A note from the founder
Marcus — founder, SourcingShield
In late 2022 I wired $30,400 to a "Gold Supplier" in Shenzhen for an electronics order. The sample was perfect. The factory video looked real. The salesperson responded within minutes on WhatsApp. Three weeks after the deposit, the company vanished — the WhatsApp number went dead, the Alibaba storefront was taken down, and the bank account in Hong Kong had already been emptied.
I spent the next six months talking to other buyers who'd lost money the same way. The patterns were almost identical: WhatsApp pivot, urgency on the deposit, bank account name mismatch, "company audit" excuse. None of us had seen them in time because no one had bothered to collect them in one place.
SourcingShield is that place. We index real scam cases — from Reddit threads, buyer reports, and our own submissions — and turn them into a 60-second risk check anyone can run before sending a wire. If we save you one bad deposit, the tool has paid for itself many times over.
What we believe
- Pattern intelligence beats trust badges. A Gold Supplier badge means almost nothing when the company name on the bank account doesn't match.
- The buyer is the last line of defense. Alibaba, banks, and freight forwarders all have incentives to look the other way. You don't.
- A $9 report should never decide a $30,000 wire. The score is decision support — the call is yours.