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Technology Solves Mtic - Vln, Rtvat, D-Vat Certification, Richard Thompson Ainsworth
Technology Solves Mtic - Vln, Rtvat, D-Vat Certification, Richard Thompson Ainsworth
Faculty Scholarship
Technology solves missing trader intra-community (MTIC) fraud. This should come as no surprise. MTIC is technology-intensive fraud – its solution should also be technology-intensive.
MTIC is getting to be an out-dated term. Now that missing trader fraud has move into services it is no longer confined to intra-community trade, and the older acronym should be adjusted to MTIC/MTEC fraud (with MTEC standing for missing trader extra-community).
MTIC/MTEC fraud is fully digitized (the supply, the movement of the supply, and the funding). The consequences should be clear. MTIC/MTEC must be prevented (before the fact), not pursued (after the fact). In the …