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 | Well, I don't really know anything about a letter of credit fraud. | |
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| Hmm. Okay, where to start? Okay, lets say I am selling a face cream to you from Paris, you live in the U.S. | |
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| Alright, this sounds good. | |
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| So, originally, my bank would make a letter of credit for your bank, that says the product has been shipped. | |
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| Right... | |
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| If I was sneaky, I would make a fase letter of credit that looks like it's from my bank, and send it overseas to your bank. | |
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