Corporate risk experts warn against fraud
Firms facilitating unscrupulous activity should expect harsh international sanctions.
That's the message from a Douglas-based anti-fraud and corporate risk consultancy, after an Island company fell foul of the US Department of Treasury.
PacNet, which processes international money transfers, has been accused of assisting multi-million dollar mail fraud schemes in America - an allegation which boss Paul Davis vigorously denies.
But Dave Bell of Expol Ltd says as a general rule, companies must be aware of criminal activity, and fully accountable for their practices - especially in dealing with major international jurisdictions:
Sailings altered as 'ongoing dredging issues' lead to 'insufficient water depths in Douglas port'
Manx Care asks all GPs to formally adopt Jess's Rule
Government 'taking rising fuel prices seriously'
Motion to sell Old Castletown Police Station to be put before Tynwald
