The Woodchucking Scam is a sophisticated scheme that primarily targets the timber industry, where it takes advantage of the difficulty in accurately measuring and assessing the volume of timber. This scam involves artificially increasing the measurements of timber, such as the length, width, or diameter, in order to inflate the perceived value and quantity. Fraudsters manipulate these measurements to deceive buyers into paying more for the timber than its actual worth.
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May 27, 2023 · 3 min read · Woodchucking, a fraudulent practice within the timber industry, has been wreaking havoc on the environment and economies worldwide. This deceptive scheme involves the illegal logging and trade of timber, leading to devastating consequences such as de...
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