Physical Carrier News

Bills of Lading Internet Fraud Warning

The ICC International Maritime Bureau (IMB) warns against fraudulent cargo tracking websites. Such sites have been created and improved over the years to add legitimacy for fraudsters to entrap their would-be victims. This is particularly true for containerised shipments, where convincing tracking websites highlight the degree of sophistication employed. A recent example, investigated by the Bureau, illustrates how such online confirmations – whilst appearing convincing – cannot be always taken on face value and relied upon. These also further underline the need for independent verification of credit complying documents, particularly the bill of lading. The first example covers what appears to be a valuable containerised shipment of copper cathodes from South America to the Far East.