Trade Misinvoicing

by Global Financial Integrity

Trade misinvoicing is a method for moving money illicitly across borders which involves deliberately misreporting the value of a commercial transaction on an invoice submitted to customs.  By fraudulently manipulating the price, quantity, or quality of a good or service on an invoice, criminals can easily and quickly shift substantial sums of money across international borders.

To read the article click on the link below:

http://www.gfintegrity.org/issue/trade-misinvoicing/