About fraud

COPY OF YOUR PASSPORT SCAM

A copy of your passport can be used for many illegal activities. Copies of your passport can be used for many illegal activities and you will know nothing about it. At least not for some time. Having a copy of your passport or a document with your personal details stated in... More info >>>

THIRD PARTY TO BLAME

Often a dishonest trading company does not accept any responsibility for the bad product it has supplied. This situation is known to many importers. You place an order with a foreign trading company, make pre-payment or open the L/C and wait for the goods to arrive. Once the goods are... More info >>>

HOW TO LIVE ON PRE-PAYMENTS

Scammers can easily live a good life by collecting pre-payments from several companies. How the scam works: A dishonest company creates a professional looking website and starts offering products which are always in demand, such as food, clothes, electronics, etc. The company is actively promoting itself using the internet and sooner or later... More info >>>

YOUR MONEY STOLEN – THE SCAMMER IS INNOCENT

In this scheme the scammer can steal your money and escape legal charges. The scammers register two companies. One can be registered absolutely legally, but another one is registered using stolen or fake documents. The first company rents a solid office, hires employees, launches a website and begins an active marketing campaign.... More info >>>

ILLEGAL IMPORT – NO CLAIMS

When the importer asks the seller to do something illegal it will be difficult to claim any possible damages. There is no secret that some importers are trying different ways to reduce import duties. One of the methods is to declare a lower price in the invoice; another is to declare... More info >>>

THE FREIGHT FORWARDER´S LIABILITY

In some cases the freight forwarder is not liable for the cargo and its damage or loss. According to FIATA Model Rules for Freight Forwarding Services the freight forwarder is not liable for the cargo in the following circumstances: “6.1. Basis of liability 6.1.1. The Freight Forwarder´s duty of care The... More info >>>

VAT FRAUD

In this scheme the scammers were trading with very expensive chips that were supposedly produced in one of the Baltic States. The scam was organised as followings: Company A imported large quantities of fuels to one of the Baltic countries. When the time came to pay the import tax, the company asked... More info >>>

CNF OR CIF? THINGS TO REMEMBER

Things to remember when using CNF and CIF terms. Many quotations in overseas trade are done on CNF or CIF terms. The only difference between these two terms is cargo insurance. In many cases the buyers do not pay much attention to the insurance matter and prefer CNF quotations, because it is... More info >>>

CHINESE PRODUCT ”MADE IN RUSSIA”

An interesting scam was discovered by the Russian Customs Services. Russian Customs´ Services were informed about unregistered overweight in two containers with garments that were sent from China to Finland through the Russian territory. The containers were transported by rail and the authorities decided to take them for detailed examination.... More info >>>

HAVE A CLAIM? COMMUNICATE IN WRITING

When you claim damages from your counterparty remember that all communications should be done only in writing. When business between partners is running smoothly most of the communication is completed over the phone and minor problems are easily solved. It is important to remember that when you have to claim damages... More info >>>

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