How do I check a counterparty that uses POP in a deal?

The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.

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Scam patternspop

POP

Proof of Product — a document or video a seller offers to evidence a cargo exists; routinely faked in advance-fee schemes.

POP (Proof of Product) is anything a seller offers to show a cargo is real: a tank storage receipt (TSR), a dip-test, an SGS/Saybolt report, or an injection video. In legitimate trade, POP is verifiable directly with the named terminal or inspector. In the broker-scam circuit POP is forged or recycled — a generic tank photo, an unsigned "SGS report", a video with no terminal reference. Treat any POP that cannot be confirmed directly with the named terminal or inspection company as worthless. Run the counterparty through a free check before acting on a POP.

Related: SGS, Q88, Dutch procedure.

Frequently asked

What does POP mean in oil and commodity trading?: Proof of Product — a document or video a seller offers to evidence a cargo exists; routinely faked in advance-fee schemes.
How do I check a counterparty that uses POP in a deal?: The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.