The vulnerability of trade finance to criminals and protection measures being deployed to counter trade-based financial crime involving fake invoices, fake bills of lading, collateral fraud, and duplicate financing is the focus of a comprehensive insight piece produced by Deutsche Bank.

Fighting Trade-related Fraud says professional fraudsters are increasingly taking advantage of the trade industry’s reliance on document-based processes to get the better of banks and their clients, and that trade-based criminality is on the rise.

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