Convention Insider (Conventions.net)

I was talking to a friend yesterday about the idea behind a trade show manager that would wait up until the show date to cancel it and take the money and escape out the back way.  That sounds a little dramatic and perhaps it is just the movie of the week that is playing in my head when I imagine that actually happening but it could happen.  In fact in 1995 I remember a man organizing trade shows in Houston, Texas while sitting in his prison cell.  He would set up the event sell exhibit booth space and then cancel at the last minute and not give anyone their money back.  He would tell vendors and others that there was not adequate parking.  As I said, it should be the movie of the week.

Today, 15 years after the fact, the economy is struggling and people are having difficulty getting new businesses to work and flourish.  This is part of the other problem with trade shows, events and conferences that are failing and not getting off the ground.  There are not enough sponsors willing to fork over money for the events that are starting and the organizers have no financing to get a year under their belt and lastly, attendees cannot afford to attend.  It seems to be a vicious cycle and in among this craziness is people wanting to take advantage of others.

How do you protect yourself in a situation with new show organizers that have the opportunity to be a good event but must either cancel the event or have it be a failure when you show up and present your trade show best to very few attendees?  There must be ways for you to protect yourself from this.  I want to explore this more and would ask that anyone that has experience with this leave us a comment.  I would love to talk to some wily veterans that might have this knowledge and might know how to combat the problem.  If you have had this happen either as an organizer or an attendee or an exhibitor I would love to hear from you.  Let us in on what happened and how.  I am going to do some further research on this and run a series of information on Trade Show and Convention Fraud.  I might even throw in some of my own experience.  I think this is something that is very unfortunate and something we should all be aware of in this tight economy.