DCW Scam Survey
“Proclaimed Offender” Accused of Forging LC Arrested
India’s Central Bureau of Investigation (CBI) has arrested a man declared a “proclaimed offender” by an Indian special court
Nigerian Airline Officials Indicted in US for Obstruction of Justice
Further to a story previously reported (Oct 2022 DCW 45), the CEO and founder of Nigerian airline Air Peace, has
SEC Charges Duo for Their Roles in Prime Bank Program
After US federal government agencies warned that “prime bank” instruments lacked legitimate use in the mid-1990s and the US Securities
Bangladesh Investigators: Insurer Embezzled Funds Linked to 25 LCs
Two officials from Asia Insurance, Bangladesh, were fined for embezzling BDT 22.7M via forged documents linked to TVS Auto.
Indian Firm Using LCs, Accused of Cheating Bank
India’s Central Bureau of Investigation (CBI) is looking into a complaint, alleging that a Mumbai-based civil construction firm and
Jail for Georgia Man Who Duped Florida County Using Phony Standby
Further to previous DCW reporting of a scam involving use of a bogus document labelled a standby letter of credit
Ghanaian Court Sees Red in Challenge of Charge Sheet
A man accused of willfully causing EUR 2.37 million in financial loss to Ghana by having letters of credit
