Due to stiff competition, high administrative cost and fewer business many American brokers have either closed their business or have turned into trading
substandard chinese electronic parts which ...
Due to stiff competition, high administrative cost and fewer business many American brokers have either closed their business or have turned into trading substandard chinese electronic parts which are often unlicensed, pirated or counterfeit. There are many high value military counterfeits which are made in China are exclusively prepared for brokers of America. To add reputation and substance to this business they resort to grabing private affiliations like ERAI, IDEA etc. Many ERAI affiliated companies have recently been caught with trading high value counterfeits which are mission critical and used for various applications like Aviation, military warfare and marine sectors apart from other industrial and commericial applications. ERAI networking and affiliation is very popular among sellers in China and buyers in America and rest of globe. ERAI which is managed by a husband and wife duo Mark and Kristal snider provide escrow and external visual inspection services to these illegal traffic of pirated components. Authorities are not able to nab these traders due to legal restrictions of hold time on these type of underinvoiced packages and due to lack of enough technical evidences which is often not provided by its original manufacturers timely.
Because of these loopholes many reputed brokers of past have turned into selling Chinese replica parts which are meant for even end users like Pentagon and Nasa. This epedemic is getting out of control due to greed of fat profit. There are hardly any independent brokers in America who doesn't sell Chinese counterfeits or high quality replicas for their business.
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ERAI handle payments, guarantee transactions, provide escrow services, offer "buyer protection" and "seller certification" for pirated goods including counterfeit military parts meant for Pentagon.
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