Bank Guarantee Fraud is a real ScamSpeak™ term if ever there was one. Even though it has found its way into common usage in the financial news section of many newspapers, it is nonetheless a favorite term used by con artists. This is a very simple fraud. A businessman or investor requires access to capital for his own purposes. Let us say that the individual wants a line of credit of $50million or more. That individual or business discovers that to obtain such a line of credit means paying very large sums in fees, commissions and probably even worse means providing huge quantities of security.