears that emails from Hunt@outlook.jp (Caroline Hunter) are commonly sent out with this type of scam.