What is GBC Fishing? GBC Fishing Review

Commonly used methods

The main approach of GBC Law Firm is to collect relevant evidence and file large-scale lawsuits through local U.S. courts against sellers suspected of infringing on major cross-border e-commerce platforms, requiring the platforms to freeze the sellers' funds in their PayPal accounts.

Due to time constraints (only 21 days), most Chinese sellers eventually had to reach a settlement or give up the lawsuit, thereby handing over a large amount of funds in their accounts in the form of compensation.

reason

GBC's phishing schemes are successful time and time again, basically because the information collection is effortless and the process is relatively simple. In addition, Chinese sellers do not have a strong brand awareness, which leads to law firms like GBC being able to earn a lot of income from Chinese sellers through streamlined and batch methods.

Common methods

1. The seller was sued simply because a word in the product was suspected of infringement:

2. The U.S. law firm uses a sting operation to ask the seller whether the seller can provide a corresponding product (similar to the design of a big brand). Once the seller promises to do so and provides a corresponding deposit payment account, the seller is suspected of infringement.

3. The seller did not sell anything, but just lent his account to others to collect payment. In addition, GBC Law Firm often sued Chinese sellers without even having the key evidence.

GBC Mail

How to deal with it

First, if the payment account whose funds are frozen is still receiving payments, then you must resolutely stop receiving payments immediately and use other payment accounts to complete the process;
Second, if the frozen funds are not much, just treat it as paying tuition fees and learn a lesson;
Third, if the frozen amount is large, such as tens of thousands of US dollars or even more, you can hire a lawyer in the United States to negotiate with the other party’s law firm or even file a counterclaim.

How to make plans during operation?

First, no matter on which platform, you should raise your awareness of infringement when selling, and do not take any chances. You should stay away from any products involving infringement;

Second, no matter on which platform, do not accept anyone's suggestion to save commissions by doing offline transactions, do not pay through Paypal at anyone's suggestion, and do not borrow a friend's Paypal account, nor lend your Paypal account to a friend to receive payments;
Third, if it is really necessary to conduct offline transactions, it is recommended to either wire transfer (T/T) or Western Union, because this type of payment method is foolproof for sellers.

loss

In the past two years, the US black-hearted law firm GBC has repeatedly filed lawsuits against Chinese sellers and carried out so-called "fishing enforcement". It is understood that GBC previously specialized in targeting sellers on eBay. Thousands of Chinese cross-border e-commerce sellers' PayPal accounts were frozen and their websites were blocked, causing Chinese sellers to lose a total of nearly 1 billion US dollars.

References

• 1. GBC’s phishing enforcement caused heavy losses to Chinese sellers: Baidu [cited on 2018-03-21]