With international trade fraud, your ship may never come in - Crawford Ellenbogen

Fraud routinely targets import and export activity, and
individual businesses suffer. Your company might, for example, lose money if a
seller ships substandard goods or it could get fleeced if it turns out that a
shipment doesn’t exist. Part of the problem lies in the document letters of
credit (DLC) system that enables banks to pay sellers. If you’re importing
goods, research your trade partner and either hire an inspector to verify the
shipment or inspect it yourself before authorizing payment. Contact us for more
information about protecting your business from fraud.