FRAUDS IN INTERNATIONAL TRADE

In recent months, international trade has been aff ected by frauds in many fi elds, such as in trade of goods, services, investments, marine insurance, and insurance of export trade. Even though frauds in trade are not a novelty, computerisation and the Internet have contributed to the spreading of fraudulent practices. International trade is also threatened by cybercrime. Nowadays, combating all kinds of frauds has become indispensable.
This article deals with all aspects of fraud which represent an evident danger to international trade. Particular attention was paid to the fraud detection and prevention. It is indicated that in that respect, new regulations should be enacted and legal culture should be improved.

Key words: international trade, fraud, deceit, detection and prevention