Guide

Avoiding crime and fraud in international trade

Introduction

Businesses in international trade face a growing threat from crime. Fraud is deceit for financial profit and has cost the UK economy billions of pounds in recent years. Currently the main threat to international traders is fraud from organised crime, including theft of your goods or your business identity, cross-border crime and road-freight crime. Other risks include infringement of intellectual property or employee fraud.

The rise in online trading has created new forms of criminal activity, such as new ways of laundering money. Businesses in the European Union can rely on shared laws and commercial procedures to protect them. This action-based guide explains the key risks involved, how to reduce them, and what to do if your business is targeted.

This guide explores crime and fraud issues in international trade. Read more about insurance for international trade.