World Net Enterprises, Inc. takes fraud very seriously!
World Net Enterprises, Inc. works with Federal Authorities to aggressively pursue and prosecute anyone attempting to purchase products using stolen credit card numbers. All orders are screened for fraud. If you are thinking of attempting to place an unauthorized order with someone else’s credit card, DON’T. You WILL be arrested and prosecuted to the fullest extent of the law. IP Addresses (physical location of computers) are recorded upon checkout.
Leading by example, World Net Enterprises, Inc. will:
- thoroughly examine every transaction in an effort to stop fraudulent orders before shipment;
- introduce appropriate measures to minimize the risk of fraud;
- adopt formal procedures to investigate fraud when it is suspected;
- concerning staff members, provide appropriate mechanisms for team members to voice their genuine concerns and protect those who do so;
- deter team members from making malicious or unfounded accusations;
- have no hesitation referring cases of suspected financial irregularity to the attention of law enforcement authorities;
- work closely with law enforcement authorities and other appropriate external agencies to combat fraud;
- support national and local initiatives against fraud.
In order to maintain World Net Enterprises, Inc.'s high standards, procedures and controls have been established to provide an environment which will minimize the opportunity for fraud. These procedures and controls help World Net Enterprises, Inc. conduct its business in a manner beyond reproach. They establish the rules to which directors and team members must adhere and are supported, as necessary, by detailed procedure manuals which have been prepared for the key functions of World Net Enterprises, Inc.
It is the responsibility of Department Managers to operate internal systems to ensure that high standards are applied and brought to the attention of their team members. Procedures are operated throughout World Net Enterprises, Inc. to ensure:
- an adequate separation of duties (more than one employee is involved in key tasks);
- proper authorisation procedures (transactions must be approved);
- independent monitoring and checking of data and documentation (checks and balances).
Procedures when a Fraud is Suspected
World Net Enterprises, Inc.'s requires suspected irregularities to be referred to senior management. All reported irregularities will be thoroughly investigated. The normal sequence of events, should an irregularity be suspected, will be as follows:
- If team members suspect an irregularity has occurred, or is likely to occur, they should normally report this to their line Manager who will in turn merm the appropriate Director (unless the concerns relate to that officer, in which case team members should have regard to the alternative mechanisms outlined below).
- Should preliminary investigations suggest the suspicion is reasonable, the senior management should be mermed, without delay.
- If the suspicions stem from an audit, the senior management will merm the appropriate Director.
- Members of the public are encouraged to report any concerns to senior management.
- Where further investigations indicate an offence may have occurred, the senior management will consult with the Directors. This will normally result in a decision to handle the matter according to World Net Enterprises, Inc.'s Disciplinary Procedures and to involve law enforcement authorities.
- Where financial impropriety is suspected, law enforcement authorities will normally be mermed.
Team members are vital to the successful implementation of measures against fraud. World Net Enterprises, Inc., therefore, encourages team members to report any concerns they have, without fear of being penalised. Normally, team members should raise such concerns with their line Managers, who have a responsibility to investigate and keep their Directors fully mermed. However, other routes are available and team members are free to discuss the matter with any of the following:
- their Director;
- the Chief Executive;
- the senior management.
The Manager (or Director) to whom the concerns are expressed will take prompt action and the employee will be notified quickly of any action taken. Where action is not considered appropriate, the employee will also be given a prompt and thorough explanation of the reasons for this. In the event of a disagreement, the employee will be advised how to pursue the matter formally.
team members should be aware that, if a suspicion is reported and results in a prosecution or disciplinary hearing, their involvement as a witness in those processes may be necessary, unless other substantial reliable evidence is available.
There is also a need to ensure that the investigative process is not misused. Therefore any abuse, such as raising unfounded or malicious allegations, may be dealt with as a disciplinary matter in itself. This should not deter team members from raising genuine concerns (even if subsequently unfounded but made with good intent), as, in so doing, they will be supported in every possible way.