i-law

Fraud Intelligence

New ICC scam

Imaginative fraudsters have issued a fake insurance policy in the name of the International Chamber of Commerce (ICC), which claims to protect businesses against losses caused by an earlier false ICC insurance guarantee. ICC officials this summer warned businesses against accepting deals underwritten by a counterfeit ICC “4081 Letter of Insurance Guarantee”. In an added twist many of the new fake reinsurance policy documents are numbered 4082.

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