Fake bill of lading

In this instance, the fraudster fabricates a bill of lading in an attempt to impersonate the consignee, and so receives the cargo from the carrier. The IMB NVOCC Register provides a business solution to a business problem affecting parties involved in international shipping and trade. Unfortunately, the Belgian agent released the cargo to the consignee against a bill of lading that appeared genuine at first glance – but was in fact a clever forgery. The shipper claimed they had not been paid for the cargo and still held the original bills of lading. Such a fraud requires a lot of information gathering on account of the fraudsters, such as a copy of the actual bill of lading to ensure forging is believable.

Fake bills of lading. Some fraudsters are capable of forging bills of lading using high quality colour photocopiers that can reproduce even the printed logo of the earner. These fake bills of lading are usually used in persuading buyers or banks to pay for non-existent cargo. Fraud or deception using bills of lading can be eliminated through digitisation.

A case involving sheepskins exported from Australia to China is yet another demonstration that paper bills of lading are open to all manner of manipulations. The carrier had to reimburse the bill of lading holder for the shortage of containers. Please find attached below your Bill of Lading , Packing List and Invoice for the current shipment headed to your port.

Letters of Indemnity for a Clean Bill of Lading One particular circumstance where a Letter of Indemnity is mostly unenforceable is when there is a deliberate attempt of fraud. Referring back to the Bill of Lading having a function of a receipt of goods, carriers and charterers drawing the bill of lading has the obligation to portray accurately the cargo carriage. The shipment of six containers of castor oil, worth USD 2700 was arranged by a ship agent member of ITIC. Forged bills of lading.

The containers were to be transported from India to Antwerp. Popular Terms Name of the clause in marine insurance policies that covers theft of cargo through fraudulent documents, or fraudulent use of legal documents. The risks associated with paper bills of lading are highlighted following the discovery by the ICC International Maritime Bureau (IMB) of fraudulent Bills of Lading for shipments into Nigeria The Bills of Lading covered small quantities of consumer products carried in containers due to be shipped into Lagos and all featured the logos of major carriers. A bill of lading may be impractical or unnecessary for coastal or other short voyages, or where the goods carried are not the subject of any sale contract. The obvious disadvantage of a bill of lading is that the carrier can only deliver to the receiver in accordance with his contractual obligations if the bill of lading is produced and this may cause delay.

The bank is not expected to verify if the cargo was actually shipped on the vessel mentioned in the bill of lading. Reasoning could be that, the bill of lading submitted to the bank is issued by a shipping line who is allowed to issue it only after verifying that. We would like to alert all customers to the issue of phishing scams. One example is that of blank bill of lading templates which you can use to make bills of lading to look after your items during delivery. The world’s leading professional indemnity insurer for transport professionals A liner agent released a cargo of ceramics that had been shipped from the Far East when presented with what they assumed was the original bill of lading.

It later transpired that the bill of lading was a forgery. In the majority of “false” bill of lading cases, it is the subsequent bill of lading holder, rather than the shipper who needs to invoke apparent authority. A Bill of Lading is a receipt for the goods carried on a ship, or – when technically put – is an evidence of contract between the shipper and the carrier. It is a documented title for the goods, signifying that the holder of the Bill of Lading is the legal owner of the goods it states.

AGENT ISSUING FRAUDULENT BILL OF LADING. In this section, common carrier does not include a pipeline company or express company. Inland Bill of Lading.

This is another type of document that is required for the transportation of cargo. But this form is unlike the ocean bill of lading , it is required for the goods that required to be transferred over land. The Hague, Hague-Visby and Hamburg Rules also provide that where a bill of lading has been previously issue e. This type of bill of lading serves both, as a carriage contract and carrier’s receipt.