In the shadowy corridors of international trade, the metals market stands as a glittering target for an array of sophisticated scams, each more cunning than the last. From the deliberate misclassification of precious goods to evade hefty customs duties, to the dark underbelly of fake recycling schemes designed to exploit legal loopholes, the world of metal trade is fraught with peril. Shady figures, like those behind Joy Reap Metal from Singapore, weave intricate webs of deception, manipulating prices, falsifying availability, and even sell products they don’t even own to line their pockets.
