IMAGINARY MASTER DISTRIBUTORS
Update to the 3M Joker Broker
IMAGINARY MASTER DISTRIBUTORS I thought I had seen every conceivable way that bad actors and Joker Brokers could cause qualified buyers to feel uneasy and un- comfortable and then I saw and uptick on this method.
This is how it works, you get contacted by one of the many Joker Brokers that is direct or in direct to a Master 3M Distributor who can get them priority on shipment for production or product on the ground “SPOT” purchases.
All you have to do is submit NDNC, LOI, POF, IMFPA and letter of attestation from an attorney that you are capable, ready willing and able to transact for either a SPOT or production purchase. Here is the catch. This information is sent through representative, joker broker or to a lawyer some type of supposed intake manager with the idea the information is being sent to 3M in actuality 99.% of the time it is not. Although rare, we have seen that you can enter into this process safely you just need to be cautious how you go about it.
The goal is to receive qualified ready willing and able buyers information and then approach 3M for production contract or find private sellers that may be able to help the client. In other words, they are now shopping your package to the broker world of “supposed” qualified sellers. Unfortunately most never find real suppliers or buyers. I recently heard that FEMA was approached by aprox 160 alleged 3M production sources and they ended up with 3 real ones as one example has shown.
As the old saying goes, if its sounds too good be true it probably is.
Although this is not buying advise, what we have found is that its important to do your due diligence. Now confirm you are really working with qualified attorney’s and verify PRIME 3M distributors, (Brokers call them Master Distributors) by getting their authorized distributor number and contacting 3M. Although, I am confident that we will all get through this crazy circus together please contact us if you need help to circumnavigate the treacherous waters of procuring 3M products from reliable resources.