Hidden rebates

“FBI Probe Examines Ad Firms’ Practices,” The Wall Street Journal, September 28, 2018 B1.  Did ad agencies receive “rebates” from media outlets, without telling their customers?

How much would your business be hurt if your customers found out you were taking something on the side from the companies you contract with on behalf of those customers?  Would they take their business away from you and do it themselves?

Does your Code of Conduct prohibit cheating your customers?  Who must have known about this practice?  Who reported it?

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Filed under Compliance (General), Controls, Corporation, Duty, Governance, Information, Third parties

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