Customer Success Story:
Undervaluation fraud to avoid fees and taxes
Risk:
Revenue
Fraud Pattern:
Undervaluation of goods
The Challenge
Capturing Tariffs Revenues
The client, a Custom administration from West Africa, approached Publican to help accelerate their digital transformation efforts
The Shipment
Spare Parts for Construction Equipment, Electric Generators and Concrete Mills
Publican digitally inspects every shipment’s documentation and cross-checks it with unique, relevant, and reliable global sources to determine its authenticity.
Risk Vectors Detected by Publican
- Declared price was in a local currency instead of Euro
Impact
Increasing Tariffs Revenues
Publican is fully integrated with the client’s internal platform to identify fraudulent shipments which results in increase of tax revenues.
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21 Soho Square London W1D 3QP, UK