Fraud
Posted: Mon Sep 13, 2010 2:12 pm
Hi Pls help!
We are the applicant. we ordered goods based on sight LC and the issuing bank did not raise any discrepancy notification. so we accepted the docs but there was no shipment. all documents were forged inclding BL, P/List etc...the beneificiary was paid too
having inspected the docs subsequently, we found the following issues.
- the LC number in the packing list is incorrect. i.e., instead of 090043 it was 09043 (one zero less)
- there were three original BLs. 2 Bls had date as 10 January whereas the other BL had the date as 5 January. Note this date is placed by the carrier with a stamp. (I presume this is called the issue date)
- "clean "On Board"" date as typed is 10 January ( no further date on BL except as mentioned above)
- the quantity in BL and in comm invoice/pack list is different by approximatelt 8 %. (Not sure whether UCP 600 clause 30a or b applies) the BL just specified the goods only, no packing info was specified in the BL.
just wanted to know whether the issuing bank should have raised these as descrepancies and since they did not can we the Applicants hold them liable?
thanks in advance
We are the applicant. we ordered goods based on sight LC and the issuing bank did not raise any discrepancy notification. so we accepted the docs but there was no shipment. all documents were forged inclding BL, P/List etc...the beneificiary was paid too
having inspected the docs subsequently, we found the following issues.
- the LC number in the packing list is incorrect. i.e., instead of 090043 it was 09043 (one zero less)
- there were three original BLs. 2 Bls had date as 10 January whereas the other BL had the date as 5 January. Note this date is placed by the carrier with a stamp. (I presume this is called the issue date)
- "clean "On Board"" date as typed is 10 January ( no further date on BL except as mentioned above)
- the quantity in BL and in comm invoice/pack list is different by approximatelt 8 %. (Not sure whether UCP 600 clause 30a or b applies) the BL just specified the goods only, no packing info was specified in the BL.
just wanted to know whether the issuing bank should have raised these as descrepancies and since they did not can we the Applicants hold them liable?
thanks in advance