https://padlet.com/indrearmorgan/79momqh0k1tvfevx IslandTech Supplies Ltd. was a respected distributor of electronic components in Montego Bay, Jamaica. For over a decade, the company built strong relationships with schools, businesses, and government offices, supplying affordable and reliable tech equipment. In 2023, the company’s managing director, Mr. Donovan Ellis, began cutting corners to increase profits. He instructed employees to falsify product quality reports to win government contracts; inflate invoices submitted to clients and government agencies; and avoid paying statutory deductions for employees (NIS, PAYE, and Education Tax), even though these were deducted from staff salaries. Additionally, Mr. Ellis accepted under-the-table payments from a supplier in exchange for awarding them an exclusive contract, despite the supplier’s known history of defective products. In early 2025, a whistleblower submitted evidence of the misconduct to the Ministry of Finance. An investigation was launched, revealing years of unethical practices. News of the scandal quickly spread across the media. As a result of this the company lost all government contracts and several private clients pulled their business; Mr. Ellis was arrested and charged with fraud and tax evasion; Several employees resigned, and those who remained had their salaries delayed for months due to cash flow problems; The company’s reputation was permanently damaged, and sales dropped by over 60% in six months; and a class-action lawsuit was filed by employees over unpaid statutory deductions. en-us 2025-07-06 13:01:56 UTC 2025-07-06 14:34:53 UTC hello@padlet.com https://padlet.net/icons/8.0/png/1f6c4.png indrearmorgan https://padlet.com/indrearmorgan/79momqh0k1tvfevx/wish/3511540265 INSTRUCTION: After reading the case study above, briefly discuss at least two consequences identified of unethical or illegal business practices that are illustrated in the scenario. Support your response with details from the case.

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