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Blue Book Trading Alert: Impersonation fraud rising

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Red Book Lumber Data has received reports of unauthorized individuals impersonating buyer companies to purchase product.

These impersonators have initiated communication via email, but methods may evolve. Observed email characteristics have been random delivery and misspellings in the domain name.

In all circumstances, be sure to thoroughly vet new inquiries by logging onto Red Book Lumber Data and to verify an inquirer’s identity by contacting the companies phone number listed by Red Book Lumber Data.

Bill Zentner is Vice President, Ratings Service for Blue Book Services