Legal Question in Business Law in California

Selling products overseas

Hello Law Guru, I have a few questions about doing business overseas. I have friends in China who would want to sell electronics, they find it profitable if I buy them here in US, CA, online, and then ship it to them. Is this procedure legal? If it is, what (if any) taxes, license, procedures, or tariffs do I need to pay? I'd really appreciated it for a feedback. Thanks!


Asked on 10/01/08, 12:38 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Selling products overseas

What you describe is a rip-off scam.

If you are being asked to purchase things with credit card numbers supplied by your friends in China, the credit card numbers are stolen. The mark (you) gets arrested for receiving stolen property.

I suppose you also agreed to cash checks for them and send them the "change" by Western Union. HELLO! If it's too good to be true, it's a scam.

Read more
Answered on 10/01/08, 1:30 pm


Related Questions & Answers

More Business Law questions and answers in California