CEO Orders $40K of Copper, Gets Cheap Steel Disguised As The Real Thing
Roman Hartung, CEO of German thermal management company Thermal Grizzly, recently posted a YouTube video detailing how his company lost approximately €40,000 in a sophisticated materials fraud involving Chinese suppliers on Alibaba. The trouble began when copper and aluminum prices surged across Europe, making local supply both scarce and expensive. Thermal Grizzly needed high-purity copper … Read more