🚨 AVDS Scam Case Study: Protecting Clients From Costly Tank Storage & Vessel Fraud

Published by: 1st Class Group Pte. Ltd. (UEN: 202319576M)

Introduction

In today’s volatile fuel and logistics markets, the real risk isn’t just price fluctuations or supply disruptions. Increasingly, fraudulent sellers and logistics providers present polished offers that mask deep flaws — costing businesses time, money, and credibility.

This AVDS scam case study highlights why early verification is essential and why buyers should establish strict controls before releasing any funds.

At 1st Class Group Pte. Ltd., we specialise in verification and risk management to protect clients from such traps. The following case study exposes how Authentic Venture Distribution Services (AVDS) used documents, invoices, and a Singapore-registered number to create a façade of legitimacy — and why our clients avoided becoming victims.

The Problem: Risky Sellers Disguised as Reliable Operators

Not every seller or logistics provider is worth your time. Some lack operational backing, some recycle generic paperwork, and others deliberately fabricate capacity. Warning signs include inflated claims, crypto-only payment demands, and inconsistent business details — all classic markers of an AVDS scam-type pattern.

Case Study: AVDS Scam in Tank Storage & Vessel Fraud

A company branded under AVDS claimed to provide tank storage and vessel services. On the surface, their documents looked viable. But our investigation uncovered a coordinated AVDS scam.

Exhibit 1: The False Business Address (AVDS scam red flag)

AVDS listed their address at People’s Park Complex, Singapore. When inspected, the registered office was not a logistics firm but a wellness & reflexology shop — proving no relation to tank storage or vessel operations and signalling an AVDS scam red flag.

AVDS scam proof – registered address is a wellness shop, not a logistics office — Exhibit 1A – AVDS registered address is actually a wellness shop.

AVDS scam proof – wellness shop price board unrelated to logistics — Exhibit 1B – Price list showing massage services, unrelated to logistics.

Exhibit 2: The Invoice Trap (AVDS scam pattern)

AVDS issued an invoice demanding USDT (TRC20) crypto payment for supposed demurrage charges — USD $325,000 for 5 days — with no vessel proof. Such crypto-only demands are a hallmark of an AVDS scam approach.

AVDS fake invoice demanding USDT crypto payment for demurrage charges — Exhibit 2 – Fake invoice requiring USDT payment with no vessel proof.

Exhibit 3: The Tank Storage Agreement (TSA) — AVDS scam contract signals

Another client shared a Tank Storage Agreement provided by AVDS. Critical red flags included:

Tank number left as “TBD”
Boilerplate contract language
No evidence of actual storage capacity

AVDS fake tank storage agreement with missing details and no allocated tank — Exhibit 3 – TSA document with missing details and no real storage allocation.

Red Flag Checklist: Lessons from the AVDS Scam

Unrealistic fees with no supporting evidence.
Crypto-only payments outside regulated channels.
Missing operational details such as TBD tanks.
Contradictory claims about storage and vessels.
Contracts with no proof of assets.
Business address inconsistent with claimed operations.
Multiple victims with similar losses.

For official guidance on spotting and reporting scams similar to an AVDS scam, see the Singapore Police ScamAlert and INTERPOL Financial Crime resources.

Zero Tolerance: Reporting the AVDS Scam to Law Enforcement

At our firm, we uphold a zero-tolerance policy toward fraud. When scams are identified, we act decisively — exposing them and reporting to the relevant authorities. We have filed a report with the relevant law enforcement authorities regarding this AVDS scam. By doing so, we protect our clients and help create a more transparent, trustworthy marketplace.

Report Filed With Law Enforcement

To support accountability and public interest, 1st Class Group has submitted a formal report to the relevant law enforcement authorities regarding the AVDS matter. While we do not publish case numbers publicly, supporting documentation can be provided to authorities and subscribed clients upon request.

Final Word

The lesson is clear: not every seller or logistics provider is who they claim to be. But with the right verification and due diligence partner, businesses can avoid costly mistakes and focus only on opportunities that truly perform. Scams like the AVDS scam remind us that vigilance is non-negotiable in global trade.

For a deeper dive into how due diligence prevents costly mistakes in fuel trading, read our article: EN590 Oil Trading – Why Verification & Due Diligence Can Save You Millions .

👉 Protect your business today — explore our annual subscription for verified opportunities only.

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Company Name: 1st Class Group Pte. Ltd.

Email: [email protected]

Contact Person: Christopher Lee

Mobile: +65 8787 8953

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