<h1>Timber Import Scammer Caught in Rs 10 Crore Fraud Scheme Using Forged Shipping Documents and Fake Letters of Credit</h1> A Singapore-based individual was arrested in a Rs 10 crore international trade fraud involving forged shipping documents. The suspect allegedly submitted fabricated Bills of Lading and shipping documents to banks, obtaining funds for a timber import deal without actually shipping any cargo. Investigations revealed the documents were fictitious, and the accused used fraudulent methods to obtain illicit funds through Letters of Credit. The Economic Offences Wing has notified diplomatic channels and continues investigating the case.