Compliance Audit Exposes Widespread Fraud in Sourcing

Following a simple thread from what began as a compliance audit for an international retail chain, PICA determined that the sourcing of designs and products in Asia, and the sale of cancelled and sell-off merchandise, was creating significant market erosion through theft of designs, production of counterfeit products, and the diversion of cancelled, and sell-off merchandise outside of approved distribution channels.  PICA was not only able to identify the wrongdoers and curtail the market erosion, but also developed and introduced controls which have become standards throughout this industry.