Keeping you informed

Site Selection Impacted by COVID-19, Corruption & Cybercrime - Mark Simmons Quoted in Investment Monitor

  • News
  • October 16, 2020

Mark Simmons was quoted in Investment Monitor on how FDI investors and economic developers need to be careful as a "perfect storm" creates the potential for more fraud. 

He said several factors tied to the pandemic, including the increase of virtual communication, can lead to a murkier atmosphere in the economic development community. He emphasized the importance of investors and economic developers being "hyper-vigilant" with due diligence during this period, especially when dealing with shell companies or countries with a history of corruption. 

Click here for the full article: COVID-19, Corruption & the Cybercrime Backdrop

Investment Monitor is powered by data and created by top business editors, journalists, and data scientists. 

Parker Poe Consulting is a corporate site selection and economic incentives consulting firm. The Parker Poe Consulting team provides site selection services to find data-driven solutions for clients who are expanding their footprints and considering new capital investments and job creation. Parker Poe Consulting also provides economic incentives consulting services to growing companies, helping clients navigate and negotiate incentives for economic development projects. From global conglomerates to family-owned businesses, Parker Poe Consulting positions companies to make informed project decisions that will maximize operational effectiveness while reducing costs.