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Debt recovery Case Study #006: Failed Business Scam A client approached JMS Rogers to collect debt from a “failed business” that was run by him and his ex-business partner. Our client had entered into a business venture with a friend who dabbled in retail online sales. They had numerous internal business meetings and decided to invest the sum of SGD$50,000 each into the business for start-up costs, product acquisition, sales and marketing expenses and website development. Our client was told by the partner to make the transfer to a personal bank account held by the partner and once the company was set up, the funds will be transferred into the company bank account to a total sum of SGD$100,000 from both parties. The transfer was made and operations were to begin. Over the next few months, nothing transpired and when our client asked about the progress, the partner kept giving reasons as to why there was a delay. It ranged from website development delays, to not being able to source for good retail products. When our client asked about the SGD$50,000 he was continuously told that it was being used properly for business expenses and purchases to get the company moving. Eventually, after almost 8 months of no results, our client demanded to know where the money was, and wanted to exit the partnership. He asked the partner to show him the receipts for the costs incurred and the purchases made, and he would accept that as a business loss from the failed venture. Our client was also under the impression that there would be some money left from his SGD$50,000. To his dismay, the partner told him that there were no receipts as these were purchases and costs incurred from vendors that worked on cash term basis and no receipts were given. This immediately did not sound correct to our client and our client demanded to be shown proof or he wants his money back. The partner told him that it was not possible as there was no money left and this was a failed business venture. So both of them had to bear the losses. The partner even had proof in WhatsApp conversations that the money transferred by our client was for business expenses. Our client was devastated and had sleepless nights due to the loss, but always had the feeling that he was being cheated. It was then that he approached us. Through the course of our investigations and engagement with the partner as a debtor, we discovered that the partner had not used the money for business expenses, but rather for his personal expenses. There were no business expenses incurred at all. JMS Rogers then proceeded to demand payment for the fraudulent activity, and over the course of 3 months, the debt was cleared in full. What can we learn from this: Ensure all paperwork is done for accountability of funds for any business venture that you enter into. Always demand to have proper oversight and authority for the utilisation of funds in any business partnership. Read more : https://www.jmsrogers.com/

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The Nigeria Police Force set to implement E- Policing, the police force says they will launched the digital Central Motor Registry Information System (e-CMR), with e-CMR “no more stopping to check papers - our officers are equipped with cutting-edge tech to verify documents in real-time.” According to Force Public Relations Officer, Prince Olumuyiwa Adejobi, the “Inspector-General Egbetokun is revolutionizing how we keep our roads safe with the new E-CMR system! Now, no more stopping to check papers - our officers are equipped with cutting-edge tech to verify documents in real-time. “With the NPF's new E-CMR system, you don't need to carry around physical documents. Access all your vehicle info digitally - quick, easy, and secure. “If your vehicle is registered with the NPF E-CMR and gets stolen, you can instantly flag it as stolen through your online profile. All field officers nationwide will be alerted within seconds Let's make our roads safer together.”

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Aseptic Packaging Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Material, Type, Application, and Regions The Aseptic Packaging Market size was valued at USD 69.7 Bn in 2023 and market revenue is growing at a CAGR of 10.47 % from 2024 to 2030, reaching nearly USD 139.94 Bn by 2030 Aseptic Packaging Market Overview Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Aseptic Packaging Market ”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Aseptic Packaging Market by thorough analysis, and projections are made up to 2030. Request a Free Sample Copy: https://www.maximizemarketresearch.com/request-sample/27520 Aseptic Packaging Market Scope and Methodology: The Aseptic Packaging Market is thoroughly examined in this study at the national, regional, and international levels. It provides a thorough analysis of the competitive environment in the Aseptic Packaging Market highlighting rivals' adopted business plans. The main rivals of Aseptic Packaging Market are carefully listed, including information on revenue and global reach. The research analysis the advantages and disadvantages of important companies in the Aseptic Packaging Market using SWOT analysis. The study also offers detailed insights into the structure of the Aseptic Packaging Market including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the Aseptic Packaging Market on a global and regional level were created. Detailed value chain analysis is included in the study, which explains Aseptic Packaging Market process and includes information about customers Understanding the Aseptic Packaging Market at both the levels is further facilitated by the inclusion of PORTER and PESTLE studies in addition to evaluations of market attractiveness. To delve deeper into this research, please follow this link : https://www.maximizemarketresearch.com/request-sample/27520 Aseptic Packaging Market Regional Insights The Aseptic Packaging Market 's current situation in each of the study's participating nations is presented in the Regional Analysis section. Understanding local viewpoints is essential because of the complex nature of the Aseptic Packaging Market . The regions that make up the Aseptic Packaging Market are North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The market size, growth rate, imports and exports, and other factors specific to each research region are all closely scrutinized. Aseptic Packaging Market Segmentation by Material Plastic Glass & Wood Metal Paper & Paperboard by Type Cartons Bottles Bags & Pouches Cans Aseptic Packaging Market Key Players North America 1. Scholle IPN (United States) 2. Sealed Air Corporation (United States) 3. Evergreen Packaging (United States) 4. Printpack (United States) 5. WestRock Company (United States) 6. Amcor Flexibles (United States) Europe 1. Tetra Pak (Switzerland) 2. SIG Combibloc Group (Switzerland) 3. Elopak (Norway) 4. Amcor plc (Switzerland) 5. Ecolean AB (Sweden) 6. IPI S.r.l. (Italy) 7. Refresco Group (Netherlands) 8. Goglio S.p.A. (Italy) 9. Schott AG (Germany) To Gain More Insights into the Market Analysis, Browse Summary of the Research Report: https://www.maximizemarketresearch.com/market-report/global-aseptic-packaging-market/27520/ Key questions answered in the Aseptic Packaging Market are: What are the recent industry trends that can be implemented to generate additional revenue streams for the Aseptic Packaging Market ? Who are the leading companies and what are their portfolios in Aseptic Packaging Market ? What segments are covered in the Aseptic Packaging Market ? Who are the key players in the Aseptic Packaging Market ? What is the growth rate of the Aseptic Packaging Market ? Which are the factors expected to drive the Aseptic Packaging Market growth? What is Aseptic Packaging Market ? Which application holds the highest potential in the Aseptic Packaging Market ? What are the key challenges and opportunities in the Aseptic Packaging Market ? What was the Aseptic Packaging Market size in 2023? What will be the CAGR at which the Aseptic Packaging Market will grow? What are the different segments of the Aseptic Packaging Market ? What growth strategies are the players considering to increase their presence in Aseptic Packaging Market ? What are the upcoming industry applications and trends for the Aseptic Packaging Market ? Key Offerings: Past Market Size and Competitive Landscape (2022 to 2029) Past Pricing and price curve by region (2022 to 2029) Market Size, Share, Size & Forecast by different segment | 2024−2030 Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region Market Segmentation – A detailed analysis by segment with their sub-segments and Region Competitive Landscape – Profiles of selected key players by region from a strategic perspective Competitive landscape – Market Leaders, Market Followers, Regional player Competitive benchmarking of key players by region PESTLE Analysis PORTER’s analysis Value chain and supply chain analysis Legal Aspects of Business by Region Lucrative business opportunities with SWOT analysis Recommendations About Maximize Market Research: Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies. Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India sales@maximizemarketresearch.com +91 96071 95908, +91 9607365656