- Maritime Piracy
- TalkFraud
- Membership
- Investigation
- Products & Services
The IMB aware of the escalating level of this criminal activity, wanted to provide a free service to the seafarer and established the 24 hour IMB Piracy Reporting Centre (PRC) in Kuala Lumpur, Malaysia.
A newsletter about fraud and global asset recovery from the office of International Chamber of Commerce's FraudNet. To read about key asset recovery cases and global compliance with anti-fraud and money-laundering laws, please click in the link above for the Newsletter PDF.
CCS offers a flexible membership arrangement based on the selection of predetermined membership packages. A prospective member can elect to join one or more Bureaux according to their requirements.
Losses due to official misconduct account for a great many maritime trade incidents. Each incident can be complex and wide-ranging in nature. It is therefore unlikely that any one company will have the knowledge and resources to be able to investigate it thoroughly.
Counterfeiting and piracy are a drain on our businesses and on the global economy. It has resulted in the widespread loss of lawful employment and a massive reduction of tax revenues.
- Details
Representation of a financial institution incorporated in the Cayman Islands against a former director to trace and recover sums of approximately US$ 50 million dissipated throughout Eastern Europe by entering into a series of ultra vires and fraudulent commercial contracts. Parallel proceedings pursued in the Cayman Islands and in the United Kingdom.
- Details
Representation of Komercni banka in a US$ 250 million fraud involving BCL Trading GmbH involving 30 letters of credit issued by the bank at the request of BCL relating to purported sales of large quantities of agricultural products from Russia and the Ukraine. The bank believed that there were no genuine sales of produce in Russian warehouses; the invoices and warrant lists were a sham; and that certain individuals acted as BCL's accomplice in a scheme designed to defraud the Bank. Komercni banka won on every count and was awarded the full amount of its claim, which exceeded US$ 100 million. FraudNet members representing an offshore regulator successfully pursued the winding up of 7 linked offshore companies.
- Details
Acted for the Depositors Compensation Scheme managers in the regulators scheme for depositor protection arising from the Bank of Credit and Commerce International (BCCI), a major international bank founded in 1972, which operated in 78 countries, had over 400 branches, and claimed assets of US$ 25 billion and which became the focus of the world's worst financial scandal and a "$20-billion-plus heist" (Beaty & Gwynne 1993).
- Details
Represented the joint liquidators in a 23 year liquidation arising from a major bank collapse, including fraud investigations arising therefrom. Developed an innovative scheme to repatriate unclaimed dividends to existing claimants.
Contact
Contact
© Commercial Crime Services, a division of the ICC Company limited by guarantee registered in England No 05716642 Registered office Cinnabar Wharf, 26 Wapping High Street LONDON E1W 1NG Tel: +44 (0)20 7423 6960 E-mail us your comments and remarks