It sounded too good to be true – an invitation to build a large office tower and sustainable housing project in China. But when several architects discovered that they’d signed on for the same identical piece of work, everyone smelled a rat. No one has lost much money, yet. So the mystery is, why?
We’d like to advise our local design colleagues of this potential scam which came across our radar last week. It has touched some local design firms as well as in New York. About six months ago, several architects were contacted by a group called the Haoshun Investment Company about an office/housing complex in China’s Henan Province. Yet, after signing contracts and traveling all the way to China, they’ve all come back empty-handed.
Although no one has lost much in the way of money, yet, it’s very disturbing to have one’s hopes raised only to have the deal vanish and wither away. The motive remains a mystery – the architects haven’t laid out any money other than airfare, and no one knows who the real target could possibly be, or why anyone would engage in such an elaborate pretense. Still, we advise our colleagues to be cautious.
Here’s a link to the full story, such as it is:
About the author
Rebecca Firestone has been working in the Bay Area since 1998 as a technical writer, business content developer, architectural filing lady, marketing director, and sorcerer’s apprentice.