The oil & gas industry is seeing a sharp rise in sophisticated scam operations targeting brokers, traders, and buyers worldwide. Many fraudulent sellers no longer appear suspicious at first glance. They use professional procedures, polished documents, and convincing communication to build trust before requesting payment. Recently, the STOP OIL SCAM Team handled an EN590 fuel scam case where proper verification likely prevented a buyer from losing $2 million. EN590 Fuel Scam C

The oil & gas industry is becoming more dangerous for brokers and buyers — especially on LinkedIn. Scammers today do not look unprofessional. In many cases, they follow real procedures, use convincing documents, and communicate like experienced traders. Recently, the STOP OIL SCAM Team reviewed a case involving an EN590 transaction that could have cost a broker $25,000. Fortunately, the payment was stopped before the damage was done. The Deal Looked Real at First A broker was

In the fuel trade industry, scammers often look professional at first. They have polished documents, fake refinery connections, and convincing stories. But after reviewing hundreds of suspicious seller cases, we noticed the same warning signs appearing over and over again. Here are 3 major red flags buyers should never ignore. 1️⃣ They Send an SCO Immediately One of the biggest warning signs is when a seller sends a full SCO or procedure within minutes of first contact. Real