What are the different types of international trade?

International trade frauds are responsible for theft of a large amount of money from businesses and individuals, but fraudsters responsible for such fraud tend to regularly look for new goals because many people do not know common types of fraud. Phishing, which includes someone who accumulates e -mail with many different addresses and asks for sensitive information, is one of the most common types of international trades. Credit fraud includes someone who creates a letter of credit for non -standard or non -existent goods and then money on pockets. Safe fraud includes international fraudsters through realistic looking storage websites to steal money from the user. Many fraudsters also send counterfeit cash orders and checks to legitimate businesses.

phishing fraud usually occurs one of two ways with international business fraud. The most common includes someone who says recurrence is entitled to a large amountfor money. This money is reportedly either from a relative or from a bank who does not want to see money to go to the government, and the hook is that the recipient can collect the money if he sends sensitive information. The second method is that the e -mail appears as if it were from a legitimate international bank or the company that the recipient visits and ask the users to update their personal data. In both cases, fraudsters are trying to get the user's social security number, credit card number, bank name and password or other sensitive information.

International Trade Fraud is running out when someone buys a product from someone. To transfer money, Scammer suggests using the store. The problem is that Scammer creates a website that looks only like a custody service. Instead of a legitimate transfer of money in which Scammer would receive money after sending the product, the fraud in this case gets the money immediately and the user gets nothing.

Furtivers, bank letters promising payments for item are involved in LEGitimate international trade, but fraudsters also know how to use them for international business fraud. Scammer promises to send the item and the victim gives him an accreditation. At this point, Scammer finds an institution willing to pay off a letter of credit without documents that show that the products have been sent, or Scammer adds an empty box to get the necessary shipping documents. This means that Scammer gets the promised money while the victim loses money and in return gets nothing valuable.

with false cash orders and checks will send a scammer document to the seller. The check or cash voucher is higher than the item value and the SCAMMER asks the seller to join the next amount. After completing the wire, Scammer has extra money while the victim has to pay a thick amount of check when the bank discovers that it is false.