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Copyright © International Chamber of Commerce (ICC). All rights reserved. ( Source of the document: ICC Digital Library )
One of the world's largest cruise ship operators is alleging that the principal of a travel firm in Trinidad posted fraudulent letters of credit (L/Cs) in a charter arrangement.
In the wake of this action, aggrieved customers of Boodram's Travel and Ship Ahoy Cruises are now mulling legal action.
Fraudulent L/Cs
Carnival Corporation last month filed documents in the Florida Southern District Court in relation to two fraudulent L/Cs allegedly used by the principal of the Trinidadian travel firm, Vicky Boodram-Arjoonsingh.
The L/Cs were for two different cruise ship charters and purported to guarantee a total of US$6.4 million for these charters according to documents submitted to the court.
Passenger calls
Boodram-Arjoonsingh is also accused of selling cruises to customers for less than the amount she agreed with Carnival Corporation and that she had no intention of paying the cruise line.
Customers who bought tickets for cruises that never set sail are calling for refunds and reportedly mulling legal action.
This article represents the views of the author and not necessarily those of the ICC or any of the other partners in DC-PRO.