Han, Chang-Ryung; Nelen, Hans; Joo, Matthew Youngho - In: Journal of Money Laundering Control 18 (2015) 4, pp. 457-474
Purpose – This paper aims to explore the feature and mechanism of a new type of documentary credit fraud that victimizes banks’ issuing letters of credit (L/C), harming neither the importer nor the exporter and seeks to suggest possible measures to tackle it. Design/methodology/approach –...