One interesting story was a store called "Cool Stuff Emporium". They were brilliant marketers, they brought their ugly looking store from 0 to top 100k in Alexa rank in a single month. They had massive engagement and many sales (I guess). At some point I started seeing complaints of clients on their facebook posts that they don't reply to emails & orders didn't receive. Eventually their store was gone from Shopify, their facebook page became inactive and eventually removed and there was a post by the Tazmania police that this store is now under their investigation.
A second similar story is of a yoga store, upkeepyoga, it's still around. Same story, they grew massively in a short amount of time, to a point where they now get a lot of public negative complaints, no customer support, no orders received, and imo, it's only a matter of time before they close their doors too.
A third similar story is a much smaller in magnitude, but still the same pattern... GalaxyTeez. Brilliant marketing, no customer service, no orders fulfillment or wrong orders, cheap looking end-products, tons of complaints, etc.
There are more stories, but the pattern is the same. Quick success and a slow downfall. Maybe these are all bad people and scammers. Could be true, considering the very high margins they sold their products. But here's another suggestion, what if Aliexpress suppliers screw them over? Bad suppliers that don't deliver, don't provide a good service or just don't understand English, and basically leaves you with tons of unfulfilled orders and refund requests? It can be a bad place to be even for good guys.
After all, Aliexpress is still a retail store, and as retail sellers they are not committed to your dropshipping business as real suppliers.
Therefore I tend not to blame the store owners for scam or fraud, because they probably worked their asses off for the store to generate all these sales and make it work.
Your thoughts on this? Any Sherlocks in here that could crack this trend?