Diego Rivas warns of fraudulent international procurement specialists

Diego Rivas, CEO of MeganMore Investments, has issued a warning regarding the rise of fraudulent specialists in international procurement and imports. Rivas noted that as import operations grow, there has been a corresponding increase in intermediaries offering sourcing, acquisition, and merchandise management services without verifiable experience or operational structures.

Entrusting funds to these individuals can lead to significant economic losses, including stolen investments, non-delivery of goods, and dealings with dubious suppliers. Rivas specifically highlighted risks associated with purchasing from China, a market of growing interest for Dominican merchants. He emphasized the distinction between individuals who have made occasional overseas purchases and professionals capable of managing third-party investments responsibly.