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Wrap Tite loses $500,000 to a Chinese scammer

Friday, February 28th, 2014 | Permalink

All Sites Wrap Tite , a Solon, OH-based maker of packaging products and materials such as poly bags, tapes and stretch film used in wrapping pallets of good for shipping, has been scammed out of $500,000 by someone in China. The half-million dollar payment was wired to a Chinese bank to pay for a new stretch film extruder from Xinle Huabao Plastic Machinery Co. read more

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Wrap Tite loses $500,000 to a Chinese scammer