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Exporting cargo: FRAUD ISSUES


Fraudsters are increasingly out to scam you and your staff. Aneta Zaitlikova* looks at some of the most frequently used scams and how you can prevent your company from becoming a victim


Even with increased IT security and fraud awareness, the truth is that no one is immune to fraud. Fraudsters are more refined than ever and many scams are instigated by organised crime groups. These groups are dangerously sophisticated – they have


multi-layered schemes in place, including having great knowledge about the industry and the targeted business. They possess a large number of bogus documents such as


contracts of sale, insurance policies and bills of lading, or a fake website and personal ID.


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Common types of fraud in logistics contracts Payment frauds One of the most abundant frauds is payment scams. These require (in comparison with the other types of fraud) the least amount of knowledge on the fraudster’s part. These frauds make victims transfer their payments to a bank account owned by the fraudsters instead of the bank account owned by the genuine business. An example of such fraud is an email from an accounts department of a carrier asking to transfer the payment money


July 2021


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